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294 sats \ 0 replies \ @ek 23 Jun freebie
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112 sats \ 6 replies \ @vigilantcitizen 23 Jun
Elon's play is to try to turn X to WeChat - he's been forecasting this for a while. WeChat integrates with the Chinese banking system to make micropayments - its ability to be an "everything app" allows it to take lower transaction fees than the average in the United States when it comes to interchange fees. I suspect Elon will make a similar play with "X payments" or whatever. If he succeeds, it'll unfortunately likely to be an easy-to-track, custodybank payment network that has the added bonus of being tied to your social identity and communications.
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55 sats \ 4 replies \ @freetx 23 Jun
I'm not convinced a large percentage of Western users want an "everything app" - certainly not a deep integration between banking and social media.
I think western tech companies have been bamboozled by the cultural differences between Chinese and Western users and don't realize that just because its a hit in China, doesn't mean its going to be a hit here....
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31 sats \ 1 reply \ @SilkyNinja 23 Jun
I share your optimism, but I also wonder if we underestimate the population who use Venmo “socially.”
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26 sats \ 0 replies \ @vigilantcitizen 23 Jun
I've been surprised by how many people leave Venmo privacy public by default
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21 sats \ 0 replies \ @ways_wilderness 24 Jun
The sheeple might not want it, they'll be pushed & coralled into using it anyway...
At least that is the plan!
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0 sats \ 0 replies \ @Bell_curve 24 Jun
Including league of legends lol
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0 sats \ 0 replies \ @guts 23 Jun
You summed it up well, even Elon is quiet when it has been called out about an Israeli firm managing users identification. X is a psyops honeypot.
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21 sats \ 0 replies \ @Car 24 Jun
Elon to Twitter users, "Communism for thee not for me."
Lol, honestly a lot of Bitcoiners on there will welcome it with open arms.
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100 sats \ 1 reply \ @Hamstr 23 Jun
He's such a bad human, don't buy his car, don't use his platform, don't listen to whatever bull. He's not good at all.
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0 sats \ 0 replies \ @Car 24 Jun
few
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0 sats \ 0 replies \ @030a29f333 24 Jun
Nostr
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0 sats \ 0 replies \ @16d86e9daa 24 Jun
i thought he company told regulators in Maine this year that it has no plans to let users send and receive virtual currencies
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0 sats \ 0 replies \ @BitcoinIsTheFuture 23 Jun
He has his own motives as always. Follow the money trail!
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0 sats \ 0 replies \ @Coinsreporter 23 Jun
Elon is a smart guy. He wants something that he can take over later on.
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0 sats \ 0 replies \ @030e0dca83 23 Jun
Is he going to let the doges out?
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0 sats \ 0 replies \ @beorange 23 Jun
And that's a good thing. X sucks, the concept of "an everything app" sucks for everyone except the owners of such app, a large part of the crypto market sucks.
It would be wiser to embrace the open web and neutral tools (such as Bitcoin) to build a truly useful app. He chose to opposite direction, those 40 billion dollars he spent on that piece of crap that was Twitter, should be assumed as lost.
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0 sats \ 0 replies \ @siggy47 23 Jun
Of course it does
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