Cryptocurrency’s Role in X
Will cryptocurrencies be included? Not likely, at least not while President Biden maintains strong pressure on crypto regulations. However, if Trump’s administration alleviates regulatory burdens, the scenario may shift. Imagine a scenario where users can directly purchase popular meme coins within the app—a possibility that Musk could easily implement.
Considering the potential enormous profits from transaction fees, Musk is likely motivated to pursue this avenue. With cryptocurrency ETFs already entering U.S. stock markets, the launch of payment services at X could be just around the corner.