Twitter CFO Ned Segal: The news came right after Elon Musk declared that their company has invested $1.5 billion in bitcoins.

https://twitter.com/SquawkCNBC/status/1359501275650547714?s=20

Twitter CFO Ned Segal, Twitter is also planning to invest a particular amount in Bitcoins and thus using the ever-rising value of bitcoin to pay salaries to their employees.

The Concept is very well based on economics and thus enables twitter to save a lot of money.

Even Though there are various upswings to the use of bitcoin as a currency, Bitcoin has always been under suspicion and is very well excluded from the main markets.

NewsBTC has reported that jack Dorsey has high hopes for cryptocurrencies and that one day it will be used as a mainstream payment method.

Even Though there are a lot of actual concerns surrounding the cryptocurrencies as knowing the actual recipient of the bitcoin is impossible to know, various scammers and fraudsters use bitcoin to make money through this online channel.

Earlier in mid of 2020, major Twitter accounts were hacked and were used to steal money from the noble users to which there’s still no explanation.

Apart from Tesla and Twitter, Mastercard is also planning to share the cryptocurrency bed with them.

MasterCard is in talks with various major banks all around the world to help them integrate various cryptocurrency options into their card. 

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