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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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[–] CileTheSane@lemmy.ca 3 points 1 year ago

When you inherit a ton of money and invest it in every stupid idea you have...

With enough time and money eventually you'll stumble into something successful by pure chance. That doesn't mean you're good with money, just that you got lucky.

You don't hear about the people who inherited daddies money and proceeded to slowly go broke with no successes to speak of.

The evidence of Elon's poor business decisions speaks volumes towards "being wealthy doesn't mean you're smart, it just means you got lucky."