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X partners with Visa to enable money transfers on the platform

30 点作者 macleginn4 个月前

11 条评论

hmmm-i-wonder4 个月前
This has been Musks goal for a long time.<p>But while trying to accomplish it he&#x27;s burned the goodwill and much of the public perception of Twitter&#x2F;X as a good company.<p>I certainly have a highly negative view of Twitter&#x2F;X and wouldn&#x27;t trust the platform with any financial information or using it for financial transactions no matter who its backed by, but that&#x27;s reflected in my not having a Twitter&#x2F;X account to begin with so its a moot point.
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zelias4 个月前
Here&#x27;s a hypothetical:<p>1) you put a bunch of money &quot;in&quot; this<p>2) you say something on twitter Elon dislikes<p>3) you get banned<p>4) you lose access to your money???<p>Seems like a lawsuit waiting to happen
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BearOso4 个月前
It&#x27;s because Musk got his feelings hurt. When PayPal formed, he and his money transfer idea were thrown out because he wanted to make a service doing exactly this and name it &quot;X&quot;. Many of us predicted this happening.
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simonsarris4 个月前
I was expecting Jack Dorsey to do this with Twitter and SQ&#x2F;Cash App (since he was the founder and CEO of both of them) ages ago, but it never happened. One of the most baffling losses of steam and vision in my life to watch him do so little for so long.
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ttoinou4 个月前
It’s a mystery to me why Meta &#x2F; Facebook failed to integrate native payments into their products. They had 10 years and carte blanche to do it, but nothing happened. And what happened to Libra ?
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josefritzishere4 个月前
And here I was thinking the main point of social media was socialization.
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throwaway484764 个月前
Partnering with visa is not an alternative. This does nothing for the issues of debanking and financial censorship.
ChrisArchitect4 个月前
Earlier: <a href="https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=42854715">https:&#x2F;&#x2F;news.ycombinator.com&#x2F;item?id=42854715</a>
beardyw4 个月前
Maybe it&#x27;s an American thing, but I really can&#x27;t see the point of this. Or PayPal.
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imtringued4 个月前
This makes no sense. Elon Muk hase nough money that he doesn&#x27;t need to partner weith Visa at all. Especially in the EU all he has to do is acquire a license for an E-Money Institute.<p>This is nothing but a glorified patreon or twitch subscription.
superkuh4 个月前
And this is the functionality that makes social media sites worth it for the vast majority of people. They are there following people who are there to make money. The vast majority of people involved in social media are primarily or secondarily there because of money. So this move makes sense.<p>And that&#x27;s why decentralized, federated, or whatever social networks will never gain a large scale (&gt;1 million or so) users. The governments of the world will never allow non-corporations to provide the money transfers necessary for people to &quot;make a living&quot; on such sites. That&#x27;s not a bad thing, but it does mean tha &quot;alternative&quot; social media really needs to stop chasing these kinds of users.
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