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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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[-] Viper_NZ@lemmy.nz 16 points 1 year ago

I assume anyone who can get work elsewhere has, and they’re left with dead wood.

[-] Staccato@lemmy.world 27 points 1 year ago

Nah, the remaining employees aren't the "dead wood" necessarily. They're all the ones on H1 visas who can't legally work in the US anywhere else (without taking a massive risk).

[-] EnderMB@lemmy.world 10 points 1 year ago

Probably likely to be a lot of L1's there. At least H1B can move if sponsored, whereas for L1 you're basically fucked.

[-] Viper_NZ@lemmy.nz 2 points 1 year ago

Well that’s gross. And probably quite right too.

[-] Archer@lemmy.world 1 points 1 year ago

Dead Sea effect!

this post was submitted on 27 Oct 2023

693 points (86.2% liked)

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