MicroStrategy's Saylor Responds to Elon Musk's Crucial Post With Bitcoin Message

investing.com 16/10/2024 - 12:07 PM

U.Today – Elon Musk's Insights on X's Efficiency

Elon Musk, serial tech entrepreneur and owner of X, has made a fundamental statement on how efficient X can be for political and business leaders, encouraging them to post on it.

Musk Highlights X's Major Efficiency

Musk has stressed the efficiency of X as opposed to legacy media, where it can be held by the "negativity filter" or may become part of "some reporter’s often unfair hit piece."

He admitted, "It is certainly possible to say something silly once in a while, as I do." However, he believes that even this would add to the authenticity of the speaker on the X platform.

Furthermore, the tech billionaire underscored the fact that a message posted on X rather than on legacy media "can reach thousands of times more people than a random newspaper article." He reminded the community that X boasts 600 million active monthly users, occasionally surging to one billion during real-time crises.

Among X's major advantages, Musk mentioned that the most influential people have active accounts on the platform. He acknowledged he is not subscribed to any other social media platforms, and neither are his friends: "I don’t use anything else personally, and the same is true for many people I know."

Importantly, Musk noted that he actively posts on X, sometimes "100 times per day," and confirmed that these are his personal posts, not managed by a team. Currently, a staggering 201.8 million people follow Musk on X.

Reactions from Others in the Crypto Space

Vocal Bitcoin advocate Michael Saylor, cofounder of MicroStrategy, commented on Musk’s tweet in his traditional BTC style by posting an AI-generated image of himself featuring a Bitcoin logo. Saylor tweeted, "is a great way to start the day."

Dogecoin co-creator Billy Markus also reacted to Musk’s message, stating, "Most people are scared to be themselves and say what they really feel."

This article was originally published on U.Today




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