According to popular crypto analyst CryptosRUs, Tesla and Twitter CEO Elon Musk could have major initiatives involving cryptocurrencies coming in 2024.
In a livestream on Oct. 27th, CryptosRUs speculated that Musk is planning to transform Twitter into a “financial app” that could replace traditional banking and integrate crypto capabilities.
Most of the speculation is based on an recent interview published by The Verge.
Elon just conducted an interview where he’s talking about making X a financial app by 2024.
And he’s talking about it like this will replace everything, everything. He’s talking about fiat. He’s talking about securities and even crypto. Basically, he wants to make X the sole app for all things financial.
The analyst believes Musk wants to fulfill the original vision he had for PayPal before it was acquired by eBay. By integrating crypto into Twitter’s platform, Musk could attempt to disrupt the traditional finance sector.