Twitter to accept DOGE as payment?

Dogecoin is pumping on a day when the rest of the cryptocurrency market is slightly down or muted. From a technical standpoint... the recent pump to 0.18 has pulled back and held a 50% Retracement so far. It needs to continue to break 0.16 first. Failing to maintain 0.14 and the trade is over. From CNBC:

Elon Musk suggests people who subscribe to Twitter Blue should be able to pay with dogecoin.

“Everyone who signs up for Twitter Blue (ie pays $3/month) should get an authentication checkmark,” he tweeted.

“Price should probably be ~$2/month, but paid 12 months up front & account doesn’t get checkmark for 60 days (watch for CC chargebacks) & suspended with no refund if used for scam/spam,” he said.

“And no ads. The power of corporations to dictate policy is greatly enhanced if Twitter depends on advertising money to survive,” he added.

Musk also proposed that the pricing “should be proportionate to affordability & in local currency.”

“Maybe even an option to pay in Doge?” he suggested, referring to the cryptocurrency.


Source:
cnbc.com/2022/04/10/elon-musk-on-changes-to-twitter-blue-says-dogecoin-should-be-accepted.html