Intrigue is swirling after X's inaugural Client Council event provided insight into the platform's ambitions to evolve into "The Everything App," with many in crypto circles dissecting hints about potential peer-to-peer payment options.
While details remain scarce, the event spotlighted X's vision for enhanced features like video calling and sparked rumors that crypto transaction capabilities could emerge.
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CEO Linda Yaccarino presided over the Client Council, which drew leadership from major firms. This event enabled the X team to present future enhancements, such as potential payment solutions and video-calling functionalities.
X was granted a license required for cryptocurrency dealings in August, instigating gossip that the platform might soon greenlight crypto transactions.
After Elon Musk's $44 billion acquisition in October 2022, X has witnessed significant alterations. The company transitioned from Twitter to X, representing it as more than a simple "tweet" platform.
Musk has been outspoken about his enthusiasm for cryptocurrencies, particularly Dogecoin. While he has hinted at Dogecoin integrations on X, no concrete plans have been announced.
The company had formerly facilitated users in adding Bitcoin and Ethereum addresses for tip reception but didn't deliver substantial cryptocurrency payment functionalities.
With X now possessing the required licensing for crypto transactions, many in the tech community are eagerly anticipating peer-to-peer crypto payments on the platform. However, X has not confirmed if or when this feature will launch.
After surging to a September high of $27,497 earlier in the week, Bitcoin has pulled back
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