X owner Elon Musk is attempting to create a future in which X users can use the platform for their entire financial lives, according to a report from The Verge.
Musk told employees in a meeting Thursday that the plan is to roll out the feature in 2024, said The Verge’s report, which also quoted CEO Linda Yaccarino as saying that it is a “full opportunity” in the next calendar year.
“When I say payments, I actually mean someone’s entire financial life,” Musk said in the meeting, according to The Verge’s article, citing audio it obtained. “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.”
https://www.cnbc.com/2023/10/27/elon...-x-report.html
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Thread: X Banking
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11-03-2023, 03:16 AM #1"Certified" Reel Nutz
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X Banking
𝓐𝓲𝓻 𝓕𝓸𝓻𝓬𝓮 𝓥𝓮𝓽𝓮𝓻𝓪𝓷 1976 - 1999 - 𝓒𝓪𝓷𝓷𝓪𝓫𝓲𝓼 𝓔𝓷𝓽𝓱𝓾𝓼𝓲𝓪𝓼𝓽 𝓼𝓲𝓷𝓬𝓮 𝓽𝓱𝓮 1960'𝓼
ᖇᗴ丅Ꭵᖇᗴᗪ ᗩ丅 40 ᑕᖇᗴᗯ - ᔕᗝᑕᎥᗩᒪ ᗪᎥᔕ丅ᗩᑎᑕᎥᑎǤ ᗴ᙭ᑭᗴᖇ丅 - ᒪᎥᐯᎥᑎǤ 丅ᕼᗴ ᗪᖇᗴᗩᗰ
ƚo| ɒ ꙅɿɘʞʞuꟻ bᴎɒ ɿɘʞʞuꟻ ꙅᴎuoᴎoɿq ɿɘbᴎɘǫ ɘʜƚ ɘꙅu I
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🄸 🅃🄴🄻🄻 🄸🅃 🄻🄸🄺🄴 🄸🅃 🄸🅂, 🄸🄵 🅈🄾🅄 🅆🄰🄽🅃 🅂🄼🄾🄺🄴 🄱🄻🄾🅆🄽 🅄🄿 🅈🄾🅄🅁 🄰🅂🅂 🄾🅁 🅂🄾🄼🄴🅃🄷🄸🄽🄶 🅂🅄🄶🄰🅁 🄲🄾🄰🅃🄴🄳. 🄸 🅂🅄🄶🄶🄴🅂🅃 🅈🄾🅄 🄶🄴🅃 🄰 🄷🄾🄾🄺🄴🅁 🄰🄽🄳 🄰 🄿🄾🅆🄳🄴🅁🄴🄳 🄳🄾🄽🅄🅃
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11-04-2023, 03:22 AM #2Crawling back under rock
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Not sure Musk understands what's required to run a Fed regulated retail and/or investment bank. Certainly he wouldn't listen to advice from people who do and he's earned himself a bad reputation with the SEC for repeated public comments and disclosure when he shouldn't have spoken. Can't see this actually happening myself.. his vast team of yes-men advisors will string him along for a while but ultimately it'll never get approved. That's my prediction.
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