.elonmusk's deal to purchase Twitter has finally closed following a lengthy back-and-forth between the two sides, CNBC reported. mikeybellusci reports.
Overall, Musk's takeover is being touted as a win for the crypto community."In the last few years, Elon has been very vocal about his stance on crypto and blockchain. Musk understands Web3 and understands the potential of blockchain technology which will be instrumental in propelling adoption forward," Ben Weiss, CEO of Bitcoin ATM company CoinFlip, told CoinDesk.
"Decentralization is a real possibility for Twitter," Weiss also noted."In recent years, shutdowns and bans have become more prevalent. Regardless of your stance on the matter, decentralization takes the power away from corporations and gives it back to users."