Home | Crypto News | Elon Musk Should Integrate Twitter With Bitcoin And NOSTR to “Ease Burden,” Says Jack Dorsey

Elon Musk Should Integrate Twitter With Bitcoin And NOSTR to “Ease Burden,” Says Jack Dorsey

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Twitter founder and former CEO Jack Dorsey advised the current leadership to implement censorship-resistant methods to ease limitations. Elon Musk bought the social media company and began transforming it months earlier.

Early Sunday, Dorsey posted on Twitter’s struggles and hopes for its success. He stressed the need to build on open protocols like Bitcoin and NOSTR to maintain the open internet.

NOSTR uses simple and flexible event objects and standard elliptic-curve cryptography for keys and signing to establish a censorship-resistant worldwide social network.

A few minutes before Elon Musk, Twitter’s new owner, announced temporary restrictions on account activity to address issues with data scraping and system manipulation, Dorsey’s tweet was significant for its timing.

Several users have reported temporary limits to views in response to Musk’s statement, which has raised debate about the platform’s future trajectory under his leadership. The Tesla CEO then tweeted that setting the rate limit on Twitter was a last-ditch effort to stop rivals from getting Twitter’s data. He promised users that normal Twitter functioning would be restored while conceding that it is a temporary measure.

The purchase of Twitter by Elon Musk last year was greeted with both excitement and worry. The $44 billion transaction was a big thing for the social networking company, but it also made people wonder what Musk would do with it.

Musk, who is well-known for his staunch support of free speech, declared his aim to develop a platform that is more open, lift the lifetime ban on former President Donald J. Trump, and incorporate cryptocurrencies like Dogecoin for payments. With new leadership, employment layoffs, and creative ways to monetise the service, Twitter under Musk’s ownership also promised significant changes.

The public Square is being sued for a number of alleged violations, including a $250 million copyright case last week by 17 music companies. As a result, critics have expressed concerns about the possibility of growing harmful content and false information on Twitter.

However, as Elon Musk addresses the issues Twitter is facing, others believe that Dorsey’s proposal to integrate Bitcoin and NOSTR might completely transform the site into one that is less centralized and more impervious to censorship. Musk had not yet responded to the suggestion as of the time of publication, though.

Jay Solano

Jay Solano

Jay is a crypto and NFT enthusiast dedicated to exploring the dynamic world of digital assets. As a crypto blog writer, he is sharing his knowledge of the latest trends, breakthroughs, and investment opportunities in the blockchain world.

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