Why does encryption detective ZachXBT have a pessimistic view on Elon Musk confirming Twitter new users need to pay?

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X to Charge New Registered Users
ZachXBT: May Not Be Effective
X to Charge New Registered Users
X Daily News tweeted on the 16th, suggesting that X (formerly known as Twitter) may further expand its charging policy. The summary is as follows:
The charging policy aims to reduce spam and improve user experience.
New registered users must pay $1 before liking, replying, or saving tweets.
Previously, New Zealand and Philippines users adopted the “not a bot” subscription model, which included a $1 annual fee. ZachXBT
Musk confirmed this news in the comments underneath the tweet:
Unfortunately, charging a small registration fee to new users is the only way to counter the rampant army of bots. The current AI and internet trolls can easily pass the “are you a robot” test.
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Musk also mentioned that fake accounts have consumed a significant amount of available namespace. Many good user IDs have been stolen. So far, X has released over 1 million user IDs, and it is expected to release tens of millions more IDs in the coming weeks. However, once released, the army of bots will immediately occupy a large number of IDs.
However, the crypto community still believes that the charging policy is futile.
ZachXBT: May Not Be Effective
Crypto detective ZachXBT is skeptical of this approach. Just with the recent airdrop of Wormhole, there have been more than a dozen verified fake accounts. He pointed out:
It is uncertain whether this will bring the expected results. There are hundreds of scam accounts purchasing business verification every week, and scammers are paying thousands of dollars for this.
ZachXBT
believes
that this may have some effect, but
emphasizes
that he really appreciates the speed of updates under Musk’s leadership at X, but charging fees will stifle new user growth and may not be worth it.
Renowned KOL Ansem also
believes
that Musk underestimates the number of X users being scammed, and scam groups don’t care about spending a little money to make big profits.
Elon Musk
twitter
X
ZachXBT

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