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X will begin charging new users $1 a year (fortune.com)
submitted 2 years ago by [M, B] to c/technology@lemmy.world
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X will begin charging new users $1 a year::X owner Elon Musk has long floated the idea of charging users $1 for the platform. Now, the team is moving the idea into production.

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[–] 8 points 2 years ago (2 children)

Why would you make it recurring, if it’s to fight bots? A sign up fee of 5 bucks would make more sense.

But it’s not about bots. It’s about extracting whatever cash he can.

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  • [–] 3 points 2 years ago

    Because if you make it recurring you have justification to keep a card on file. Which means a good percentage of people will set it up and then forget about it. And if it remains yearly it'll happen infrequently enough that people probably won't bother cancelling it. Even if the price goes up.

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