Elon Musk gives X employees one year to replace your bank
www.theverge.com
Musk wants your “entire financial life” on his platform.

“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!

  • eestileib@sh.itjust.worksEnglish
    4·
    1 year ago

    Interesting tension there between “rich white assholes are above the law” and “don’t fuck with rich people’s money”.

    SBF found himself on the wrong side of that one…

    • HerrBeter@lemmy.worldEnglish
      2·
      1 year ago

      He emulated a crypto version of bank and hedge fund, but for some reason failed to see that he had to stay solvent when the FED can’t save him.