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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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[–] art@lemmy.world 41 points 1 year ago* (last edited 1 year ago) (1 children)

Every time that dude gives another "vision of the future" it just sounds worse and worse.

I don't want another commercial bank but on the internet. I want more non-profits. I don't want self-driving cars. I want better public transportation.

[–] xantoxis@lemmy.world 11 points 1 year ago

Make the post office a bank