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

2 years ago

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

Shark Tank prima Mark Cuban has travel up with a mode to lick Twitter’s spam occupation utilizing the meme cryptocurrency dogecoin (DOGE). Tesla and Spacex CEO Elon Musk agrees that it is “not a atrocious idea.” Twitter precocious accepted Musk’s buyout offer.

Elon Musk Optimistic About Mark Cuban’s Dogecoin Idea

Tesla CEO Elon Musk has been discussing connected Twitter however to lick the platform’s spam bot problem. He has promised to lick the spam occupation “or dice trying.” Twitter agreed to merchantability the institution to Musk for astir $44 cardinal past week.

One proposition came from American billionaire entrepreneur Mark Cuban. He is simply a prima successful the concern world tv bid Shark Tank and the proprietor of the NBA squad Dallas Mavericks.

In a tweet aboriginal Sunday morning, Cuban suggested that everyone puts up 1 dogecoin (DOGE) for unlimited posts connected Twitter. If anyone flags a station arsenic spam and a quality confirms that it is, that idiosyncratic gets the spammer’s DOGE. He further explained that spammers person to station 100 times much dogecoin. However, if the station is not spam, the flagger loses his dogecoin.

At the clip of writing, Cuban’s tweet has been liked much than 9K times. Dogecoin co-creator Billy Markus said, “I similar this.” Musk replied, “Not a atrocious idea.”

Many dogecoin supporters deliberation that Cuban’s proposition is simply a bully idea, noting that it is precise bullish for DOGE. However, immoderate radical are skeptical astir its viability, with immoderate questioning the request to commencement paying for what is presently a escaped work and forcing radical to usage the meme cryptocurrency arsenic collateral to forestall spamming.

Some radical raised the contented of unscrupulous users gaming the strategy for profit. One Twitter idiosyncratic replied to Cuban: “Nah. You didn’t deliberation this through. How bash you woody with dishonest actors flagging spam that isn’t and humans confirming it is spam conscionable to get the ‘spammers’ canine coin?”

The Tesla brag has promised to marque “significant improvements” to Twitter. He called crypto spam bots the “single astir annoying occupation connected Twitter.” Prior to the societal media elephantine accepting his buyout offer, helium said if his Twitter bid succeeds, helium “will decision the spam bots oregon dice trying.”

Both Musk and Cuban person been pro-dogecoin. Musk is often called the Dogefather. In August past year, the 2 said that dogecoin is the “strongest” cryptocurrency for payments. Cuban’s NBA team, the Dallas Mavericks, accepts DOGE for merchandise and the Shark Tank prima has besides been encouraging radical to get into crypto via dogecoin.

What bash you deliberation astir Mark Cuban’s thought to usage dogecoin to combat spam connected Twitter? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

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