#198 - Why Musk went after Twitter
Today's episode from 28th April 2022. Elon Musk is set to buy Twitter for around $44-billion but what are his plans for the social media company? We attempt to answer what the world's richest man plans to do with the platform, including thoughts on free speech, the algorithm and an edit button. Then later, El Salvador has already embraced Bitcoin and last week the British government outlined plans to make the UK a crypto hub. We look at how traditional money is set to enter a new era of competition from the digital world. In a deal expected to be finalised in 2022, Elon Musk's big to buy the social media platform has finally been accepted. The Washington Post's Rachel Lerman answers all your questions that may have arisen from the sale, including his policies on free speech and whether it will impact the permanent ban on Donald Trump. The decline of physical cash is a minor feature of our rapidly changing financial landscape which won't surprise most since it has become increasingly obsolete in recent years. However, as Eswar Prasad discovers for MIT Technology Review, while this shift could be a significant financial inclusion force for households with little access to formal banking systems, it could also be a potential driver of inequality impacting vulnerable people. Wake up with Curio is a different kind of morning show that gives you the context behind the news and gets you motivated for the day ahead, every Monday - Friday.
From Wake Up with Curio