Originally published at: Xitter celebrates one year of Musk management | Boing Boing
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I wouldn’t go within a mile of a bank run by Musk.
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I hear Tesla is about to roll out its FSD models in the next few months! The next few months are going to be huge!
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The combination of cluelessness and condescension of someone with Musk’s level of private boutique wealth management designing financial services for the common man is going to be a sight to behold.
I’m just not sure yet whether it will be a work of grand lunacy, a hasty and confused implementation of a martian’s understanding of how someone actually uses money; or whether it will be a few bafflingly weird Musk touches on top of a ruthlessly effective extraction kernel designed by actual user exploitation specialists; which certainly aren’t in short supply in and around social media enterprises.
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It would blow my mind if they do have that rolled out by the end of next year decade.
It’s too bad the elonmusk.today site isn’t being maintained anymore, this would make a great addition.
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Is all you really need to know.
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twitter “bank” in the running to be shut down for not following financial regulations
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Another terrific Midjourney piece from BB - but I’d have thought the bird should be dead.
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A wonderful innovation: The Non-Fungible Online Bank! [/Irony]
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Wasn’t his original version of X a huge disaster where Musk bled out $20 for each new customer and where there was pretty much no authentication of users?
Think I’ll stick with HSBC - who might be a monster that offered banking services to Mexican drug cartels - but at least it was a professional monster that offered banking services to Mexican drug cartels and catered for their specific needs (ie. by widening the teller windows to accommodate the volumes of cash they were banking) - customer service is an underappreciated art.
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I don’t think I can take all the excitement - what with him masterminding first manned landing on Mars in 2024!
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What a time to be alive!
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“When I say payments, I actually mean someone’s entire financial life,”
This is his level of self-delusion, that he thinks a critical mass of people will hand this over to a jumped-up Internet tr0ll who encourages Nazis and scammers to use his platform. Any financial institution partnering with Xitter is asking for a class-action lawsuit.
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My father told me to figure out how to earn a dollar from all of the boomers, Then I would be rich beyond my wildest dreams.
If E.Mucks needs people’s whole financial lives for his plan (in his head), he must picture some serious liquidity problems in the future.
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Alternately, figure out how to get $44B from one idiot.
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When Meta launched threads Musk said people will regret it if Zuck runs all the main social media platforms but he also this thinks very aspect of everyone’s life should done through Twitter and IS modelling his approach on China’s monopolisitic state capitalism. He is truly delusional.
Remind me again, why he is popular with people who claim to be anti-elite and anti-China?
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Proof that “successfully owning” and “successfully running” are very different things.
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Made the timeline more accurate.
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I wish Elon a world of luck in finding partners in the banking and finance industry who will be as cavalier with regulations and user data as he has been at his various enterprises. But maybe he has enough fanbois who didn’t learn the cautionary tales that Sam Bankman Fried has been teaching and would throw actual real world money into a big pot controlled by a billionaire and regulated by him and an excel spreadsheet.
Ignoring THAT whole thing, I assume the image for this was AI generated, but making Musk look like Fight Club era Brad Pitt instead of the homeless beard wearing roid-swollen weirdo if looks like in actual photos was certainly a choice.
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