Under the new third-party social media privacy policy of Twitter, the crypto sector may face a significant negative impact in future.
Twitter is now a private company under the ownership of Tesla CEO Elon Musk. Musk is now CEO of Twitter and in the last two months of the time frame, he introduced many changes in the backend algorithm of the Twitter social media platform. Also shortly he will bring huge numbers of features, to enhance the user experience.
Recently Twitter updated its third-party social media platform promotional policy, under which no one Twitter user will be able to attach a link to any other third-party social media profile in his bio, and also users will not be able to write follow him @username on ABC social platforms. In short, Twitter CEO aimed to restrict the users to remain within the Twitter ecosystem instead to bring any interaction with other social media platforms.
Goldstein Media founder & Crypto influencer David Gokhshtein talked about this thing and said that he enjoyed the majority of the changes that have been done by Musk but now this is not a good decision.
Musk is a fan of Dogecoin and he holds Bitcoin (BTC), Ethereum (ETH) & Dogecoin (Doge) in his portfolio. So there are possibilities that he may bring supportive features for these three crypto assets and may not allow other cryptocurrencies accessibility on Twitter.
In near future, Twitter will bring huge numbers of payment features including crypto supported payment features, where Dogecoin may get the best support but it will be interesting to see if any other cryptocurrencies will get any kind of support from the side of Twitter or not.
Read also: CZ believes FUD about Binance may not go forever
Twitter’s new promotion policy may cause pain in heart of the crypto space
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https://bitcoinik.com/twitters-new-promotion-policy-may-cause-pain-in-heart-of-the-crypto-space/feed/
