Elon Musk Suggests Imposing a Small Monthly Fee on All X Users

Elon Musk recently hinted at introducing a nominal monthly fee for X, formerly known as Twitter, sparking worldwide conversations and mixed opinions.

Are all users going to be charged, or is this just another rumor?

Our in-depth article explores the facts, public reaction, and the potential impact of such a move, especially in combating malicious bots. Stay tuned for more details.

The Potential Introduction of "Low-Cost Plans" to X

Elon Musk, the owner of X (formerly known as Twitter), has caught the public's attention with his statement that the platform is considering implementing "a nominal monthly fee."

"The single-most important reason we're moving to having a small monthly payment for use of the X system is it's the only way I can think of to combat vast armies of bots." he said.

This statement was made during a live-streamed conversation with Israeli Prime Minister Benjamin Netanyahu on September 18, 2023. Reports have since emerged, claiming that "all X users will be required to pay a small monthly fee."

However, in response to this news, which has triggered global discussions about "Twitter becoming a paid service," some experts point out that the plan is to "introduce a low-cost plan for premium members, not to charge all users."

Public Opinion Divided: Hoax or Reality?

Opinions are divided on whether "X will demand a fee from all its users." While some say this is a hoax, most media outlets are reporting that "X is moving towards requiring all users to pay a monthly fee" as of the time this article was written.

If the proposed "low-cost monthly subscription" is implemented, bots will find it more challenging to create accounts, as they would need to register new credit cards, which is considered a promising development.

Addressing Malicious Bots Through Low-Cost Subscription Plans

The introduction of low-cost subscription plans aims to combat the multitude of bots on the platform. By making it more expensive to operate bots on X, it's expected to prevent the spread of false information and hate speech.

Although the rates for these low-cost plans haven't been disclosed yet, they are said to be more affordable than the existing subscription plans. Also, the actual date of introduction remains unclear.

Elon Musk has previously proposed various ideas like "removing the blocking feature," but not all have been implemented. Therefore, it's still uncertain whether the low-cost plans will actually be introduced.

However, as X is widely used within the cryptocurrency community, further developments will be closely watched.

Currently, scams like "using bots to guide users to fraudulent cryptocurrency websites and accounts" are rampant, so an effective countermeasure could potentially reduce such fraudulent activities.