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!

  • TheMurphy@lemmy.worldEnglish
    112·
    11 months ago

    I’m with you on alot of this.

    But Elon DID found PayPal. It’s not like it’s uncharted territory.

      • TheMurphy@lemmy.worldEnglish
        1·
        11 months ago

        In March 2000, Confinity merged with x.com, an online financial services company founded in March 1999 by Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho.[12]

        I think this quote proves the point I’m making.

        Sorry for saying it was PayPal directly he founded, but it seems they pretty much bought the platform from Musk at put another label on it. (and ofc added to it)