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Twitter Blue subscription shake-up days after Musk revealed 9.2% Twitter stake

Twitter Blue subscription shake-up days after Musk revealed 9.2% Twitter stake

Twitter Blue is a monthly membership service that gives users exclusive access to premium services. Elon Musk, Twitter’s largest shareholder, proposed a number of modifications to the company’s Twitter Blue premium membership service on Saturday, including lowering the price, eliminating advertising, and accepting Dogecoin as payment.

Musk, who recently declared a 9.2% investment in Twitter, was given a position on its board of directors, causing concern among some Twitter workers about the future of content moderation.

Twitter Blue, announced in June 2021, promises “exclusive access to premium services” for a monthly membership. America, Canada, Australia, and New Zealand have it.

In a tweet, Tesla CEO Elon Musk proposed that users of Twitter Blue pay substantially less than the current $2.99 per month, obtain an authenticating checkmark, and pay in local currency.

“Price should be Rs2/month, but paid 12 months in advance & account is terminated without refund if used for scam/spam,” Musk tweeted.

“No advertisements,” Musk said. “If Twitter relies on advertising revenue to exist, companies have more ability to influence policy.”

Musk also advocated paying using dogecoin and polled Twitter users.

Twitter remained silent on Musk’s ideas.

It already allows users to tip content producers with bitcoin. Twitter said last year that it will handle non-fungible tokens (NFTs), which are digital assets like photographs or movies stored on a blockchain.

Musk recently posted a poll on his Twitter account, asking whether the company’s San Francisco headquarters should be turned into a homeless shelter since “no one comes up (to work)”. 300,000 votes in one hour, 90% yes.

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