I think that would be a surefire way to haemorrhage users, and a social media network is nothing with people (even trolls need someone to target). Hence the apparent freemium model. Everyone can still use and post on twitter for free, and there is also the option to pay for extra features.You are right on a lot of your points. And there’s no way around the fact that Twitter needs to generate more income to keep going.
Having every single user pay a few dollars for access while keeping Twitter mostly unchanged in terms of verification would be far better than what Elon is proposing now.
Maybe those who can’t pay for access (yes, there are people online who have less than $10 in disposable income per month) could have paying users donate access through direct payments through Twitter or through a sort of voting system where you are granted free access if enough users vote in your favor.
My suggestion would be to have all regular users pay some $1-$3/month for access. Verification only happens through a rigorous verification process but then you get free access as long as they meet certain criteria in terms of engagement on and outside Twitter, or through a voting system where users vote who’s important on Twitter.
But again, this is all on paper. Let's see how the implementation goes next week.