Elon Musk seems to be planning to get into the social media game to rival Twitter and other platforms. Since the crypto phenomenon is known to be a supporter of Dogecoin (DOGE), it was thought that meme coins could take place on this platform. Here are the details…
Will Dogecoin be used on Elon Musk’s new platform?
Tesla CEO Elon Musk said on Twitter that he is seriously considering developing a social media platform because Twitter is “not adhering to the ideal of freedom of expression.” According to Elon Musk, non-compliance with freedom of expression norms seriously harms democracy as Twitter functions as the de facto public square. Musk tweeted:
Do you need a new platform? Given that Twitter serves as a de facto public square, failure to adhere to the principles of freedom of expression fundamentally undermines democracy.
Elon Musk’s statements earlier in the week were “for a functioning democracy” It came after he stated that freedom of expression is important” and Twitter questioned whether it was “firmly adhering to this value”. As quoted by cryptokoin.com, the SEC informed a judge last week that even if a court cancels Musk’s 2018 deal with the SEC, his Tesla-related tweets will remain a valid subject for federal investigation.
Musk, arguing that the deal was used to “crush” his right to freedom of expression He wants the SEC to stop monitoring his Twitter tweets. He’s also asking the court to stop the SEC from subpoenaing records related to the investigation into his tweets. Under the SEC settlement agreement, the regulator will distribute funds from the company and Musk to investors who lost money by buying Tesla shares after Musk claimed on Twitter that he was considering going public.
Elon Musk’s idea of a social media platform
Today, responding to popular software developer Pranay Pathhole, Musk will “seriously consider” establishing his own platform in the field of social media, that is, place freedom of expression at his heart and He said it was apparently a platform to keep propaganda out.
Many users, because Twitter is a private company, pointed out that the principles of freedom of expression do not apply, just as a private organization has the right to set its own rules and to refuse entry or service on its own terms. But he responded by arguing that in the modern world, platforms like Twitter are the closest thing to public gathering places for people to discuss ideas. The fact that Musk has repeatedly stated that Twitter restricts freedom of expression suggests that a new social media network will be built to include Dogecoin.
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