Elon Musk open to boosting X creator payouts under strict anti-abuse safeguards
Summary
Elon Musk has expressed support for increasing creator payouts on the X platform, contingent upon the rigorous enforcement of safeguards to prevent system manipulation or abuse. This statement was a direct response to a suggestion that X should offer higher compensation than YouTube to secure more original content creators. X is currently evolving into an 'everything app' and is developing features for in-app financial transactions, including a peer-to-peer payment system called X Money, developed in partnership with Visa. Although Musk has historically supported cryptocurrencies like Bitcoin and Dogecoin, the new financial services currently lack crypto integration, though users anticipate digital asset payments may be added later.
(Source:Crypto Briefing)