That significantly depends on what Verification actually is.
If Verification is merely verification, then anybody who can be verified and wants to pay the $8 fee is entirely justified to be verified.
However....
If Verification isn't about verification at all, but instead is a mark of honor to separate the Nobles and Courtiers from the great unwashed peasants... Then opening up verification to anyone who wants to be verified and for $8 is a problem.
And considering before the $8 charge, there has been info released that certain Twitter employees were accepting Bribes to get people verified, figures range from $10K-$15K.
In addition, if you go back far enough, before Wokeness had fully metastasized, there were many high-profile individuals on Twitter that were Verified, Milo Yiannopolous as an example, and when they did something that was a crime against wokeness, they had their Verification removed.
Linking back to the above - did Milo stop being Milo? Of course not, so stripping him of 'Verified' status makes no sense. If however, it's to denote someone of importance, then getting expelled from the court makes a lot more sense.
Elon's move, I doubt it will generate significant revenue, but it does highlight what is underneath the veneer.
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