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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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[-] VinnieFarsheds@lemmy.world 15 points 8 months ago

I still have a Twitter eh I mean X account. Don't really use it that much, other than following other people. But no way I'm letting one of Elon's companies handle my finances.

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[-] SamXavia@kbin.run 14 points 8 months ago

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.

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[-] A2PKXG@feddit.de 14 points 8 months 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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[-] turbonewbe@lemm.ee 12 points 8 months ago

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

[-] Huschke@programming.dev 10 points 8 months ago

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

[-] autokludge@programming.dev 9 points 8 months 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 8 months ago

Imagine if this guy was your boss.

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[-] Smacks@lemmy.world 12 points 8 months ago

Company money? This sounds like company money.

[-] nibble4bits@lemm.ee 10 points 8 months 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.

[-] PeckerBrown@lemmy.world 11 points 8 months ago

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

[-] billwashere@lemmy.world 11 points 8 months 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 8 months ago

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

[-] Yewb@kbin.social 11 points 8 months 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 8 months ago* (last edited 8 months 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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this post was submitted on 27 Oct 2023
692 points (86.1% liked)

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