Tesla CEO Elon Musk has slammed Twitter’s new avatar NFT integration feature
According to Musk, the social media giant is wasting recources on unimportant things
Others in the crypto and blockchain industry agree with Musks
YEREVAN (CoinChapter.com)- Twitter’s latest feature, which allows users to update their profile picture using an NFT from their collection, is appealing to everyone. However, while the blockchain community has welcomed the change, the feature has drawn some criticism. Leading the list of unhappy Twitter users is none other than Elon Musk.
The Tesla CEO has slammed Twitter’s latest development, terming it an unnecessary feature to bring to the social media giant. Musk was blunt in his criticism and did not bother to mince his words.
Sounding rattled, he went as far as calling the NFT integration a “bulls**t.”
The self-styled Dogefather even posted a screenshot of the feature on his Twitter handle and slammed the company for wasting resources on unimportant things.
“Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread!?”
he slammed.
Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread!?
Elon Musk, one of the biggest movers in the digital assets space, is not alone in his criticism. Twitter was not using its resources to fight crypto scammers that irked the SpaceX founder. However, after slamming Twitter on their platform, other known faces in the industry joined him.
“Finally, it was about time someone large started to mention this,”
crypto analyst and founder of Consultancy & Educational Platform Eight Michaël van de Poppe said.
MicroStrategy founder Michael Saylor also pitched in with his two cents. According to Saylor, solving the scammer malice is a matter of will. However, should Twitter decide to take certain steps, it can end it.
“Twitter can solve the problem of scammers & spambots if they allow real humans to post ~50,000 sats ($20) via Lightning& get verified w/an Orange Check. Then we can limit comments/DMs to verified accounts. Bad actors forfeit their security deposit & Twitter monetizes malice,”
he wrote as a reply to Elon Musk.
Twitter can solve the problem of scammers & spambots if they allow real humans to post ~50,000 sats ($20) via Lightning⚡️& get verified w/an Orange Check. Then we can limit comments/DMs to verified accounts. Bad actors forfeit their security deposit & @Twitter monetizes malice.
In addition, Saylor wants Twitter to use Bitcoin (BTC) as cybersecurity deposits attached to real accounts on major social media platforms, giving everyone the ability to get verified in minutes for a few dollars. He believes fake accounts that scam people can be checked this way.
We don’t want to limit this to just verified collections, that would be wrong, and non supportive of the broader nft movement. Anyone SHOULD be able to mint anything and make it their nft.
We do show if a collection is verified in the detail page though!
Other users have also found an obvious loophole in Twitter’s NFT verification feature. One of the most important qualities that users welcomed was that the new feature enabled owners to prove ownership of an NFT. However, while it may limit ‘right click savers’ from using someone else’s NFT, it does not solve the problem entirely.
Anyone can still use someone else’s NFT to mint and use as a verified profile picture, as collector Adam Hollander pointed out.
Yerevan-based Editor and writer focusing on topics about cryptocurrencies, NFTs, politics, and international relations. Having completed his Bachelor's and Master's degrees from Delhi's Jawaharlal Nehru University, he currently works as a reporter at CoinChapter.
Contact: [email protected]
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