Shark Tank star Mark Cuban has provide you with a means to clear up Twitter’s spam downside utilizing the meme cryptocurrency dogecoin (DOGE). Tesla and Spacex CEO Elon Musk agrees that it’s “not a bad idea.” Twitter just lately accepted Musk’s buyout provide.
Elon Musk Optimistic About Mark Cuban’s Dogecoin Idea
Tesla CEO Elon Musk has been discussing on Twitter how to clear up the platform’s spam bot downside. He has promised to clear up the spam downside “or die trying.” 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 is a star within the enterprise actuality tv sequence Shark Tank and the proprietor of the NBA group Dallas Mavericks.
In a tweet early Sunday morning, Cuban advised 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 have to submit 100 occasions extra dogecoin. However, if the submit will not be spam, the flagger loses his dogecoin.
At the time of writing, Cuban’s tweet has been favored greater than 9K occasions. Dogecoin co-creator Billy Markus stated, “I like this.” Musk replied, “Not a bad idea.”
Many dogecoin supporters suppose that Cuban’s suggestion is a good suggestion, noting that it is extremely bullish for DOGE. However, some individuals are skeptical about its viability, with some questioning the requirement to begin paying for what’s at the moment a free service and forcing folks to use the meme cryptocurrency as collateral to forestall spamming.
Some folks raised the difficulty of unscrupulous customers gaming the system for revenue. One Twitter consumer replied to Cuban: “Nah. You didn’t think this through. How do you deal with dishonest actors flagging spam that isn’t and humans confirming it is spam just to get the ‘spammers’ dog coin?”
The Tesla boss has promised to make “significant improvements” to Twitter. He known as crypto spam bots the “single most annoying problem on Twitter.” Prior to the social media big accepting his buyout provide, he stated if his Twitter bid succeeds, he “will defeat the spam bots or die trying.”
Both Musk and Cuban have been pro-dogecoin. Musk is usually known as the Dogefather. In August final 12 months, the 2 stated that dogecoin is the “strongest” cryptocurrency for funds. Cuban’s NBA group, 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 concentrate on Mark Cuban’s concept to use dogecoin to battle spam on Twitter? Let us know within the feedback part under.
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