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Tesla and Spacex CEO Elon Musk has joined Twitter\u2019s board of directors and promised to \u201cmake significant improvements\u201d to the social media platform. Some changes he is considering include adding an edit button and solving the crypto spam bot problem, which he sees as the \u201csingle most annoying problem on Twitter.\u201d After disclosing Monday that he has taken a 9.2% stake in Twitter<\/a> Inc., Tesla and Spacex CEO Elon Musk has joined Twitter\u2019s board of directors, according to the social media giant\u2019s filing <\/a>with the U.S. Securities and Exchange Commission (SEC). Musk is now Twitter\u2019s largest shareholder.<\/p>\n Twitter CEO Parag Agrawal tweeted welcoming Musk to his company\u2019s board. The Tesla boss replied: \u201cLooking forward to working with Parag & Twitter board to make significant improvements to Twitter in coming months!\u201d<\/p>\n Former Twitter CEO Jack Dorsey tweeted: \u201cI\u2019m really happy Elon is joining the Twitter board! He cares deeply about our world and Twitter\u2019s role in it. Parag and Elon both lead with their hearts, and they will be an incredible team.\u201d<\/p>\n Following Musk\u2019s Twitter investment, many people flooded the Tesla CEO\u2019s tweets with their ideas on how to improve Twitter.<\/p>\n Some suggestions concern crypto spam bots. \u201cElon, you need to do something about these crypto spam bots,\u201d one person wrote. \u201cThey\u2019re getting really annoying. Improving the verification system to prove that you\u2019re an actual *real* human would help with this.\u201d Musk concurred, emphasizing that in his opinion, this is the \u201csingle most annoying problem on Twitter.\u201d<\/p>\n This was not the first time Musk has voiced concerns about the crypto spam bot problem. Crypto spam posts frequently appear on Musk\u2019s tweet threads, and many of them promote crypto giveaway scams. Scammers often capitalize on Musk\u2019s popularity, featuring him and his companies giving away bitcoin and other cryptocurrencies.<\/p>\n Musk tweeted on Feb. 1, 2020: \u201cThe crypto scam level on Twitter is reaching new levels. This is not cool.\u201d His statement was made in response to a comment that \u201cEven verified accounts are now being hacked and pushing fake bitcoin scams.\u201d<\/p>\n Dogecoin co-founder Billy Marcus estimated on March 25:<\/p>\n I think crypto spam bots make up 40% of Twitter.<\/p>\n<\/blockquote>\n Besides the crypto spam bot problem, Musk is looking into adding an edit button to tweets. He set up a poll Monday asking his 80.6 million followers, \u201cDo you want an edit button?\u201d The CEO of Twitter stressed: \u201cThe consequences of this poll will be important. Please vote carefully.\u201d Over 4.4 million votes were counted and 73.6% said yes.<\/p>\n Twitter user Liz Wheeler argued against having an edit button. She opined: \u201cWhat if a tweet goes viral, lots of retweets & millions of impressions, & then the author completely changes the meaning? Not just a grammatical fix, but a total ideological change? Or shameless self-promote?\u201d<\/p>\n The CTO of Meta, formerly Facebook, chimed in: \u201cWe solved this on Facebook a long time ago. You just include an indicator that it has been edited along with a change log. If you are really worried about embeds they can point to a specific revision in that history but with a link to the latest edit. Not a real issue.\u201d However, Musk replied, \u201cFacebook gives me the willies.\u201d<\/p>\n Some other suggestions concern Twitter\u2019s fact checking, election control, and bringing back banned users, such as former U.S. President Donald Trump.<\/p>\n Musk said at the end of March that he wanted to build a social media platform that focuses on free speech<\/a> as a top priority. \u201cGiven that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy,\u201d he described.<\/p>\n Not everyone is confident that Musk will improve Twitter. Regarding free speech, Bloomberg published an opinion piece<\/a> Monday claiming that \u201cMusk\u2019s Twitter investment could be bad news for free speech.\u201d<\/p>\n One Twitter user expressed his doubt that Musk will make changes that benefit everyone, asserting that the Tesla boss \u201cseems self-centered.\u201d A different user said he will quit Twitter if Musk is in control.<\/p>\n Some people in the crypto community pointed out that Musk\u2019s promise to improve Twitter is a display of the problem with the proof-of-stake (PoS) consensus mechanism, citing its apparent weakness of being controlled by the rich. One wrote:<\/p>\n Elon is showing you how easy it is to control a PoS network.<\/p>\n<\/blockquote>\n
<\/strong><\/p>\nElon Musk Joins Twitter\u2019s Board of Directors<\/h2>\n
![\"Elon](\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/04\/elon-twitter-post.jpg\" "\\"Elon")
<\/p>\nMusk Promises to Make Major Improvements to Twitter<\/h2>\n
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<\/p>\nThere Are Some Skeptics<\/h2>\n
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