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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At this point I'm surprised that "X" has employees.

I assume anyone who can get work elsewhere has, and they’re left with dead wood.

Nah, the remaining employees aren't the "dead wood" necessarily. They're all the ones on H1 visas who can't legally work in the US anywhere else (without taking a massive risk).

Probably likely to be a lot of L1's there. At least H1B can move if sponsored, whereas for L1 you're basically fucked.

Well that’s gross. And probably quite right too.

Musk has fanbois in tech space for some reason. Only people left now are chronic asslickers, so obviously Musk feels empowered to do anything. These people will gladly take his shit down their throats.