Elon Musk says X’s DM feature XChat to have ‘Bitcoin-style encryption’

Summary

X is launching a new messaging feature called XChats, which will include audio and video calling, encryption, vanishing messages, and file sharing. Elon Musk claims it will utilize “Bitcoin-style encryption” and is built on the Rust programming language. The rollout follows a pause on X's previous encrypted messaging feature for improvements. Reactions from the Bitcoin community highlight misconceptions about Bitcoin's encryption, with experts clarifying that Bitcoin does not use traditional encryption methods. XChat is currently available to paid subscribers and requires a four-digit passcode for access. Additionally, Musk announced a payments feature called X Money, set to enter limited beta testing later this year. These developments aim to position X as a competitor to encrypted messaging platforms like Telegram and Signal, as well as fintech apps like Venmo and Cash App.

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