Scott Melker, host of The Wolf Of All Streets podcast, reported on X on Sunday, October 25, 2026, a significant statement from Elon Musk regarding a new payment functionality on the X platform. Melker’s post conveyed: “JUST IN: Elon Musk says X is adding long-press on like to send someone $1 with X Money”. This announcement details a direct integration of micro-payments into the social media experience, leveraging the platform's existing engagement features. The proposed system, referred to as “X Money,” would allow users to initiate small financial transfers through a simple long-press action on the 'like' button, streamlining peer-to-peer transactions within the social network.
This reported feature emerges amidst a dynamic period for digital payment infrastructure and financial technology integration within consumer platforms. Recent Gokhshtein coverage has closely tracked developments in digital finance, including Pete Rizzo’s report on Dell’s rejection of a Bitcoin treasury proposal, indicating ongoing corporate considerations for digital assets. Furthermore, the digital asset space has seen volatility, with Bitcoin recently dropping below $80,000, triggering $186 million in liquidations, and Electrum patching a critical vulnerability exploited to steal Bitcoin. The Crypto Fear & Greed Index currently stands at 54, signaling a neutral market sentiment.
This initiative by X, if implemented, suggests a strategic move by the platform to deepen its involvement in financial services, according to Musk’s reported statement. The integration of “X Money” for sending small amounts like $1 could significantly expand the utility of X beyond traditional social networking, potentially influencing how users interact with content creators and services directly on the platform. It implies a potential shift towards enabling more direct monetization for content creators and facilitating seamless micro-transactions among users. This development positions X as a more comprehensive digital hub, potentially influencing broader trends in digital currency adoption and platform-based financial tools.
