It’s all over the news by now about the world’s richest man, Elon Musk offering to acquire the whole of Twitter for $54.20 per share which amounts to a total of about $43 billion on Thursday morning. Elon Musk has further clarified that he has some very specific changes in his mind for Twitter which he would like to implement once he can acquire it. He stated that Twitter has become a de facto town square nowadays. Hence, he states that people must have a sense of reality, perception and security here that they can speak freely without the inference of any private authority suppressing their ability for free speech.

Musk further added by stating he would like the Twitter source code to be open-sourced and be available on Github for the public to view with the main agenda of promoting transparency. He further said that he is even planning to add an edit button feature to Tweets and even ended up doing a Twitter poll regarding this.

However, some were found not to be happy with Elon Musk’s Tweets about wholely acquiring Twitter.

First of all, the Twitter board itself reiterated Elon Musk’s offer of selling Twitter to Elon Musk.

Secondly, Saudi Prince Alwaleed bin Talal, who is a major shareholder of Twitter also reiterated back at Musk’s offer by openly refusing it.

Thirdly, to everyone’s surprise, even one of Dogecoin’s co-founders, Jackson Palmer objected to this.

What are Jackson Palmer’s thoughts regarding Musk’s offer to fully take over Twitter?

One of Dogecoin’s creators, Jack Palmer openly stated his displeasure upon hearing the news about Elon Musk wanting to takeover the whole of Twitter. He openly Tweeted that:

He clearly states that it’s highly unlikely that Elon Musk would stay true to his words of making Twitter a place for free speech and further added that Elon Musk has been one of the most vocal Dogecoin cheerleaders, since 2019 via the Twitter platform. He has used the platform over and over to move the price needle of Dogecoin which was created as a meme to mock the crypto domain. He made the token pump up severely which in return served his agenda and currently, Twitter is one of the key social media platforms used by the whole crypto realm. Further, the popular platform also holds a key influence throughout the world. So, Palmer suspects that he must have some hidden agenda that would serve him more in acquiring Twitter that doesn’t meet the eye.

Palmer further adds that he has researched deeply into the world of crypto and has come to the conclusion that it is a place for right-wingers with hyper-capitalistic technology having the sole purpose of channelling and amplifying the money to the proponents with the added benefits of tax avoidance, diminished regulatory oversight, to help them to do anything with the funds including criminal activities and also a place were artificial scarcity can be created at will to pump the price of a non-realistic currency, all of which can be related to Elon Musk.

Well, after receiving all the negative responses from such notable people and mainly the Twitter board, Elon Musk ended by replying that if he is unable to acquire Twitter straightforwardly then he has a Plan B up his sleeves which he would disclose if the time comes for it.

That will be all for now folks. Make sure to subscribe to our newsletter to receive weekly updates on all kinds of interesting topics.


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