Current Events > Elon wants X employees to move their bank accounts to X's

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SocialistGamer
10/27/23 1:18:23 PM
#1:


https://www.theverge.com/2023/10/26/23934216/x-twitter-bank-elon-musk-2024

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Turbam
10/27/23 1:20:07 PM
#2:


https://gamefaqs.gamespot.com/a/user_image/3/9/5/AAeolZAAD61D.png

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CADE_FOSTER
10/27/23 1:20:39 PM
#3:


would never trust that asshole with anything much less my money
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ScazarMeltex
10/27/23 1:22:02 PM
#4:


Dude is a fucking moron. Also, I'm not seeing anything about being insured by the FDIC, so he can extra fuck off.

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lilORANG
10/27/23 1:23:21 PM
#5:


And then when X goes under all those employees' accounts are used to pay off creditors while Elon walks away lol.

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KFHEWUI
10/27/23 1:24:00 PM
#6:


https://www.youtube.com/watch?v=lhckuhUxcgA

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BewmHedshot
10/27/23 1:24:38 PM
#7:


It would blow my mind if we dont have that rolled out by the end of next year, Musk said.
Meaning it will take 5 years and not even support all the features that Zelle does today.
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CADE_FOSTER
10/27/23 1:26:12 PM
#8:


lilORANG posted...
And then when X goes under all those employees' accounts are used to pay off creditors while Elon walks away lol.
def
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A_Good_Boy
10/27/23 1:27:04 PM
#9:


He can't even make his websight reliably stream video, and now he wants to directly involve it in people's wallets too?

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Robot2600
10/27/23 1:27:14 PM
#10:


BewmHedshot posted...
Meaning it will take 5 years and not even support all the features that Zelle does today.

pretty optimistic. in reality it never does anything

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Southernfatman
10/27/23 1:28:39 PM
#11:


Sounds like a great idea. Maybe he can start paying employees with company scrip too. Musk bucks!
/s

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#12
Post #12 was unavailable or deleted.
mercurydude
10/27/23 1:29:34 PM
#13:


This is the same shady ass man that was trying to sell them the company houseplants some months back.

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dummy420
10/27/23 1:29:59 PM
#14:


There's bad ideas, and then there's this. Holy fuck whoever goes for this is screwed.

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DarkBuster22904
10/27/23 1:30:27 PM
#15:


This coming from the guy who got fired from PayPal (back when it, too was called X (three guesses who did that)) due to a security failure that leaked all of the users' banking data and PII.

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Robot2600
10/27/23 1:30:48 PM
#16:


mercurydude posted...
This is the same shady ass man that was trying to sell them the company houseplants some months back.

wat lol?

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BewmHedshot
10/27/23 1:31:21 PM
#17:


Robot2600 posted...
pretty optimistic. in reality it never does anything
Oh sorry I meant 5 years until they cancel it.
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BewmHedshot
10/27/23 1:32:09 PM
#18:


Robot2600 posted...
wat lol?
After Elmo fired everybody he auctioned off a ton of Twitter's office furniture, I'm sure the plants were included.
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mystic_belmont
10/27/23 1:32:40 PM
#19:


Paying his employees in company scrip.

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CommonStar
10/27/23 1:33:12 PM
#20:


Imagine entrusting your money to a guy who brought a 44 billion dollar company down to 8 billion.
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CableZL
10/27/23 1:34:00 PM
#21:


I don't think I would do this for any company I worked for unless I actually worked for an established bank or credit union.

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AbsolutelyNoOne
10/27/23 1:37:18 PM
#22:


Instead of talking about who I would trust with my money more than Elon Musk, I'll talk about who I'd trust Elon Musk to handle my money more than:

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Shotgunnova
10/27/23 1:39:13 PM
#23:


Trusting your entire financial life to Elon Musk in the year 2023.

https://gamefaqs.gamespot.com/a/user_image/1/3/0/AABhrNAAEyba.jpg

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UnsteadyOwl
10/27/23 1:40:19 PM
#24:


CableZL posted...
I don't think I would do this for any company I worked for unless I actually worked for an established bank or credit union.
Yeah, banks and credit unions are FDIC insured so you have a guarantee that if they go under you won't lose the money you have deposited there. Who knows if this thing Elon is planning will be.

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Umbreon
10/27/23 1:42:36 PM
#25:


I wouldn't trust Musk with a cactus, much less my money.

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Forty_Niners
10/27/23 1:43:45 PM
#26:


Hahaha

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MacadamianNut3
10/27/23 1:51:27 PM
#27:


This is somehow dumber than trusting Elon enough to actually use a Neuralink

Techbros never cease to amaze

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mystic_belmont
10/27/23 2:05:26 PM
#28:


The type of industry Musk is trying to break into is very regulated.

It's never going to happen.

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Alucard188
10/27/23 2:07:38 PM
#29:


Giving one nepobaby control over your entire financial suite doesn't seem like a great idea to me.

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Gritty
10/27/23 2:10:49 PM
#30:


Elon is a legit moron
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Alucard188
10/27/23 2:10:55 PM
#31:


CommonStar posted...
Imagine entrusting your money to a guy who brought a 44 billion dollar company down to 8 billion.

This is a common misinterpretation. Twitter was never worth 44 billion. It might have been more than half of that amount, but never $44 billion. So he paid an inflated price for something and sunk its value below what it was last year. They tell you to buy low and sell high, right? Imagine buying high and selling low.

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Luteo
10/27/23 2:15:33 PM
#32:


Hes legit trying to scam his own employees wtf

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MabusIncarnate
10/27/23 2:18:55 PM
#33:


Probably gonna eventually make it mandatory if you wanna keep your job

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FighterMcWar
10/27/23 2:20:34 PM
#34:


Well this has been his goal since PayPal, banking more or less holds the keys to civilization and he wants to take over as the new digital banking system. It is why he was so eager for crypto and web 3, it was just an avenue to this.

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codey
10/27/23 2:20:54 PM
#35:


"You won't need a bank account!" says man proposing you make him your bank account

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BurmesePenguin
10/27/23 2:25:57 PM
#36:


Elon didn't say what the topic title implies, btw.

But the article itself has a title that can be read that way, so if you don't read the article itself I see where you got that idea.

Regardless it sounds like something he's actually thinking even if he didn't say it.

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TheGoldenEel
10/27/23 2:30:32 PM
#37:


I feel like anyone who is still working at Twitter and hasnt jumped ship by now is probably a sycophant anyway

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UnsteadyOwl
10/27/23 2:39:43 PM
#38:


codey posted...
"You won't need a bank account!" says man proposing you make him your bank account
He's probably trying to do a thing where he wants his company to do everything that a bank does but thinks if he doesn't call it a bank then it doesn't have to regulated like one.

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Naysaspace
10/27/23 2:41:25 PM
#39:


Lol he wants literal indentured servants and to pay in company scrip
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Solar_Crimson
10/27/23 2:44:59 PM
#40:


CADE_FOSTER posted...
would never trust that asshole with anything much less my money


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Tyranthraxus
10/27/23 2:48:14 PM
#41:


MabusIncarnate posted...
Probably gonna eventually make it mandatory if you wanna keep your job
I'd open up an account with $5 and ACH everything out of there immediately until I could find a new job.

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Nemu
10/27/23 2:49:08 PM
#42:


Sounds like an absolutely amazing idea that will definitely not end with thousands of people losing their life savings.
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Foppe
10/27/23 2:52:06 PM
#43:


I bet this is his smart version of NFTs.
Musk
Fungible
Token

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King_Rial
10/27/23 2:52:55 PM
#44:


https://gamefaqs.gamespot.com/a/user_image/3/6/4/AAE14lAAE-sU.jpg

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HudGard
10/27/23 2:56:27 PM
#45:


Will he pay their salaries in doge coin?

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