Nikita Bier, X Product Lead and who also serves as an advisor to the Solana ecosystem, said this week that he wants cryptocurrency to flourish on X, but not at the cost of turning the site into a vector for spam and harassment. In a blunt post, Bier warned that “applications that create incentives to spam, raid, and harass random users is not the way,” arguing that such tactics “meaningfully degrade the experience for millions of people — only to enrich a few people.”
Bier’s comments come as X prepares to roll out what he described as a slate of product updates in the coming weeks, chief among them a feature called Smart Cashtags. The new tool is being billed as a way to make financial mentions on the platform far more precise: instead of ambiguous tickers and guesswork, Smart Cashtags will let users tag a specific asset or smart contract so people can view real-time price charts and, Bier says, even trade stocks and cryptocurrencies directly from their timeline. The tease has prompted coverage and commentary across the crypto and tech press as observers parse what a trading-capable feed might mean for the platform’s user experience and regulatory profile.
Mixed Reception
Not everyone in the crypto community has greeted the idea warmly. Some users have worried that lowering the friction between conversation and trading could amplify pump-and-dump dynamics, or give bad actors easier ways to monetize disruptive behavior. Bier’s public rebuke of incentive-driven spam appears intended to pre-empt those concerns: he framed the issue not as opposition to crypto itself, but as a design problem, one that should not reward tactics that drown out ordinary users. Observers say the tension highlights a broader challenge for social platforms trying to blend financial functionality with healthy community norms.
For X, the move represents the latest push to position the platform as more than a feed for commentary. Company leaders and product teams have been experimenting with features that turn passive consumption into action, and Smart Cashtags would be one of the more direct steps toward making financial markets interactable inside social timelines. How the company implements safeguards against spam, market manipulation, and harassment will likely determine whether the rollout is celebrated as a useful innovation or criticized as another opening for abuse.
Bier’s post closed on a clear note of intent: he wants crypto to expand on the platform, but not by encouraging behavior that degrades the experience for the many to benefit a few. With Smart Cashtags and related updates slated to arrive in the weeks ahead, X faces a delicate balancing act between empowering traders and protecting regular users, and all eyes will be on how the company translates the promise into product design.
from Crypto News: Bitcoin, Ethereum & Price Data | BlockchainReporter https://ift.tt/3znutHX
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