Absolutely. But if anyone who pays $20/month can get a blue checkmark, it is no longer the status symbol you describe and its appeal totally disappears.
>The directive is to change Twitter Blue, the company’s optional, $4.99 a month subscription that unlocks additional features, into a more expensive subscription that also verifies users
Sure sounds like they’re planning on giving blue checks to anyone willing to pay. It wouldn’t make financial sense otherwise; there are currently only around 300k verified users, so this would only generate a maximum of $6M/month in revenue.
Not really great for the strategy of charging for it, if they think that the blue checkmark is going to be a valuable part of charging for Twitter. The second it's available to the general public, it loses 99% of its value and doesn't really do anything to serve it's purpose of making Twitter Blue / paid twitter more attractive.
I liked it was it was people, pretty anomalous Tweeting. That was an exciting time.