A leak of source code has led to speculation that Elon Musk's platform X may soon launch its payment system, called X Money. As rumors spread, they will grow larger, and here, the optimistic speculation or, in other words, the big question from the community is whether there will be integration of dogecoin and Bitcoin or not?
X's CEO Linda Yaccarino first reported in a post on December 31 that the system would start operating in 2025. However, X has not clarified whether the leaked code shared by researcher Aaron Perris of MacRumors is genuine.
The code contains a line stating, 'X Money is not available in your state.' This has led some, like entrepreneur Alex Finn, to think that the system could launch in the United States without the approval of all 50 states.
Currently, X has a money transfer license in 39 states. When introduced, this feature will initially exclude states like New York, Hawaii, and Massachusetts, along with several other states.
X Money aims to allow users to tip content creators on the platform. Finn, speaking at self-hosted X Spaces, stated that 'X payments in one way or another will support cryptocurrency,' which means cryptocurrency could form the foundation for its infrastructure. He pointed out that cryptocurrency is one of the fastest ways to send money, making it a smart choice for the system.
Speculation about the integration of cryptocurrency stems from Musk's history of supporting digital assets and his deep love for Dogecoin, which has earned him the nickname Dogefather.
His electric vehicle company Tesla accepts Dogecoin for payments and holds $1.1 billion in Bitcoin, according to data from Arkham Intelligence. So, with this solid history, it is natural to ask whether DOGE will be part of the X Money system when it launches.
Furthermore, if the rumors are true, X Money will launch in 39 licensed states. The excluded states include Alaska, Delaware, Indiana, and Vermont, along with many other states. Finn points out that subsequent regulatory approvals could delay national rollout.
However, while the leaked code has drawn attention, X has yet to confirm its authenticity nor share details about the features of the payment system. Currently, it remains unclear whether popular cryptocurrencies like Bitcoin or even Dogecoin will be included in the system.
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