The offer has been discussed by Twitter's board of directors, but no important decision has been made.

However, there have recently been reports that the board of directors is seriously considering accepting Musk's offer and selling the social media behemoth. If this happens, Musk will have complete control over Twitter. Cardano founder Charles Hoskison has resorted to Twitter to express his thoughts on the matter, following news that Twitter's board of directors is considering accepting the offer.
<h2><strong>Hoskinson Is Down For It</strong></h2>
In response to a rumor claiming that Twitter was nearing an agreement to sell the social media behemoth to the billionaire, Hoskinson uploaded a GIF expressing his delight. The GIF, which depicted actor Nicholas Cage in a happy condition, clearly matched Hoskison's delight at the news.

https://twitter.com/IOHK_Charles/status/1518454212761473025?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1518454212761473025%7Ctwgr%5Ehb_1_10%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fbitcoinist.com%2Fcardano-founder-reacts-to-twitter-news%2F

This is hardly surprising, given that Cardano's founder has been public about his support for Elon Musk's acquisition of Twitter. Even though the board of directors originally rejected Musk's offer, Hoskinson recommended that he and Musk work together to create a decentralized Twitter competitor that would run not only on the Cardano blockchain but also on other blockchains such as Bitcoin, which Musk openly supports.

https://twitter.com/IOHK_Charles/status/1514707087128997890?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1514707087128997890%7Ctwgr%5Ehb_1_10%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fbitcoinist.com%2Fcardano-founder-reacts-to-twitter-news%2F
<h2><strong>What Does Musk Want With Twitter?</strong></h2>
Elon Musk, the CEO of SpaceX and a billionaire, has previously issued a brief 'manifesto' for what he intends to do with the social media network after he acquires it. According to him, he intends to use the platform to promote free speech.

Must has also stated that he intends to keep as many private stockholders as the law permits in the organization. He also intends to "authenticate all actual humans" and beat Twitter's spam bots, or "die trying."

https://twitter.com/elonmusk/status/1514681422212128770?s=20&amp;t=u5CsLFIrS80W9DmkbJcZjA

However, not everyone in the crypto community is thrilled about Musk's choice to purchase Twitter. Vitalik Buterin, the founder of Ethereum, has expressed his displeasure with hostile takeovers, stating that something like this "may easily go *very* wrong."

Musk, on the other hand, appears to have no intention of backing down. If his bid is rejected, the billionaire has recommended selling his shares in the company, which he now owns at a 9.2 percent stake. A sell-off that might rapidly depress the stock's price.

Cardano Founder Reacts To News That Twitter Is Considering Selling To Elon Musk

Elon Musk's bid for Twitter hasn't slowed down since he launched an enticing $46.5 billion offer for the microblogging platform.

Prabhjeet Bhatla is a cryptocurrency writer covering startups and a researcher since 2020. She has authored many articles for Entrepreneur India and APAC (digital and print) on cryptocurrency and ever-evolving Blockchain, the technology behind Bitcoin, and other cryptocurrencies. She specializes in applied cryptography, privacy-enhanced information storage systems, anonymous cryptocurrencies, elliptic curve crypto-systems, and satellite television piracy.

Cardano Founder Reacts To News That Twitter Is Considering Selling To Elon Musk

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