Sam Bankman-Fried: "Elon Musk's vision of Twitter does not yet coincide with FTX policy"

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The CEO of the FTX cryptocurrency exchange, Sam Bankman-Fried, said that his views on the development of the social network Twitter at this stage do not coincide with the views of Elon Musk.

Sam Bankman-Fried explained,that the platform refused to invest in the purchase of Twitter because it was not clear how the social network led by Elon Musk would implement blockchain and cryptocurrencies into its business model:

“We refused to fund Twitter,because our policies do not align with Elon Musk's vision. For example, if he wanted to create social networks or blockchain-based wallets and payments, we would be happy to work with him. And who knows, maybe he will still introduce cryptocurrencies.”

1) we passed on Twitter b/c it didn’t seem like our strengths were what was needed for Elon’s vision for Twitter

(e.g. if he wanted to do blockchain-based social media, or blockchain wallets/payments, we’d have been excited to work on that!

and who knows, maybe he still will)