Musk took over Twitter a year ago and the plan is to turn it into a finance app

Can you believe its been a year since Musk took over Twitter? The Verge has a decent summary of all Elon's Twitter/X related shenanigans - it's a hell of a ride, yet despite all that, the site persists. Sure, active users are down (how down, we don't really know as Musk doesn't release any comparable stats, let alone trustworthy stats) and advertising spend has plummeted (60% according to Musk, who tried to blame the Anti-Defamation League for the drop), but it keeps on chugging along. The plan still seems to be turning Twitter/X into a payments platform, elaborating in an all-hands meeting last week that "when I say payments, I actually mean someone's entire financial life. 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". The mind boggles at who would use this, but Americans have fucked up payment systems, so who knows.


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