Elon Musk Charges $1 Fee to New Users on X Platform to Combat Spam Bots

Elon Musk's new social media platform X is charging $1 to new users in an effort to reduce spam and bot activity.

Previous efforts to charge users have not prevented phishing scams and spam from verified accounts.

Crypto bots often use verified accounts to scam users through phishing links.

While the $1 charge may deter some bots, other measures like enhanced reporting and vetting of scam ads may be more effective.

Some suggest using blockchain technology and decentralized identity methods could more effectively address the bot problem.