I think you misunderstood his point. His point was that payment requires a certain amount of verification through the banking system which would make it harder to use massive bots to spread misinformation. Government doesn’t have the power to sidestep that process. Hence his comment that they “can’t do spells”.

He never said bots aren’t on Twitter or that the US is too powerful to allow bots on Twitter. That’s how it was lost in translation.