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.’
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.’
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!
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This is also Apple's goal, strange they didn't pass the cap yet. Paypal was the first "digital" bank, we owe him that but to be honest, i won't put my money in a US entity. It is already difficult with most of the digital only EU banks.
Don't give him too much credit for PayPal. Yes, he was involved in one of the companies that ended up in Paypal and was fired from it. Back then he was already pushing his "X app".
thanks for the clarification, I didn't dig further into it.
No worries, Elon fought hard to create the illusion that he "founded" PayPal and Tesla and that he's such a genius and now he's doing his best to demolish that image with Twitter.
He isn't responsible for PayPal. His company, X.com, merged with PayPal and he was ousted after a short period of time. PayPal already existed before he was involved.
Wu-Tang Financial or nothing!
ing!
lol :) you know what I mean.