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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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[–] notannpc@lemmy.world 31 points 1 year ago (2 children)

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.world 6 points 1 year ago (1 children)

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.world 0 points 1 year ago

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