this post was submitted on 27 Oct 2023
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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)
submitted 1 year ago by AnActOfCreation@programming.dev to c/technology@lemmy.world
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“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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[–] RememberTheApollo_@lemmy.world 18 points 1 year ago

With clowns like this running the show stuffing your money under the mattress like the old depression-era trope seems a better and better idea. Unstable billionaires, AI being dragged into Wall Street, domestic and geopolitical fuckery…. Makes me wonder what my 401k will look like in 20 years, or even 50. Just more middle-class money propping up rich people only to be set on fire before I get to it?