Comment on 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.’

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hh93@lemm.ee ⁨1⁩ ⁨year⁩ ago

Not to mention identity fraud already being commons there

Fire sure fraud won’t be totally rampant…

Also I think the hardest part of being a bank is the shitton of regulations (especially in Europe) and not the software.

Twitter might need to hire a lot of experts and lawyers in that field to make it work.

Also banks are all about trust - and that’s precisely what Elon lost for most people in the last year

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