Dogecoin jumps after Elon Musk shares glimpse into Twitter 2.0 plans

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Dogecoin jumps after Elon Musk shares glimpse into Twitter 2.0 plans
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  • 📰 Cointelegraph
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Twitter CEO Elon Musk has shared plans for “Twitter 2.0,” including hints of a new payment system, leading to a 19.4% price surge in DOGE.

Lior Yaffe, the co-founder of Switzerland-based blockchain software company Jelurida recently told Cointelegraph that even“Even if they do manage to build a payment system around Twitter, there are much better blockchain solutions than Dogecoin to choose from with regards to security, privacy, smart contracts and scaling.”

Daniel Elsawey, CEO and co-founder of decentralized exchange TideFi also recently told Cointelegraph that while the integration is possible, its utility on Twitter would be strictly limited to payments: “Given that DOGE cannot directly interact with smart contracts as part of its original design, I would say that unless it’s specifically used as an option for payment, the use cases associated will continue to remain speculative.”

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