He's a grifter. All he needs is a routine bet from a billion people and he potentially pays back on loans. He thought it might be possible with subscription, but he's considering a way to emulate previous cryptocurrency manipulation now.
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This is also Apple's goal, strange they didn't pass the cap yet. Paypal was the first "digital" bank, we owe him that but to be honest, i won't put my money in a US entity. It is already difficult with most of the digital only EU banks.
Damn, the idiot has been loose eating Tide pods again ...
It already exists, it's called Wechat. And it's run by Winnie the Pooh.
Looks at towering pile of timelines Musk has committed to and failed to deliver on.
I've got just the spot for this news.

Fuck banks. Also, fuck whatever this is.
This guy wants to be SBF round 2. Watch. People are going to put their CASH on X.com with no regulation or anything while promising crazy returns if you jusf deposit your funds and “stake” your US dollars as a quasi-investment in X, only to have a total rug pull job with X filing for bankruptcy and all the money being unaccounted for. He will sell it as, “we have to have this money because the ADL forced all our advertisers off the platform”. Fortunately, all that’s left of the people on X.com are stragglers and the far right/nazis, so they will just lose their money.
If you are still on X, you’re supporting an anti-Semite ultra powerful billionaire plain and simple. Musk pushing all the same talking points. White genocide, Jews are the cause of their own persecution via ADL, etc. Quit giving this guy your money by engaging on his site.
The other possibility is that it’ll be like Tesla’s self driving tech that has been coming “by the years end” since 2016 and it’s just meant to drive investment. Both are equally likely. The guy is a fucking grifter to the max. I can’t believe I used to think the hyper loop was a cool/realistic vision for the future. Fuck Elon Musk.
Folks he is conning
Call themselves wolves, march like sheep
I do pity fools.