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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 10 months 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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[-] Jakdracula@lemmy.world 22 points 10 months ago

I've worked in financial tech (now called 'fin tech) since 1994. In the USA, We have more laws governing our banks than our food. I've got my popcorn to watch this...

this post was submitted on 27 Oct 2023

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