Elon Musk just dropped 'Bitcoin-style' XChat originally appeared on TheStreet .
Elon Musk is doubling down on privacy.
In his latest update for X (formerly Twitter), the billionaire CEO announced XChat — a new encrypted messaging feature that will support audio/video calls, vanishing messages, and all-file sharing.
"The all new XChat is rolling out with encryption, vanishing messages, and the ability to send any kind of file. Also, audio/video calling," Musk posted on X.
He added that the system is built on a "whole new architecture" with "Bitcoin-style encryption" — hinting at a more decentralized, cryptographically secure infrastructure, though no technical details were provided.
The move is part of Musk's broader effort to transform X into a privacy-forward "everything app."
While Musk didn't elaborate on what "Bitcoin-style encryption" actually means, the phrase has sent crypto communities into full meltdown mode.
"Bro, if this is even half as secure as Bitcoin wallets, we're about to see Telegram get wrecked," wrote one user on the CryptoLeaks Discord.
"XChat + no phone number + vanishing mode?? Elon just gave OPSEC its biggest W," said another in a Solana DEX server.
A third user posted, "You're telling me I can now send airdrop links, memes, and seed phrases without getting doxxed? God bless this man."
While announcing a separate payments feature X Money last week, which will launch in beta later this year — Musk emphasized the platform's cautious approach: "This will be a very limited access beta at first. When people's saving are involved, extreme care must be taken."
The new wave of tools seems to suggest X wants to rival apps like Signal, Telegram, and even China's WeChat — combining finance, messaging, and social media under one encrypted roof.
Elon Musk just dropped 'Bitcoin-style' XChat first appeared on TheStreet on Jun 1, 2025
This story was originally reported by TheStreet on Jun 1, 2025, where it first appeared.
