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Just in: Elon Musk Says All Verified Users Will Own a Piece of Twitter

Elon Musk wants to give every verified user a stake in Twitter.

As the new owner of Twitter, Elon Musk, attempts to steer the company toward the future of social media, the platform has evolved into a dynamic landscape of ideas.

Musk is unconcerned despite the fact that the firm is losing $4 million every single day.

He is well aware that the sum of money is inconsequential when compared to the potential benefits of establishing a public platform in which all individuals may voice their thoughts without fear of being monitored or punished for doing so.

People close to the tycoon claim that the new strategy is to give each authenticated user a stake in the business in order to make everyone feel involved.

Joe Barron, a financial genius at Sachyman, Shwidt, and Peasley, believes that “it’s a wonderful strategy,” despite the fact that “nobody has ever taken a corporation and just…divided it up before.”

A whole new trend in management and maybe even financial investment will emerge as a result.

Musk intends to produce a non-fungible token, also known as an NFT, which will provide each verified user access to their own unique login platform.

A section titled “Welcome Twitter Owners” will be included within the portal. This section will also contain a link to a poll that will help enhance the platform.

Analysts believe that there will be a wide range of factors that will influence the value of each token.

According to economist Art Tubolls, “you can’t simply give value to anything; it has to genuinely be worth something before you can do that.” Baby Boomers will have a difficult time understanding Musk’s idea since it diversifies control of the firm and puts everything on a blockchain.

This is because you can’t put the money in your coin purse after decentralizing ownership.

If it proves to be successful, Twitter may represent the next stage in the development of human society. God bless Elon Musk.

Source: THE DUNNING-KRUGER TIMES

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Written by Alex Bruno

Freelance space writer Alex Bruno specializes in covering China's quickly expanding space industry. In 2021, he started writing for SpaceXMania. He also contributes to publications including SpaceNews, IEEE Spectrum, National Geographic, Sky & Telescope, and New Scientist. When Alex was a small child, he first experienced the space bug after seeing Voyager photographs of alien planets in our solar system. When not in space, Alex likes to go trail jogging in the Finnish countryside.

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