Saifedean Ammous Calls on Elon Musk to Integrate Bitcoin Payments into X App

Bitcoin Advocate Urges Elon Musk to Embrace Cryptocurrency Payments

A prominent member of the Bitcoin community, Saifedean Ammous, has called on Elon Musk to incorporate Bitcoin payments into the X app, citing the platform's lack of support for cryptocurrency transactions. Ammous, renowned for his influential work "The Bitcoin Standard," expressed dismay on Twitter, deeming X's failure to accept Bitcoin as "patently absurd." Meanwhile, Musk raised concerns about Apple potentially integrating OpenAI's ChatGPT at the operating system level, even threatening to prohibit the use of Apple devices within his companies. However, it has emerged that Apple is developing its own AI models for direct integration into their devices.

Key Takeaways

• Saifedean Ammous advocates for the implementation of BTC payments on the X app, highlighting the potential for cryptocurrency adoption.
• Elon Musk threatens to ban Apple devices if OpenAI's ChatGPT becomes integrated at the OS level.
• Apple and OpenAI plan to directly integrate ChatGPT into iOS, iPadOS, and macOS.
• Musk criticizes Apple for lacking in-house AI development, while clarifications suggest Apple has its own AI models.
• Apple's proprietary AI model, with 3 billion parameters, will operate locally on iPhone, iPad, and Mac devices.

Analysis

The incorporation of Bitcoin payments into the X app has the potential to spur cryptocurrency adoption and disrupt traditional payment systems. Musk's strong stance against Apple's integration of ChatGPT signifies mounting tensions among tech powerhouses, influencing consumer choices and market dynamics. Apple's strides in developing its own AI models counter Musk's criticism and position the company for advanced device functionality. However, this tech rivalry might accelerate innovation while attracting regulatory scrutiny and causing market fragmentation.

Did You Know?

• Saifedean Ammous: A renowned economist and author recognized for promoting Bitcoin as a global monetary standard through his book "The Bitcoin Standard." He plays a significant role in the Bitcoin community, often delving into the economic implications of cryptocurrencies and blockchain technology.
• OpenAI's ChatGPT: An advanced AI language model created by OpenAI, capable of generating human-like text based on input. It has been trained on diverse internet text and can assist in tasks such as answering questions, creating creative content, and providing coding support.
• Apple's native AI with 3 billion parameters: Refers to a sophisticated AI model developed by Apple, intended to operate directly on Apple devices (iPhone, iPad, Mac) without reliance on cloud computing. This 3 billion parameter model indicates high complexity and capabilities, potentially enabling advanced AI functions locally on devices, enhancing privacy and performance.