[47628] The monetization storm on X and Elon Musk's criticism of the crypto world
[47628] The monetization storm on X and Elon Musk's criticism of the crypto world
Reports on the impact to content creator MrBeast's monetization on the X platform, alongside claims that Elon Musk is speaking out against digital currency projects.
Turmoil on the network: Monetization suspension and speculation surrounding the crypto market
In the last 24 hours, two significant developments regarding the X platform (formerly Twitter) and Elon Musk have made headlines. According to a report by social media star MrBeast, his account lost its monetization for the current cycle as a penalty for what was defined as “engagement farming” (according to MrBeast). The event sparked a lively discussion among his followers, with users like Benjinku criticizing the platform's changing policies.
At the same time, a debate has arisen regarding Elon Musk's stance toward the digital currency market. The account GovH8sYou claimed that Musk stated that "most crypto projects are actually scams" (according to GovH8sYou). This source, which takes a critical line toward government institutions and figures of power, claims that the motive behind Musk's words is market manipulation, aiming to cause investors to sell their assets so that he can purchase them at a lower price.
While the report on MrBeast's monetization focuses on behavioral techniques within the platform, the claims against Musk reflect the distrust some elements in the digital market have toward the billionaire's statements. Both issues highlight the ongoing tension between the X network and the content creators and investors operating within it.