He's absolutely not going to hire the legal and engineering team required to do this too lol
I would laugh so hard if he burns out his staff doing this and the FTC or SEC or whatever just goes "Lol. No."
While that debaucle is ongoing and the people who stayed on are struggling from losing all their money, Elon will present his brand new brain baby to alleviate their problems and it will just be company scrip.
the website that breaks, has no moderation, has full versions of pirated movies, and constantly shows me nazis should also control my money
Comrade Elon trying to make the Nazis who complain about Jewish bankers into bankers themselves
critical support to elon in his protracted peoples war against elon musk fans this time by losing all their money
One thing I find very strange about the actually existing information age is that most "tech" doesn't even solve a problem, or improve upon an existing system. It's all just selling solutions to problems you don't have or problems the seller created in order to sell you the solution. Most "tech" companies haven't really made any improvements to anything they own in a long time. It think the it's odd/frustrating that improvement to existing solutions is far less "valuable" than new "features".
It's also interesting to me that "tech" companies aren't even really technology companies anymore. "Innovation" is just a buzzword rather than actual goal/objective. They want to just make new "things" rather than actually improving any current things
The modern age is weird and I don't like it.
That's the problem with humans having limited needs while the market needs unlimited growth. The only answer after a certain point is inventing demand.
And specifically, inventing demand by removing alternatives. Like with IoT devices. They invent demand by removing alternative designs, raise the price because it's premium, then use those devices to spy on your and sell data to create a sort of rent based model where you pay with your privacy.
Alternatively they just refuse to even sell you the IoT device and force you to rent it from them.
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Fuckin’ exactly dude!
Just kind of reinventing the wheel (but worse). A series of systems that have begun to turn ingrown
When Twitter came out, there were blogs. Everyone could write articles on their blog, ans RSS allowed everyone to follow anyone.
Then a new company said : "We will make blogs, but limited to 127 characters"
That was so stupid. I bet with a friend that it will never be a thing. I lost.
I'm a millennial that has stuck more onto RSS (readers). Just a few feeds at a time is all I need, plus checking into Reddit (yeah). Twitter only appealed for near instant updates about a critical event occuring, and Tiktok only appeals for how much relatively effective activism slips through (for now) lol. I didn't like all of blog culture but I definitely like it more than Twitter. I'm generally against 'status updates' - it feels very, I don't know, bureaucratic? imposed on our humanity - but Twitter felt like the evolution of the notion. Status updating, all the time, all the time, all the time, tweeting into the night..
time for my annual "reassuring investors that everything will be ready by the end of next year" tour
In the latest quarterly earnings call for Tesla he got weirdly animated and emotional over work from home and it seems like he believes his own lies where he was sleeping on the factory floor for a while.
must suck to be on an H1B visa and work for that piece of shit.
i would seriously think about [redacted] and leaving the US if it looked like i'd get caught
the key is leaving before it looks like you'll get caught
People in the comments here have not understood that headline.
Musk want X's employees to design and develop financial and bank features into X, not change their personal bank. X's employees are tech workers
https://www.theverge.com/2023/10/26/23934216/x-twitter-bank-elon-musk-2024
I don’t need my bank to be powerful, I need it to be secure and follow regulations.
I think even the Musk fanboys wouldn’t trust him with their money.
And that makes him even more delusional. He thinks he can make PayPal 2 in 2023
Musk promoting products that will be available next year lol.
I hope the tech bros all invest and lose their money.
yeah that headline was phrased weirdly
How is this not just PayPal again
my man is still big mad that paypal wasn't called X and is literally just relitigating that decades old argument
If he wasn't the dumbest man alive I'd want him to succeed just to hurt Peter Thiel.
Nobody can fire him this time
yea i don't think employers have access to whether employees have an open bank account.
e-wallets are not a bank replacement, it is used for small day to day transactions in any country.
I learnt from a BadEmpanada vid that some streamer kept all his money on a PayPal account that eventually got hacked. He did not have a bank account.
I have had several people in my not especially large immediate friend group who have had between hudreds and thousands of dollars stolen, I'm sorry I meant frozen, by PayPal for no reason and with no recourse. Never keep your money in any kind of fake pseudo-bank. Either a real, bank, or Iraqi dinars, nothing else.
RIP bozo
16 bits
What do you get?
Another day older and deeper in debt
Saint Peter don't you call me 'cause I can't go
I sold my soul to the X Store
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Me when Ebic has a free bideo gamb for me
Here's hoping he blows his mind 🙏
Scanners (1981)
your boss can't tell you how to spend/save your money. If that headline isn't hyperbolic, he's opening himself up to lawsuits
The article is about development of financial features into X, not changing employees banks. He wants to change YOUR bank
Imagine that, giga-rich megalomaniac wants to get into banking... For totally legit reasons, because, you know.... Banking as it is doesn't work at all.
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Love him or hate him you have to admit no one has worked nearly as hard as Elon to dismantle the myth of meritocracy.
no one has worked nearly as hard as Elon to dismantle the myth of meritocracy.
You mean
nearly the least hardest as Elon to dismantle the myth of meritocracy.
Someone could summarize the latest bizarreness of this lunatic billionaire. I'm too lazy to read.
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It's difficult to quit when your working permit it connected to the company. Is this legal to fire someone over though?
Replacing your bank by completely running out of money.
Awesome! We'll have a new X Bank as soon as we land on Mars with Full Self Driving!
Who works at twitter? Tech pays extremely well why work for a shitty company. Just realized they work for a shitty company because they are shitty devs probably.
"Bitches bitches bitches bitches bitches bitches bitches bitches bitches."
Waow, peak comedy. I can see why this show is so popular.
