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Elon Musk, Mark Cuban Discuss Using Dogecoin to Solve Twitter Spam Problem


Elon Musk, Mark Cuban Discuss Using Dogecoin to Solve Twitter Spam Problem

Shark Tank star Mark Cuban has actually developed a method to fix Twitter’s spam issue utilizing the meme cryptocurrency dogecoin (DOGE). Tesla and Spacex CEO Elon Musk concurs that it is “not a bad concept.” Twitter just recently accepted Musk’s buyout deal.

Elon Musk Optimistic About Mark Cuban’s Dogecoin Idea

Tesla CEO Elon Musk has actually been talking about on Twitter how to fix the platform’s spam bot issue. He has actually guaranteed to fix the spam issue “or pass away attempting.” Twitter concurred to offer the business to Musk for about $44 billion recently.

One recommendation originated from American billionaire business owner Mark Cuban. He is a star in business truth tv series Shark Tank and the owner of the NBA group Dallas Mavericks.

In a tweet early Sunday early morning, Cuban recommended that everybody installs one dogecoin (DOGE) for unrestricted posts on Twitter. If anybody flags a post as spam and a human validates that it is, that individual gets the spammer’s DOGE. He even more discussed that spammers need to publish 100 times more dogecoin. If the post is not spam, the flagger loses his dogecoin.

At the time of composing, Cuban’s tweet has actually resembled more than 9K times. Dogecoin co-creator Billy Markus stated, “I like this.” Musk responded, “Not a bad concept.”

Many dogecoin advocates believe that Cuban’s tip is an excellent concept, keeping in mind that it is really bullish for DOGE. Some individuals are hesitant about its practicality, with some questioning the requirement to begin paying for what is presently a totally free service and requiring individuals to utilize the meme cryptocurrency as security to avoid spamming.

Some individuals raised the problem of deceitful users video gaming the system for revenue. One Twitter user responded to Cuban: “Nah. You didn’t believe this through. How do you handle unethical stars flagging spam that isn’t and people validating it is spam simply to get the ‘spammers’ canine coin?”

The Tesla manager has actually guaranteed to make “ substantial enhancements” to Twitter. He called crypto spam bots the “single most frustrating issue on Twitter.” Prior to the social networks giant accepting his buyout deal, he stated if his Twitter quote is successful, he “will beat the spam bots or pass away attempting.”

Both Musk and Cuban have actually been pro-dogecoin. Musk is typically called the Dogefather. In August in 2015, the 2 stated that dogecoin is the “greatest” cryptocurrency for payments Cuban’s NBA group, the Dallas Mavericks, accepts DOGE for product and the Shark Tank star has actually likewise been motivating individuals to enter crypto by means of dogecoin.

What do you consider Mark Cuban’s concept to utilize dogecoin to combat spam on Twitter? Let us understand in the remarks area listed below.

Kevin Helms

A trainee of Austrian Economics, Kevin discovered Bitcoin in 2011 and has actually been an evangelist since. His interests depend on Bitcoin security, open-source systems, network impacts and the crossway in between economics and cryptography.

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