This article tries to explain what Elon Musk is trying to do with Twitter - I mean X.
It seems he wants to go back to the future and re-establish an internet bank he started in 1999 called X.com with the idea that this app would have “the ability to conduct your entire financial world.”
Who wants this? Why would anyone want to combine social media with banking? The article points out that WeChat in China has this sort of platform, but why would this be successful in the West? Who would trust Twitter, I mean X, with their financial well-being given the tumult that has been the main feature of the business since Musk took over?
I guess we will see, but I’m skeptical that this is a workable model.