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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[–] tony@lemmy.hoyle.me.uk 15 points 1 year ago (1 children)

I think it's plausible he will actually pull X out of the EU completely and concentrate on the US. Banking regulations around the world vary greatly and I can't see him wanting to handle all that.

[–] hitmyspot@aussie.zone 6 points 1 year ago (1 children)

Wanting or able to handle it?