The founder and CEO of Tesla and SpaceX, Elon Musk, decided to buy the social network Twitter. At the same time, experts suggest that the billionaire should think about creating his own decentralized platform if the deal falls through.

Musk himself recently touched on the possibility of developing an open-source social network. The billionaire conducted a public poll among his subscribers, and most users came out in support. Some of them went beyond simple voting, and began to express their thoughts on the development of the potential platform. In particular, it was proposed to add support for DOGE tokens to the decentralized social network.

Nevertheless, Elon Musk is not going to give up his intentions to buy Twitter shares. The cost of the deal is expected to reach $43 billion. Justifying his decision, the businessman said that the social network is not working at full capacity in its current state. After the transition under his management Twitter will be able to realize its potential, believes Musk.

In parallel, Musk receives advice from other major players in the market. Thus, the head of MicroStrategy Michael Saylor recommended the Tesla founder to buy shares of bitcoin instead of Twitter. In his opinion, the first cryptocurrency will continue to increase its popularity in the future.