The post Why Partnering with XRP Could Be a Smart Move for Elon Musk appeared on BitcoinEthereumNews.com.

Crypto investor and innovator Mason Versluis says that it would be a smart move for Elon Musk to integrate XRP and XRPL into X. With microtransactions, more content creators could be empowered to make content for which users can pay micropayments Elon Musk has been flirting with the idea of integrating blockchain technology and crypto payments into X since he took over the social media platform. He has indicated that Dogecoin could be first in line for X payments, and his other company, Tesla, has previously invested in Bitcoin. However, according to one market expert, it would be a smart move for Elon if he integrated XRP and the XRP Ledger into X. The first reason XRP is the best option is the low fees, says Mason Versluis, the founder of trading resources platform Paytience Indicators and Gold Squad, a crypto transformation community. Why Elon Musk Should Partner With $XRP pic.twitter.com/FucZR4yUbL — MASON VERSLUIS (@MasonVersluis) September 10, 2024 Mason noted that it costs pennies to send XRP, which makes it a much better option for a mass-market application where microtransactions would be the norm. This would allow X users to even send cents, which is not possible on Ethereum, Microtransactions could be a godsend for Twitter. Musk has been working to position the platform as more than just a social media platform, expanding into video and written content. Today, thousands of creators make content specifically for X, including newsletters, podcasts, and videos. Tucker Carlson is one of the best examples of this shift; last year, he launched a show exclusively on X, with Musk among his first interviewees. With microtransactions, more content creators could be empowered to make content for which users can pay micropayments. For instance, you could pay 50 cents worth of XRP to access an article by…

---

Filed under: News - @ September 13, 2024 12:25 pm