Elon Musk has indicated that X, formerly known as Twitter, is preparing to charge all users for accessing the platform.
The X owner said erecting a paywall around the business would ward off the bots, or automated accounts, that have become a bugbear for Musk.
Speaking in a meeting with Benjamin Netanyahu, the Israeli prime minister, the Tesla CEO and world’s richest person suggested that X was going to charge its user base. Currently, Twitter only charges users for its subscription service X Premium, which offers perks such as a verified account checkmark and costs $11 a month in the US for iPhones and £11 in the UK.
what is this clickbait bullshit??? I’ve seen multiple articles yet the wording is always ‘floated the idea’, but from the headline you could infer it’s an official announcement.
fuck modern ‘journalism’
Let me guess. Paying a subscription will not mean the end of ads.
I have been wondering for a while what he would have to do to finally crash twitter, I think this may be it.
No, but it will be the end of his advertising revenue. Does that count?
It’s surprising that in all these years, nobody came up with this innovation to make Twitter more profitable but in just a short time period, Musk was able to figure it out. Goes to show why he’s the richest man in the world!
Yep, this is the final nail in the coffin. Most people will just stop. Good job boosting the Mastodon community, Moron Musk.
I’m convinced he’s ruining Twitter on purpose. He’s still pissed he was forced into buying it.
I like the theory that he’s killing it to prevent us peons from organizing politically.
I think you’re right but I don’t like it.
It’ll only work if you kill Facebook, c’mon Elon I don’t think you have the balls
It’s an interesting thought, but he misses the #1 problem with online subscriptions- sign-up friction.
If you could just push a button and instantly be charged something, an awful lot of people would do it.
But when you go from $0 to $0.01, you will lose 99% of people, because most people can’t be bothered to fill out a form, put in their credit card number, etc. Even if the amount of money involved is absurdly small, it’s not the price, it’s the friction.Now if he integrates the app with Apple Pay or Google Wallet that will help, a little. But only a little.
PayPal? Venmo? Just as ubiquitous and already part of his vertical integration.
Assuming the cost is stupid low like a $1/year, low enough that almost nobody will think ‘is this really worth it?’-- every required click or tap after hitting ‘subscribe now’ costs you 25-50% of the people who are still there.
Make it 1 penny for a lifetime subscription. Just having to thumbprint for Google Pay will still cost you 25-50% of the people who hit subscribe. Make it a credit card form with card/exp/cvv/address/tel# and your purchase rate is down to maybe 1% of the people who hit subscribe.
I think it’s bigger news that that fuck is meeting with that other fuck Netanyahu. What the fuck business do those two fascist scum have with each other?
Asking the real questions here.
deleted by creator
Over on Mastodon: brace for impact!
I’ll stick with lemmy and kbin. Mastodon sucks.
Well muskrat, you’d have to pay me to go back on Twitter so good luck with that.
Who gives a shit
The X owner said erecting a paywall around the business would ward off the bots, or automated accounts, that have become a bugbear for Musk.
Idiot manchild proudly breaks something he knows nothing about, complains when it doesn’t work as expected, news at eleven.
When Elon realizes nobody wants to pay to listen to Elon, will he rollback the changes or start posting on Threads?
Well, if that doesn’t kill the site, I genuinely don’t know what will.
Oh hell yeah
ngl I totally support this decision
Would be cool if he did. One last flurry of articles about Twitter folding and then nothing. That would be great.