- 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!
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.