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.’
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 Elon Musk gives X employees one year to replace your bank
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.”
Well that sounds terrifying!
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Sounds highly illegal
They're working on securing licenses to move money. They're making a financial services play (similar to what apple has done). It's a great idea for X, but I'd never trust them with my money.
Narrator: It was.
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