Shark Tank star Mark Cuban has provide you with a strategy to resolve Twitter’s spam drawback utilizing the meme cryptocurrency dogecoin (DOGE). Tesla and Spacex CEO Elon Musk agrees that it’s “not a nasty thought.” Twitter not too long ago accepted Musk’s buyout supply.
Elon Musk Optimistic About Mark Cuban’s Dogecoin Concept
Tesla CEO Elon Musk has been discussing on Twitter the way to resolve the platform’s spam bot drawback. He has promised to unravel the spam drawback “or die making an attempt.” Twitter agreed to promote the corporate to Musk for about $44 billion final week.
One suggestion got here from American billionaire entrepreneur Mark Cuban. He’s a star within the enterprise actuality tv sequence Shark Tank and the proprietor of the NBA crew Dallas Mavericks.
In a tweet early Sunday morning, Cuban steered that everybody places up one dogecoin (DOGE) for limitless posts on Twitter. If anybody flags a submit as spam and a human confirms that it’s, that individual will get the spammer’s DOGE. He additional defined that spammers should submit 100 occasions extra dogecoin. Nonetheless, if the submit shouldn’t be spam, the flagger loses his dogecoin.
On the time of writing, Cuban’s tweet has been preferred greater than 9K occasions. Dogecoin co-creator Billy Markus mentioned, “I like this.” Musk replied, “Not a nasty thought.”
Many dogecoin supporters suppose that Cuban’s suggestion is a good suggestion, noting that it is extremely bullish for DOGE. Nonetheless, some individuals are skeptical about its viability, with some questioning the requirement to begin paying for what’s presently a free service and forcing folks to make use of the meme cryptocurrency as collateral to stop spamming.
Some folks raised the difficulty of unscrupulous customers gaming the system for revenue. One Twitter person replied to Cuban: “Nah. You didn’t suppose this via. How do you take care of dishonest actors flagging spam that isn’t and people confirming it’s spam simply to get the ‘spammers’ canine coin?”
The Tesla boss has promised to make “important enhancements” to Twitter. He referred to as crypto spam bots the “single most annoying drawback on Twitter.” Previous to the social media large accepting his buyout supply, he mentioned if his Twitter bid succeeds, he “will defeat the spam bots or die making an attempt.”
Each Musk and Cuban have been pro-dogecoin. Musk is usually referred to as the Dogefather. In August final yr, the 2 mentioned that dogecoin is the “strongest” cryptocurrency for funds. Cuban’s NBA crew, the Dallas Mavericks, accepts DOGE for merchandise and the Shark Tank star has additionally been encouraging folks to get into crypto through dogecoin.
What do you consider Mark Cuban’s thought to make use of dogecoin to combat spam on Twitter? Tell us within the feedback part beneath.
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