A leak of source code has led to guesses that Elon Musk’s X platform might soon launch its payment system, called X Money. As rumours fly, they grow, and here the optimistic speculation or, say, the big question from the community is, will there be dogecoin and Bitcoin integration or not in this?
X CEO Linda Yaccarino first reported in a post on Dec. 31 that the system would start in 2025. However, X has not said if the leaked code, shared by MacRumors researcher Aaron Perris, is real.
The code has a line that says, “X Money is not available in your state.” This made some people, like entrepreneur Alex Finn, think that the system could start in the U.S. without getting approval from all 50 states.
Currently, X has secured money transmitter licenses in 39 states. When introduced, the feature will initially not include states like New York, Hawaii, and Massachusetts, among others.
X Money aims to allow users to tip content creators on the platform. Finn, speaking in a self-hosted X Spaces, stated, “X payments in one way or another will support cryptocurrency,” which means that crypto could form the foundation of its infrastructure. He pointed out that cryptocurrency is one of the quickest ways to send money, making it a smart choice for the system.
The speculation of integrating crypto stems from Musk’s history in supporting digital assets, and his profound love for Dogecoin earned him the moniker Dogefather.
Tesla, his electric car company, accepts Dogecoin for payments and holds $1.1 billion in Bitcoin, according to data from Arkham Intelligence. So given this strong history, it’s natural to question if DOGE will be part of X Money’s system when it launches.
Moreover, if the rumours hold true, X Money would launch in the 39 states where licenses have been obtained. The excluded states include Alaska, Delaware, Indiana, and Vermont, among others. Finn pointed out that further regulatory approvals might delay a nationwide rollout.
Still, while the leaked code has drawn attention, X has neither confirmed its authenticity nor shared details on features of the payment system. For now, It’s unclear whether popular cryptocurrencies like Bitcoin or even Dogecoin will be part of the system.
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