- Ethereum founder Vitalik Buterin believes that Twitter headquarters should be moved to Switzerland.
- Buterin’s comments came barely hours after Elon Musk formally took over the social media platform.
- Elon Musk has been in the news following his $44 billion purchase.
- Musk’s influence on crypto was reflected by DOGE’s price hike following the takeover.
After six months of negotiation and legal complications, Elon Musk finally took over Twitter earlier today. The event marked a significant milestone, not just for the social media platform, but for the business community as a whole. This landmark event has attracted comments from various parts of the industry, including the crypto space.
Since the takeover, the social media platform has announced some key upgrades for the platform, including a blockchain feature for non-fungible tokens, which will be known as NFT Tweet Tiles.
Musk also announced the formation of a “content moderation council” which will be made up of members with diverse viewpoints. This council will be responsible for all matters related to content decisions, account bans, reinstatements, etc.
Vitalik Buterin Pitches Switzerland for Twitter HQ
Barely hours after the world’s richest man formally took over the social media platform, Ethereum founder Vitalik Buterin tweeted his thoughts on the next steps for the company’s top management.
Responding to a fellow user’s opinion on the firm’s headquarters, Vitalik Buterin expressed that he always thought Twitter should be headquartered in Switzerland. His followers wasted no time in speculating the reason for this tweet, with some citing the lax taxation in Switzerland, while others suggested its political neutrality as a potential factor. Fellow Twitter users chimed in with their own destinations for the company’s HQ, and suggested countries, including Singapore, Canada etc.
The DOGE angle
Twitter users have speculated that Dogecoin may become the social media platform’s official currency. A new trend on the social media site has users urging Musk to replace the company’s logo bird with the DOGE dog.
Data from CoinMarketCap shows that DOGE has gone up almost 12% in the past 24 hours, thanks to the speculation stemming from Musk’s takeover.
Cardano founder Charles Hoskinson went as far as saying that with Musk at its helm, Dogecoin will somehow merge with the platform. Hoskinson has even suggested that DOGE be converted to a Cardano sidechain, and has offered free migration for the same.