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.’

AnActOfCreation@programming.dev to Technology@lemmy.world – 686 points –
Elon Musk gives X employees one year to replace your bank
theverge.com

“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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But honestly who in their right mind would trust musk with their money?!?

Sure, but when did bring in your right mind preclude you from being a customer? There are plenty of industries based on preying on idiots

Well, they can always trot out the age old strategy of paying people to sign up.