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.’
Musk wants your “entire financial life” on his platform.
“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.”
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.