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Elon Musk (and others) coming for your money
CoinTelegraph
sent this email to their subscribers on January 24, 2024.
Dear Reader,
On October 26, 2023, Elon Musk made a shocking admission.
During an all-hands meeting with staff of X.com (formerly Twitter)...
The man who introduced online payments on a global scale said, in part, “you won’t need a bank account.”
What was he referring to?
Well, Musk wants to turn X.com into an “everything app”.
Part of that transformation is to bring all financial transactions to X.com.
Turning it into a global financial platform.
Why is this important?
Because Musk is not the only one who wants to transform the financial system.
Governments around the world are introducing Central Bank Digital Currency. Designed to replace the current banking system — including the ailing dollar.
Make no mistake about it…
Musk’s idea will expand financial access via X.com.
CBDCs on the other hand will likely restrict our financial freedoms.
Either way, money as we’ve known it for the past century will soon be a thing of the past.
All the more reason to trade crypto. It’s a way to make money that, if done right, can’t be touched by government intrusion.