CZ, Elon, Paul Graham

Binance CEO Changpeng Zhao (CZ) has proposed a possible solution to Elon Musk to help rid Twitter of ubiquitous bot accounts. CZ’s idea aligns with integrating cryptocurrency payments into the social media platform.

A unique value of Twitter is how the platform enables users to catch glimpses of spontaneous interactions among disparate thought leaders and celebrities, like being fellow guests at a blue bird-themed cocktail party.

When CZ made his proposal to Musk, for example, he was actually sliding into a conversation between the Twitter CEO and famed computer scientist and venture capitalist Paul Graham.

Graham had made a comment about how Twitter’s removal of the original blue checks showed how many accounts were paying for them. Musk replied that he would pay for Graham’s blue check.

Graham thanked Elon and, in turn, said he would pass on the gesture by paying for 10 blue check marks for accounts he likes.

Cutting in, CZ suggested adding a feature to Twitter where users could have the option of charging a certain fee in order for non-followers to comment on their posts. He said that would generate revenue for users and Twitter, while creating a cost hurdle for bots.

CZ said the option “can easily be implemented with crypto.”

Musk, of course, is a leading proponent of (and oftentimes market mover in) crypto and even recently swapped out the Twitter bird logo with the Doge symbol.

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Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.

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