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this post was submitted on 18 Oct 2023
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Two reasons:
He wants Twitter to be his 'everything app' and the next step in that process is making it a bank.
He wants to sell people's personal data.
Full name. Address. Phone number. Credit Card details.
He wants them on his platform asap.
Once that hook catches it's hard to take out.
He doesn't need to charge anything to sell people's data though? They certainly already do that, no? If anything, this would just cause people to leave, meaning less data to sell.
Not to sell their financial data.
So you think Elon is making people pay for Twitter so he can sell their credit card numbers?
Yes, absolutely. It’s not just a credit-card number, it’s personal data tied to your entire Twitter history. He’ll sell your personal data to advertisers and assorted crooks who can then target you based on what you tweet, search, view, and so on.
Where's he selling credit card numbers, the dark net?
He's not literally selling credit card numbers. If he introduces a "Pay with X" service, then Twitter has a ton of new info about purchasing habits to link with Twitter activity that will make the platform more desirable for advertisers. The $1/year is to get the payment info in there so users are more likely to choose it out of convenience. It might also reduce bot activity, which is how it's being pitched at the moment.
The dude above was literally saying Musk is going to be selling our. credit card numbers.
Not a fan of the guy but let's be real.
WTB 1 personal data.