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!

  • jray4559@lemmy.sdf.orgEnglish
    52·
    1 year ago

    Buy a social media company because you know there’s no way you’ll ever make one naturally

    Claim that it’s too full of bots and try to walk out, despite having already signed the deal

    Treat your new employees almost like slaves because apparently sleeping at the office is a reasonable proposition

    Rebrand the social media network for no good reason, tanking value

    Drive advertisers away by changing the algorithm that helped make site so good

    Lose millions in company net worth and become an internet laughing stock

    …Have the bright idea to save the company by also making it a… banking provider…

    ?!

    • Krauerking@lemy.lolEnglish
      39·
      1 year ago

      His first garbage idea. He’s super nostalgic for X the platform her merged with PayPal to become super wealthy especially after the people that knew what they were doing had to pay him to leave.

      Literally the same concept, name and everything. It’s like he thinks he can just start over at the first app and it just will be propped up by a corpse. Idiot.

    • nutsack@lemmy.worldEnglish
      18·
      1 year ago

      I think he originally wanted to purchase the platform during the crypto boom in order to use it to add crypto nft Doge features and then the crypto market crashed and then he changed his mind about buying it but he was contractually obligated so he bought it and ruined it and now he’s going to start a bank run on toilet sentence