Elon Musk

<ul class="news-points"> 
 <li>Elon Musk revealed plans to turn the social media platform into an all-encompassing financial hub.</li> 
 <li>According to Musk, X users would no longer need bank accounts after the implementation.</li> 
 <li>The proposed payment features would become available on X by the end of 2024.</li> 
</ul> 
<a href="https://coinedition.com/tag/elon-musk/">Elon Musk, the owner of X (formerly Twitter)</a>, has revealed plans to turn the social media platform into an all-encompassing financial hub. Musk made the revelation during an all-hands call with the company’s employees last Thursday and claimed that his aim is that X users would not need bank accounts after his plans are implemented. 
As reported by <a href="https://www.theverge.com/2023/10/26/23934216/x-twitter-bank-elon-musk-2024" target="_blank" rel="nofollow">The Verge</a>, Musk noted that the proposed payment features would become available on X by the end of 2024. According to him, it would be a powerful implementation, and the people would be surprised by the extent of such powers.&nbsp; 
“When I say payments, I mean someone’s entire financial life,” Musk said.&nbsp; 
The X owner emphasized that the proposed implementation would go beyond sending money from one user to another. He noted that he plans to create a payment system that would handle all the payment needs of users, and they wouldn’t need a bank afte…
The post <a rel="nofollow" href="https://coinedition.com/proposed-x-payment-system-would-replace-bank-accounts-elon-musk/">Proposed X Payment System Would Replace Bank Accounts: Elon Musk</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Proposed X Payment System Would Replace Bank Accounts: Elon Musk

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