Elon Musk gives X employees one year to replace your bank
www.theverge.com
Musk wants your “entire financial life” on his platform.

“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!

  • notannpc@lemmy.worldEnglish
    32·
    1 year ago

    Ignoring the Elon factor….it will still be a bank account. It will just be a bank account that can only be managed through twitter.

    Thats not a better banking experience.

    • justaveg@lemmy.worldEnglish
      6·
      1 year ago

      it will be a banking experience where musk will get all of your banking data. I bet that’s why he’s so into it and the “do everything” super app approach.

      • notannpc@lemmy.worldEnglish
        11·
        1 year ago

        Oh definitely. The ad revenue potential would eclipse anything he’s ever done before if he can pull it off.

    • Farticles@lemmy.worldEnglish
      1·
      1 year ago

      Kinda like combining the Line Platform (Asia) and how mining companies “paid” “employees” in the US (WV), right? What a time to be alive. It’s a small bit of relief knowing I can buy fentanyl with my last 20 dollars and be done with it all.