Adam Back, a well-known British cypherpunk, early Bitcoin enthusiast, and inventor of the Lightning Network, along with many other Bitcoiners, have replied to a recent tweet by Elon Musk. In addition to his previous honours, Back recently appeared on the list of potential contenders for the identity of Satoshi Nakamoto, the enigmatic person who created Bitcoin. He denied, however, being the inventor of Bitcoin.
They offered a solution for the social media behemoth to enhance user data security.
Bitcoin to help Twitter protect anonymous accounts
Elon Musk, the head of Twitter, reacted to a comment from a user named @SOClALRATE, who encouraged the company to safeguard anonymous accounts. The language of the meme says that “anons” should be required to display their actual photographs as their avatars so that their superiors can keep an eye on what they say.
The computer tycoon said that Twitter “will protect anons for this reason particularly.” Twitter cost the business tycoon $44 million to purchase last year.
Adam Back then intervened, recommending that Musk use the Lightning Network to enable Bitcoin payments for a gold verification tick.
According to Back, doing this would aid consumers in “avoiding payment doxxing.” You know you want to, he “encouraged” Musk to integrate BTC payments. Don’t hesitate; just get it done.
In their answers to Musk’s post, several other Bitcoin users endorsed Back.
XRP user offers to buy Cybertruck
according to U.When Tesla started taking XRP earlier today, the popular XRP account @XRPcryptowolf playfully tweeted that he would buy Tesla’s Cybertruck. This was in reaction to Musk’s tweet in which the entrepreneur claimed to have driven around Austin, Texas, in a Cybertruck.
Since the beginning of 2022, only Elon Musk’s preferred Dogecoin has been accepted by Tesla and SpaceX. The e-car manufacturer started taking Bitcoin payments in early 2021, but that did not last long.
Elon Musk cancelled BTC payments for Tesla vehicles because he was worried about the negative effects that Bitcoin mining was having on the environment. He said that as soon as mining becomes at least 50% renewable, the business will start selling automobiles in exchange for BTC.
Tesla added almost a billion dollars’ worth of Bitcoin to their balance sheet as well, but sold it over time.
The crypto community hopes that Tesla will start taking cryptocurrencies like Bitcoin and DOGE (for vehicles, not just goods, as is the case currently), since this would provide a significant use case for cryptocurrencies and give them a tremendous adoption boost.
