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Elon Musk Buys Twitter. Great for DOGE SHIB and All Crypto But Even Better For Free Speech

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(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

So we cannot avoid the elephant in the room when we talk about what it means for crypto, particularly DOGE as Elon Musk, the DOGEFATHER, becomes the owner of Twitter. However, we also have to acknowledge what it means for the rest of the crypto space as well.

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Elon Musk has always been an advocate for entrepreneurs. His dedication to projects is quite breathtaking. Whether you agree with him or not his drive and determination for things he believes in are unsurpassed. He has a passion for crypto as well. Once said “Bitcoin’s structure is very ingenious. The paper money disappears, and crypto-currencies are a much better way to transfer values than a piece of paper, that’s for sure.”

Once the smoke clears from the purchase it is possible to see a bull run not just for Bitcoin and DogeCoin, but for many other coins such as Shiba Inu, Ethereum, and others. Trends of bull markets tend to follow the leader and that leader is Bitcoin.

Another plus side of the acquisition of Twitter by Musk is his belief in free speech. He has always been a champion of it and has never backed down from a fight. In his latest tweet, Elon Musk says”Free Speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated. I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spambots, and authenticating all humans. Twitter has tremendous potential and I look forward to working with the company and the community of users to unlock it.”

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We know that the Doge community is thrilled about the future of Twitter but many in the Shib Army are delighted as well. Rockstar Shib Army member Shib Knight posted right as the deal was sealed. He like many others is delighted about the fact that even though Musk is a Billionaire he has always reached out to the community and never hid in the Shadows.

So between his promises of getting rid of spambots, having more features, letting the public see the algorithm, and being an avid supporter of crypto and free speech, it will be amazing to see how Twitter transforms into the most powerful “Digital Time Square” for years to come.

 

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