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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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[–] SamXavia@kbin.run 14 points 1 year ago (1 children)

Seems like he is going ahead with the X "The Everything App" idea. I'm glad I use parts of the Fediverse and hope to build my own instance at some stage as I really don't want people like Musk owning my data let alone charge me for it and control my money.

[–] slurpeesoforion@startrek.website 1 points 1 year ago (1 children)

He'll just steal it. And if you fight back, he'll sue you into oblivion. It's the capitalist way.

[–] SamXavia@kbin.run 1 points 1 year ago

@slurpeesoforion The worst bit is, the US government seem to be on his side

@AnActOfCreation