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Elon Musk gives X employees one year to replace your bank - ‘You won’t need a bank account... it would blow my mind if we don’t have that rolled out by the end of next year.’ (www.theverge.com)

submitted 1 year ago by AnActOfCreation@programming.dev to c/technology@lemmy.world

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“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!

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[-] cogman@lemmy.world 10 points 1 year ago

He's going to make a Robinhood/PayPal clone and it's not going to work. Why? Because we already have Robinhood and PayPal.

It's just such a dumb idea, the only people that will fall for it are cryptobros.

this post was submitted on 27 Oct 2023

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