Breaking: Elon Musk Officially Finalizes Twitter Blue Subscription At $8

Anvesh Reddy
November 1, 2022 Updated November 2, 2022
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After witnessing a lash out from the Twitter community, the platform’s new owner Elon Musk now made it official to offer Blue subscription at $8 per month. In what appears to be a pricing applicable for U.S. based users, Musk said the $8 will however be adjusted for various countries based on purchasing power parity. “Price adjusted by country proportionate to purchasing power parity,” he added.

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The All New Twitter Blue – Features

In line with Elon Musk’s vision to make it a level playing field for all users, the social media company is proposing to bring in a new policy. An important aspect is that Twitter Blue subscribers will get only half as many advertisements compared to non-subscribers. The Blue subscribers will also get priority in replies, mentions and search. This move could be key in eradicating spam and scam related content on the platform. Also, the subscribers will be given access to post long video and audio content on Twitter.

The Twitter owner said in a tweet:

“Twitter’s current lords & peasants system for who has or doesn’t have a blue checkmark is bullshit. Power to the people! Blue for $8/month.”

Also, publishers who intend to work with Twitter will be able to bypass the paywall, thanks to Twitter Blue. Musk suggested that the revamped Twitter blue checkmark policy should be transparent and fair. In his vision statement after taking charge at Twitter, he stated that he wants the platform to be a fair and reliable place.

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Revenue To Reward Creators

Musk indicated that the objective of charging Twitter Blue subscription fees is to create a revenue stream. Through the Twitter Blue program, the social media platform would gain revenue which in turn could be awarded to support content creators, he explained. “This will also give Twitter a revenue stream to reward content creators.” Musk said it is “absolutely essential to incentivize content creation”. Creators need to make a living, he added.

He also indicated that the subscription fee program would resolve most of the spam and bots issue on the platform. Reacting to a tweet that said the $8 fee could solve most of the bot and impersonation problem, Musk replied, “exactly.”

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Payments On Twitter In Crypto

In one of the earliest signs of confirmation on cryptocurrency based payments on Twitter, Elon Musk gave a hint. When a user asked Musk about the possibility of payment in crypto on the platform, he did not reply but he did like the tweet. “Sounds great. Payment in crypto?” the tweet read. This hint from Elon Musk reinforces claims of Dogecoin (DOGE) payments on Twitter.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at [email protected] or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.