Elon Musk Completes Twitter Acquisition, Crypto Community Reacts

Crypto community reacts to Musk’s dramatic Twitter takeover

Elon Musk completed a dramatic Twitter acquisition yesterday and fired top executives, including CEO Parag Agarwal.

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Crypto community reacted mostly positively to the news. Musk had promised crypto plans for Twitter’s future.

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Binance CEO, investor in the Twitter deal, said, “We’re excited to be able to help Elon realize a new vision for Twitter.”

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Dogecoin creator Billy Marcus joked, “why are people worried that elon is gonna make twitter worse, anyway? this place was already a hellish cesspool.”

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Many have expressed fear that Musk’s takeover of Twitter could fuel hate speech on the platform given Musk’s personal political ideology.

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The tech billionaire had previously openly supported the Republican party.

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Musk also plans to reinstate lifetime bans on Trump and other accounts.

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