- cross-posted to:
- technology@beehaw.org
- cross-posted to:
- technology@beehaw.org
“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!
What’s next? Company stores? They already have company housing…
Eventually Musk is going to have them buying ‘X cookies’ and ‘X cereal’ so that they don’t have to pay them real money.
He actually wants to do what WeChat, and a few other mega applications like that do. It works in the east, but we mostly don’t want that in the west afaict.
I can see people using it as a go-between to send money to people over twitter or as a small emergency fund thing. Doubt many will use it as their primary bankery.
I sure wouldn’t. Let’s even pretend he gets the license to do that, he’s shown time and again he’ll change the rules with a 2min notice on a whim. I don’t need rollercoasters with my finances.