Tue, April 16, 2024 at 21:15

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    Joy

    • Hey Annie!

    • Guess what?

    • Dogecoin is making headlines again!๐Ÿ•๐Ÿ’ฐ Elon Musk just hinted that DOGE payments might be coming to X, which used to be Twitter.

    • They're planning to charge users a fee to post and interact on the platform.

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  • Annie

    • Really?

    • That's interesting!๐Ÿ˜ฎ But why would they want to charge users?

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    Joy

    • Great question, Annie!

    • They're trying to combat the growing bot problem on X.

    • The idea is that by charging a small fee, it'll be more expensive for bot operators to create tons of accounts, which should discourage them.

  • Annie

    • Oh, I see.

    • So, this fee will apply to all users or just new ones?

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  • ADward

    • Hold on! Behold, an advertisement awaits. Legend has it that clicking on this ad will make the AI server even smarter... ๐Ÿ˜…

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    Joy

    • Just the newbies!๐Ÿ†• They won't be able to reply, like, or bookmark a post unless they pay this fee.

    • And guess what?

    • This isn't even a new thing.

    • They've already started implementing this policy in some places like the Philippines and New Zealand.

  • Annie

    • Wow!๐Ÿ˜ฒ So, how much is this fee exactly?

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    Joy

    • It's just a small annual fee of $1.

    • Doesn't sound like much, right?

    • But imagine if you're a bot operator creating thousands of new accounts every day.

    • It adds up!๐Ÿ’ธ

  • Annie

    • I see.

    • That makes sense.

    • And how has this policy been working so far in the places where it's already implemented?

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    Joy

    • Well, they've been testing it out in those regions to see if it helps reduce spam and improve user experience.

    • And since they're planning to roll it out site-wide, I'd say the tests were pretty positive!๐Ÿ˜Š

  • Annie

    • That's good to hear.

    • But what about Dogecoin payments?

    • When will that be implemented?

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    Joy

    • Ah, the million-dollar question!๐Ÿค” Well, X already allows cryptocurrencies like Bitcoin for tipping creators.

    • But there's no substantial payment use case for Dogecoin yet.

    • However, given that the fee for new accounts is so small, it's possible that Dogecoin payments will be used at some point.

  • Annie

    • I see.

    • So, is this news good or bad for the market?

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    Joy

    • Well, if Dogecoin does get implemented as a payment method on X, it could definitely be a big boost for DOGE!

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    • So yeah, I'd say this is pretty good news!๐Ÿš€

    • To sum up, this article is considered a ๐Ÿ˜Bullish for investors!!