Unless twitter gets an actual bank charter and is regulated by the FDIC, X wouldn’t get a cent from me. Even if they claimed to pay incredible APY. Elon musk would steal billions from his customers and wouldn’t blink. And if your deposits aren’t insured then your money isn’t real.
this post was submitted on 27 Oct 2023
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Yanis Varoufakis said a while back that Elon is trying to replicate China's Wechat, which basically does all this. Owning digital platforms and having total control over them is now the best way to make money, and Elon basically wants that for everything.
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Is he gonna channel all that sweet income into supporting Dickopedia?
I’ll pass, thanks
He's trying to turn Twitter into WeChat. A near universal app everyone uses for chat, payments, etc.