827

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

310 comments fedilink hide all child comments

“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!

you are viewing a single comment's thread
view the rest of the comments

[-] danhakimi@kbin.social 43 points 1 year ago

Lol, yeah, this sociopath is going to develop a full suite of banking services and software in a year while laying off employees, sure.

[-] APassenger@lemmy.world 6 points 1 year ago

If they did, would you trust him?

I wouldn't. Ever.

[-] danhakimi@kbin.social 3 points 1 year ago

not in a million years. Not with FDIC insurance or open-source non-custodial crypto wallets or anything like that.

[-] TenderfootGungi@lemmy.world 4 points 1 year ago

His platform struggles to push text around reliably. Could you imagine using that for money?

this post was submitted on 27 Oct 2023

827 points (100.0% liked)

Technology

59035 readers

2601 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS