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Elon Musk’s Vision for X as a Super App: The Integration of Crypto Payments
Elon Musk’s ambition to transform X, formerly Twitter, into a comprehensive "super app" continues to generate buzz in the tech and finance sectors. Anthony Scaramucci, founder of SkyBridge Capital, posits that the integration of cryptocurrency payments will play a significant role in this evolution.
In a recent interview with Saxo Bank, Scaramucci expressed his belief in the imminent adoption of crypto payments within X. He highlighted Musk’s vision of creating a unified application that would amalgamate various services—from social media and messaging to banking and e-commerce—essentially simplifying digital interactions for users.
Musk himself has previously suggested that this "everything app" would supplant many existing platforms, including popular services like YouTube and LinkedIn, while potentially even offering dating features and traditional banking services. "We’re rapidly transforming the company from what it was, Twitter 1.0, to the everything app," Musk stated, indicating the significant changes underway.
The Path to Integration: X and Visa
A noteworthy development in this journey occurred with the announcement of a partnership between X and Visa in early 2025. This collaboration will enable secure and immediate funding to the X Wallet through Visa Direct, thus laying foundational infrastructure for the integration of payment systems within X.
Scaramucci speculated that while the specific cryptocurrency to be used has yet to be confirmed, it is likely that Musk will implement some form of digital currency—whether it be a new token, a stablecoin, or other established cryptocurrencies. As he noted, "Will it be his own coin… or will it be a stablecoin? It will be something."
The Cryptocurrency Factor
Musk’s keen interest in cryptocurrency, particularly Bitcoin and Dogecoin, adds another layer of intrigue to his plans for X. Tesla currently holds a substantial amount of Bitcoin, totalling 11,509 BTC, valued at over US$1.09 billion (approximately AU$1.7 billion). Additionally, Musk himself is a known proponent of Dogecoin, which he actively holds.
Speculatively, Musk has remarked that by 2029, humans might be using cryptocurrencies like Bitcoin for transactions on Mars—an ambitious and futuristic vision that could see X pioneering digital currency on another planet. As we move closer to that date, many are left to ponder the potential realities of such a scenario.
Conclusion
In summation, as X evolves into a multifunctional super app, the integration of cryptocurrency appears inevitable. With partnerships like that of Visa and visionary statements made by Musk, the prospect of using cryptocurrencies within X is not just a pipe dream but an imminent reality. As developments unfold, users eagerly await to see how this integration transforms the way they interact with digital finance and social media. The next few years will be crucial in determining whether Musk’s promises translate into concrete outcomes or remain aspirational visions.
