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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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[-] A2PKXG@feddit.de 14 points 1 year ago

The thing about from financial transactions is:

a) governments will insist on regulation and influence

b) the recipient needs to use the same system.

If my landlord and my brokerage aren't on TwitterFinance, there's no way to use it to send them money

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[-] Smacks@lemmy.world 12 points 1 year ago

Company money? This sounds like company money.

[-] nibble4bits@lemm.ee 10 points 1 year ago

Someone ought to show him that paying employees in Scrip is illegal, because no one sees how you bank. It's your private business. It's not anything remotely like working at a Ford dealership and driving in with a Honda.

[-] turbonewbe@lemm.ee 12 points 1 year ago

I'm confused. The article keeps mention "X". What is "X" about?

[-] Huschke@programming.dev 10 points 1 year ago

No idea so I googled x and videos and found porn. That's probably it.

[-] autokludge@programming.dev 9 points 1 year ago

Maybe they are talking about that defunct bank that eventually became PayPal? Apparently Musk got booted from CEO position less than a year past launch.

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[-] rubikcuber@feddit.uk 12 points 1 year ago

Imagine if this guy was your boss.

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[-] PeckerBrown@lemmy.world 11 points 1 year ago

Stop trying to be the Antichrist, Elon. We already hate you...let that be enough.

[-] billwashere@lemmy.world 11 points 1 year ago

There is no way in hell I’d trust this chucklefuck with anything I think is important, let alone money.

[-] Veneroso@lemmy.world 11 points 1 year ago

Oh yeah because if anyone deserves trust in handling money it's Elon Musk. Oh wait.....

[-] Yewb@kbin.social 11 points 1 year ago

People who use twitter think its totally ingrained into society and what drives all public discourse....

People that dont use twitter could give a shit, its a huge circle jerk.

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[-] sagrotan@lemmy.world 10 points 1 year ago* (last edited 1 year ago)

Hard to see from down here if his (mental)ballistic curve is already falling or if he's still in the zero-g phase, but kinda interesting to watch. Uuh, that'll make a loud splash when he hits the ground.

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[-] TORFdot0@lemmy.world 8 points 1 year ago

Unless twitter gets an actual bank charter and is regulated by the FDIC, X wouldn’t get a cent from me. Even if they claimed to pay incredible APY. Elon musk would steal billions from his customers and wouldn’t blink. And if your deposits aren’t insured then your money isn’t real.

[-] Frozengyro@lemmy.world 11 points 1 year ago

Even if he did all that, why would you ever give him anything?

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this post was submitted on 27 Oct 2023
693 points (86.2% liked)

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