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.”
Every time that dude gives another "vision of the future" it just sounds worse and worse.
I don't want another commercial bank but on the internet. I want more non-profits. I don't want self-driving cars. I want better public transportation.