In this episode, TRON Girls Alexis and Lety discuss Elon Musk’s Twitter takeover and how it all transpired. They also talk about his influence over Dogecoin and Twitter’s role in impacting the crypto market.
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Lety explained Elon controls the crypto market with fundamental analysis. An example is his Twitter posts emphasizing his admiration and positive sentiment for dogecoin. Alexis added that Musk claims hate speech has been reduced since he took over, however, studies suggest otherwise. The Anti-Defamation League and the Center for Countering Digital Hate have new reports saying the volume of hate speech on Twitter has risen dramatically under Musk’s leadership.
Despite Musk’s Twitter takeover, the large scale of business and entrepreneurship on Twitter has become a popular place for cryptocurrency supporters. It’s nicknamed “Crypto Twitter” because of the often trending crypto topics. Twitter enables developers worldwide to debate whether or not there should be technological changes to open-source networks. It’s a way for people that have specific interests to find one another, have engaging discussions, and build a community.
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