- cross-posted to:
- technology@beehaw.org
- cross-posted to:
- technology@beehaw.org
“If it involves money. It’ll be on our platform. Money or securities or whatever. So, it’s not just like send $20 to my friend. I’m talking about, like, you won’t need a bank account.”
Well that sounds terrifying!
Sounds exactly like when your employer wants you to sign up for those stupid paycard accounts instead of fill out a direct deposit form.
Elon is so bad that we like Zuckerberg more than him
People have to censor their curse words in images now on facebook, trust me the zuck is not far behind the muck
Lmao what the actual fuck is he smoking today? This shit is wild.
Nope, not even for a free pony.
Lets put all our money on a platform rushed in under a year made from an exhausted and abused team of engineers. That sounds like a great idea. Definitely will be well thought out and reliable.
Not to mention identity fraud already being commons there
For sure fraud won't be totally rampant…
Also I think the hardest part of being a bank is the shitton of regulations (especially in Europe) and not the software.
Twitter might need to hire a lot of experts and lawyers in that field to make it work.
Also banks are all about trust - and that's precisely what Elon lost for most people in the last year
I’m confused. The article keeps mention “X”. What is “X” about?
Unsure, but he wants to give it to ya.
I suppose this doesn't feel weird to anyone who lives in China. They have a Whatsapp -clone called Wechat, and it's pretty much exactly what Musk wants X to be able to be.
Which indeed should scare you.