The announcement prompted a range of responses, from enthusiasts welcoming the move to others expressing worries about increasing reliance on technology. Notable figures in the crypto space, like Lark Davis, contemplated following suit, while XRP supporters probed Musk about the possibility of integrating XRP as a payment method on the platform. Users also raised questions about the mandatory removal of phone numbers from X accounts.
Elon Musk's decision has the potential to attract a surge of users to the X platform, positioning it as a leading app for communication. However, concerns arise about the broader impact of technology's growing dominance in people's lives. If Musk's trend gains traction, traditional cell service providers may face significant financial challenges in the future. This move reflects a substantial step towards the digitized future envisioned by many cryptocurrency enthusiasts.
In a related context, earlier in the week, Elon Musk responded to media predictions of his companies' collapse, highlighting the recurring nature of such claims. Digital currency advisor Gabor Gurbacs drew a parallel with Bitcoin, emphasizing its resilience despite being declared "dead" over 400 times, reinforcing the theme of endurance in the face of skepticism.