Popular social media giant, Twitter, has been in the news lately following the massive move made by Tesla owner Elon Musk. Early this month, the serial entrepreneur bought shares in the company and has taken a bold step by filing a request to buy the platform for over $42 billion. CZ Calls For Decentralization Of Twitter As Elon Musk Bids for Sole Proprietorship The CEO of Binance, Changpeng Zhao, responded to the Twitter bid by suggesting that the social media platform be decentralized and privatized. Also, tokens, NFTs, and metaverse projects should be launched on the platform with verified accounts charged certain fees to reduce spamming, which has ravaged the social giant recently. Privatize it, issue a token, decentralize it. Cost per blue tick accounts to reduce spam/scam. NFTs, metaverse… https://t.co/Ws3b9uXzbG — CZ 🔶 Binance (@cz_binance) April 14, 2022 The issue of decentralized social media that will allow for free speech has been a huge debate lately. A Twitter user, @Eljaboom, asked the Binance boss why he didn’t buy the platform. CZ responded that he couldn’t buy Twitter as he is currently working on a startup business and if Elon Musk succeeds, this dream may become a reality with Twitter. Elon Musk’s Interest In Twitter Elon Musk, the billionaire entrepreneur, best known for creating and leading Tesla and SpaceX, has offered to buy the whole Twitter firm for $54.20 per share in a letter to the company’s chairm...
