Elon Musk has unveiled XChat, a new encrypted messaging feature integrated into the X platform. This development promises enhanced privacy by employing Bitcoin-like encryption technology. The app enables secure messaging and multimedia sharing, furthering X’s vision of becoming an ‘everything app’. XChat is not directly linked to cryptocurrencies like Bitcoin or Ethereum, but its implementation could lead to increased interest in cryptography and blockchain technologies. While responses from major crypto figures remain pending, Musk’s history often sparks discussions regarding his ventures. Technical communities are reacting positively to the integration of Rust and encryption technologies into XChat. 8-10 years after Whatsapp and Signal led digital privacy advancements, XChat aims to build on this legacy. With Bitcoin’s market position remaining stable at over $2 trillion in June 2025, XChat could potentially propel further innovations in secure communication, impacting financial privacy and regulatory discussions.