Can DOGE Hit $0.10? Elon Musk Reveals US Gov’s Access to Twitter DMs
• Elon Musk recently revealed that the U.S. government could access users’ DMs on Twitter under the previous management.
• Bitcoin (BTC) and Dogecoin (DOGE) prices reacted negatively to the news, with DOGE sustaining short-term losses and BTC dropping below $30,000.
• Other crypto users raised alarms about the news, wondering if those involved will be arrested and hinting that the US Government is pushing closer to implementing a China-like Social Credit Monitoring System.
Elon Musk’s Revelation About US Government Access
Elon Musk, current head and owner of Twitter, recently revealed in an interview with Fox News that the U.S. government had access to user’s direct messages (DMs) under the previous management of Twitter. Prices of Bitcoin (BTC) and Dogecoin (DOGE) reacted negatively to this news, with DOGE sustaining short-term losses while Bitcoin fell below $30,000.
Other Crypto Users‘ Reactions
Other crypto users shared their reactions to this news as well on social media platforms such as Twitter and Instagram. Popular crypto user WSBChairman compared it to illegal government surveillance made public in 2013 by Edward Snowden saying “this is almost as bad as the illegal government surveillance Edward Snowden exposed in 2013” . Matt Wallace raised an alarm about this news implying that U.S Government is pushing closer to implementing a China-like Social Credit Monitoring System while also questioning if those involved will be arrested accordingly for their actions.
Implications of This Revealation
This revelation has left many people wondering whether other social media platforms such as Facebook, Instagram and Telegram also have their users’ data accessible by US government agencies or not? As one cannot rely solely on media for truth anymore due to these implications, it has put into question how secure our data is when using any online platform going forward?
Will Dogecoin Hit $0.10?
The recent development of Elon Musk’s revelation has taken its toll on both Bitcoin (BTC) and Dogecoin (DOGE). With Dogecoin sustaining short-term losses due to it investors are curious if DOGE will hit $0.10 after all or not? However only time can tell what new developments may arise from this situation that can affect the prices of cryptocurrencies like Bitcoin & Dogecoin in future?
Conclusion
In conclusion Elon Musk’s revelation about US Government access has created an insecure atmosphere among social media platform users & cryptocurrency investors alike who fear their data privacy is no longer safe online anymore! It remains uncertain what new developments may arise from this situation but nevertheless it serves as a warning for us all when using any online platform going forward!