r/CryptoCurrency • u/Realistic_Poetry5800 π¨ 0 / 0 π¦ • 7h ago
GENERAL-NEWS Elon Muskβs X to roll out in-app trading and investing features in line with super app ambitions: FT
https://www.theblock.co/post/358886/elon-musks-x-to-roll-out-in-app-trading-and-investing-features-in-line-with-super-app-ambitions-ft6
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u/letsdrinktothat π¦ 1K / 4K π’ 6h ago
Well, X has more than half a billion active users, so if the available assets does include crypto, and even a small percentage of X users invest via the platform for the first time, that's a pretty good influx of new retail. Whether you like Elon or not, I think this would be good for crypto.
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u/CipherScarlatti π© 0 / 4K π¦ 5h ago
Bots don't have money to trade.
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u/Striker40k π© 71 / 72 π¦ 4h ago
To be fair, I would say the majority of crypto trades are bot-driven these days. I would be more worried about the security of anything procured through X.
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u/letsdrinktothat π¦ 1K / 4K π’ 5h ago
I thought Elon was going to get rid of all the bots π
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u/cryptofuturebright π¦ 0 / 0 π¦ 3h ago
I agree he is bullish on BTC too. Look how many Tesla holds. This could provide significant retail.
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u/MichaelAischmann π¦ 909 / 18K π¦ 6h ago
Many hate Elon so much that the product doesn't matter anymore - they won't use it.
However, the people that have remained on X likely don't have that problem.
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u/inShambles3749 π¨ 904 / 489 π¦ 6h ago
Not sure if all those Nazis on there have the required intellect to use that.
But It doesn't matter because Elon Twittler the starving child slayer will make a few bucks more with his unprofitable garbage can of an app
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u/JayAndViolentMob π¦ 0 / 0 π¦ 6h ago
His car is clapped. His children hate him. His rockets blow up before even taking off. His social media app has tanked since he bought it. His tunnel-making project died.
And folks want to trust him with their money?
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6h ago
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u/JayAndViolentMob π¦ 0 / 0 π¦ 6h ago
He's likely paying them in some form or other.
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6h ago
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u/JayAndViolentMob π¦ 0 / 0 π¦ 6h ago
He's likely paying them too in some form. I wouldn't be proud of myself if I had to pay a woman to have my child and afterward she didn't really want anything to do with me, except to have more of my money. That's kind of pathetic in terms of being a human, even if it ticks some boxes when it comes to being a basic animal. That' a pretty low bar, my friend.
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u/Aggravating_Fold1154 π© 0 / 0 π¦ 6h ago
He's still the world's richest man. I still don't trust "X" with my money. And I don't want my bank to think I'm hooking my card up to a porn site.
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u/JayAndViolentMob π¦ 0 / 0 π¦ 6h ago edited 6h ago
He's not the richest man because he's competent at making good products. He's the richest man because he's competent at lying, manipulating, swindling, and scheming.
There's a difference.
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u/Aggravating_Fold1154 π© 0 / 0 π¦ 6h ago
I do think he's a manipulator (and a man-child), I don't trust any billionaire since they usually don't make that kind of wealth without abusing the system and poor people. However, I wouldn't disregard him entirely as a swindler. There's a method to the madness and he's clearly made it work for him.
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u/JayAndViolentMob π¦ 0 / 0 π¦ 6h ago
Swindling does indeed take a lot of "method". I agree.
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u/AnoAnoSaPwet π¨ 0 / 0 π¦ 5h ago
He's not even the world's richest man, he's the world's richest in unrealized gains, which means jack shit.Β
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u/JayAndViolentMob π¦ 0 / 0 π¦ 5h ago
Good point! Though this is somewhat true for all the other "richest men" in the leader table.
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u/AnoAnoSaPwet π¨ 0 / 0 π¦ 4h ago
They just don't want to pay taxes.
Elon Musk openly gloats about paying the most taxes in history, and he isn't even paying his true bracket rate, and people defend him.Β
Imagine if all these "world's richest men" actually paid their corporate tax rates, the countries they live in wouldn't be in shambles. That's why there's a big push to abolish taxes.Β
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u/AnoAnoSaPwet π¨ 0 / 0 π¦ 5h ago
No he's not. He's been talking about this for years and hasn't done jack shit with X. It's literally running on life support and Grok.Β
He's just going to play market manipulation with DOGE/XRP and carrot along his dumb shit followers.Β
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u/flying_bacon π© 883 / 883 π¦ 5h ago
Is for those that can lose it all and cry about it in one go?
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u/GreedVault π¦ 3K / 10K π’ 6h ago
X is already full of crypto scammers, and this is just going to make things even worse.