It seems like a really bad idea to combine finances and "free speech" under one company, especially with all of the other volatility seen in US politics.<p>What if you use X Money to pay bills and then you post something the platform owner disagrees with, what would stop them from preventing your payments from going through?<p>There have been reports by some X users discovering that their account began automatically following other accounts, seemingly as part of a political agenda. (Similar things were also seen on Meta / Facebook.) Would X Money do something similar and have users automatically make a small donation ($1 or so) to a political cause or candidate?
Ultimately all large companies become banks.<p>For example, airlines likely make more money off of their credit card programs than they do with flights: <a href="https://www.cnn.com/2024/09/08/business/frequent-flyer-programs-airlines/index.html" rel="nofollow">https://www.cnn.com/2024/09/08/business/frequent-flyer-progr...</a><p>Elon just wants in.
I wonder how Wall Street feel about this. China has a complete blend between finance and tech behind their super-apps, but I don't think that's the case in the US yet.
So if I criticize Musk, he'll lock my bank account like he takes away blue checks on a whim!<p>Wouldn't touch any of this with your barge pole let alone mine.