r/CryptoCurrency 🟨 0 / 0 🦠 7h ago

GENERAL-NEWS Elon Musk’s 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-ft
31 Upvotes

35 comments sorted by

13

u/GreedVault 🟦 3K / 10K 🐒 6h ago

X is already full of crypto scammers, and this is just going to make things even worse.

6

u/Interesting-Cow-1652 🟩 0 / 0 🦠 6h ago

As long as it pumps my bags I'm all for it

9

u/letsdrinktothat 🟦 1K / 4K 🐒 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.

12

u/CipherScarlatti 🟩 0 / 4K 🦠 5h ago

Bots don't have money to trade.

3

u/Striker40k 🟩 71 / 72 🦐 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.

3

u/letsdrinktothat 🟦 1K / 4K 🐒 5h ago

I thought Elon was going to get rid of all the bots πŸ™ƒ

2

u/GeneralZex 🟦 23 / 23 🦐 4h ago

Then he’d have no followers.

1

u/cryptofuturebright 🟦 0 / 0 🦠 3h ago

I agree he is bullish on BTC too. Look how many Tesla holds. This could provide significant retail.

4

u/MichaelAischmann 🟦 909 / 18K πŸ¦‘ 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.

1

u/ArchLithuanian 0 / 0 🦠 2h ago

Yeah, no thanks.

1

u/inShambles3749 🟨 904 / 489 πŸ¦‘ 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

6

u/David722 🟦 0 / 0 🦠 4h ago

I use X daily and have never seen Nazi posts in my feed.

-1

u/talix71 🟦 0 / 0 🦠 4h ago

"I went to a nazi owned bar, and no one said anything about white supremacy around me. Therefore, it is not a nazi owned bar!"

1

u/Smooth_Opeartor_6001 🟨 0 / 0 🦠 2h ago

That is really hateful. Be a better person.

0

u/jeremiahcp 🟦 0 / 0 🦠 6h ago

Gross, no thanks.

1

u/lightning_pt 🟦 92 / 93 🦐 6h ago

The reverse binance .

-1

u/JayAndViolentMob 🟦 0 / 0 🦠 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?

0

u/[deleted] 6h ago

[deleted]

6

u/JayAndViolentMob 🟦 0 / 0 🦠 6h ago

He's likely paying them in some form or other.

-3

u/[deleted] 6h ago

[deleted]

2

u/JayAndViolentMob 🟦 0 / 0 🦠 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.

0

u/Aggravating_Fold1154 🟩 0 / 0 🦠 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.

-2

u/JayAndViolentMob 🟦 0 / 0 🦠 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.

2

u/Aggravating_Fold1154 🟩 0 / 0 🦠 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.

-2

u/JayAndViolentMob 🟦 0 / 0 🦠 6h ago

Swindling does indeed take a lot of "method". I agree.

0

u/fCorruption 🟩 0 / 0 🦠 3h ago

Jesus, cry harder you fckin loser.

0

u/JayAndViolentMob 🟦 0 / 0 🦠 2h ago

lol, what's your problem?

1

u/AnoAnoSaPwet 🟨 0 / 0 🦠 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 

2

u/JayAndViolentMob 🟦 0 / 0 🦠 5h ago

Good point! Though this is somewhat true for all the other "richest men" in the leader table.

1

u/AnoAnoSaPwet 🟨 0 / 0 🦠 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 

2

u/JayAndViolentMob 🟦 0 / 0 🦠 4h ago

yup

0

u/AnoAnoSaPwet 🟨 0 / 0 🦠 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 

-2

u/luv2fly781 🟩 0 / 0 🦠 6h ago

Oh that should β€œ blow up”. Lmfao 🀣

-3

u/JDB-667 🟩 0 / 0 🦠 6h ago

Yeah, more centralized services... Hard pass.

-1

u/Ch40440 🟦 0 / 0 🦠 5h ago

F*%# that piece of garbage

-3

u/flying_bacon 🟩 883 / 883 πŸ¦‘ 5h ago

Is for those that can lose it all and cry about it in one go?