- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
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That sound you just heard, was the rustle as hundreds of financial regulators around the world leant forward just a little.
I regret I have but one upvote to give. Well done!
It’s all about PayPal, isn’t it?
Holy fucking shit.
PayPal is Musk’s Obama burn.
PayPal shitcanned him because he’s a fucking idiot so he takes that money, gets SpaceX going and memes Tesla to success by sheer accident. At the point everyone’s thinking he’s “Rill Loaf Toony Sturk” he’s STILL fucking boiling that PayPal canned him because he’s actually terrible at everything. He then proceeds to start sniffing his own farts, building rescue submarines that would never work, calling people “pedo guys”, impregnating every woman that will take the payoff to have his moron seed implanted in them, moving to Texas and wearing a fucking cowboy hat to show how much of a REEL MAYUN he is (despite the fact that fucking nobody wears a cowboy hat in this state outside of actual cowboys and people that want to announce that they’re fucking idiots to everyone).
He renames Twitter to X so trigger his nostalgia balls and then a few months later announces he’s going to replace banks with X. Which would also, theoretically, replace PayPal.
He really is nothing more than a little bitch that happens to have money.
Ha, I didn’t even think of the PayPal connection, but now that you mention it, he’s exactly the sort of petty manchild that that sounds plausible. He might figure that it’d be a nice double whammy: he can finally get even with those fucks at PayPal who didn’t see how brilliant he is, and it’d help keep Twitter afloat so he can feel like he’s not a complete failure.
impregnating every woman
Inseminating; the majority of Musk’s spawn was conceived with IVF. Musk does not fuck
Musk does not fuck
There’s a sentence I did not expect to read today, but kinda did expect to read someday.
You didn’t think of the PayPal connection? You didn’t read the article at all either I guess?
I absolutely did not read it, the headline tells me enough and I can think of several more pleasurable activities than reading an article about Musk, such as shoving red hot needles under my fingernails
“I didn’t bother reading the thing or learning the basics, but I’m going to comment anyway and pretend I didn’t want to do it”
At least I’m not a judgemental twat to random people on the internet , so I guess I have that going for me. Just because I didn’t think to connect Musk’s PayPal history with this move doesn’t mean I don’t know about it, you know?
Why is it always the kbin users, I swear
I really don’t think it’s much to ask people to read the damn article before they start blathering their opinions on it. And not doubling down on being intentionally ignorant.
If we spent our lives reading every musk article shoved into our feeds we’d all starve from having no time to eat
I dont know how anyone can know who Musk is without knowing about that Paypal douchebaggerie
I think most people just know him from tesla/spacex/cryptobro/pedo accusation submarine/hyperloop or some subset of that.
Really? Lol, no.
I like my money in a bank. Somewhere that has those “pesky” regulations that keep me from getting (too) screwed over.
commie
/s
If this ever comes out and you actually put your money in it, you deserve whatever fuckery happens to it. I’m sorry, but I’m completely out of empathy for Musk’s fans.
In my country, your birth certificate has both your deadname and your new name on it if you changed your name. When I signed up for PayPal, I had already transitioned, so I put in my current, legal name. PayPal asked for proof that I am who I claim to be, to prevent fraud. Fair enough, I gave them my birth certificate. They looked at it, and then changed the name on my account to my deadname, which was no longer my legal name. When I told them to change it back, they said I’d have to submit a change of name form.
I knew Musk was transphobic sooner than most of the public did after that experience.
Don’t think this is necessarily connected to Musk though. Like, I had similar experiences with most institutions and some banks still fuck up my name. Musk probably has zero say in this. But yeah, I avoided for a long time to change my name on PayPal for this exact same reason. When I did update my name this year it did work out great however. PayPal didn’t ask me for any proof and it was a smooth experience.
Musk faces major challenges to get there, though. Convincing people why they need such a platform is one. Getting them to trust X with their entire financial life is another.
It’s less about trusting X but trusting Musk. Trying to make an “everything app” with him in charge just feels dystopian.
Trying to make an “everything app” with him in charge just feels dystopian.
Trying to make an “everything app” at all, whoever is in charge, is dystopian. Given the conspiracy theorists’ general alarm at new world order, one world government type scenarios it’s a wonder he isn’t pilloried for this by the same mad bastards who advocate for him instead. Maybe he is and I just haven’t kept up
Musk isnt Teh Gummint so he cant be part of Teh Ner Werld Erder
Yeah, so why is Bill Gates 5G microchip the conspiracy? Why not Elon Musk Starlink Neuralink? There is an actual evil mad scientist selling the technologies they are actually scared of, why don’t they just point their fears at the actual danger?
Sir, we do not try to understand the reasoning of people who did not reach their ideas though reason.
That sounds dangerous. Most people don’t reach their ideas through reason. I don’t want to lose empathy for all humanity no matter how ignorant they are.
Welll they have no empathy at all for you so I guess you take your chances
Sure, let me give all my money to the broke billionaire with the bad investment history - what could go wrong?!
I just feel like musk wants a western version of wechat for a hybrid user base of hardcore republicans and hardcore libertarians. That seems like such a fundamental oxymoron… but here we are.
And in fact, I hate to say it, but given how good those groups of people are at bending reality and making themselves conform to a warped capitalist standard, it might just work out for a while. But more than likely it’ll probably also go the way of “trump bucks” or whatever those psycho-loyalist cryptocoins were called. Basically it’ll end up a big old miserable fraud.
The again if it’s Elon’s coin on the table I’m not so sure I care. He’s just ruining spacex, tesla, et. al. Let him bleed money.
What’s genuinely sad is that the people who can’t bail from twitter quickly will be spitroasted by musk in the process.
Elon literally wants an underclass of peasants that owe him money so he can ship them off to Mars and act as his indentured servants.
https://theblemish.com/2020/01/elon-musk-just-invented-space-slavery/
The man is a fucking idiot.
What’s genuinely sad is that the people who can’t bail from twitter quickly will be spitroasted by musk in the process.
It takes two to spitroast.
Even before Musk I wouldn’t have trusted Twitter with my finances or even just my credit card.
Warning: US-centric semi-relevant rant inbound
As a hardcore online banker: I don’t want another fucking bank. I want the actual problem that is the slow-ass ACH network (looking at you NACHA) to be solved. Online banking was as perfect as it was going to get under Simple until they sold out.
While I’m on a rant: fuck companies that sell out. Fucking tired of amazing companies kicking ass in their field selling out. That goes for Simple → BBVA, ONE Finance → Walmart, Truebill → Rocket.
Shit man. I’m a programmer and I just want to write my own bank at this point, but that won’t happen because I’m not a multimillionaire.
Seriously I asked ChatGPT how to solve this shit and it just said “use personal finance apps” but okay? They all suck. Whose dick I gotta suck for instant ACH (remember Dwolla?), multiple checking accounts and an automated “money manager?” And don’t give me “pOCkeTs.”
You’ve described a big part of why I hate startup culture. “Let’s build cool thing then sell it to a huge company and get rich.” I’m never doing it again, such a waste of time and energy.
Simple selling to BBVA was shit. Simple was never my main bank, but it was a nice, simple service. That was free. Then they moved to BBVA, which almost immediately got bought up by PNC, and then PNC started charging monthly fees. Closed my account before the first fees hit.
I still have a Varo account. Surprised that hasn’t gotten vacuumed up yet by one of the traditional banks.
I’ve looked at Varo a few times but each time I’m always like “nah” and never take the plunge.
These days I’m rocking Betterment. I’ve got two checking accounts but I didn’t realize both would be tied to the same debit card as a toggle; lame.
Maybe it’s time to give Varo a chance.
Isn’t that what FedNow is?
It’s been a hot minute but IIRC it’s “next day” or “same day” but opt-in on the bank’s side. And of course a bank will never tell you flat out what they use.
I might be petty on this topic. Many times in my life I’ve been screwed due to slow/unpredictable transfers and I go into a research frenzy but I quickly forget the results of said frenzy.
I’m also comparing this to like, what other countries have. Recently I discovered that in the Philippines you can instantly move funds between two debit cards simply by using the card details. It’s like the Visa/Mastercard proprietary P2P stuff (think Cash App) but at the bank level (ACH).
Canada has had e-transfer for ages. You can securely transfer cash to anyone in the country using their email address or phone number. If you have auto-deposit enabled it’s instant, too.
Oh, and it’s free. It only costs money if you use the e-transfer system to request money from someone (for obvious reasons.) And even then, it’s only like $1ish.
The US not having a system like that is frankly ridiculous.
Hard agree. I always hear about how easy it is in other countries and get so jealous.
Ugh, I miss Simple so much. I was alright with ONE until they stripped the virtual card function from pockets… What is the actual point of Pockets now if I have to transfer the money directly back to my main checking area??
I ditched ONE pretty quickly after they sold out. A few times I’ve logged in just to see what’s up and the UI sure went to hell. I always knew it was just a wrapped React app but now it’s like they’re not even trying. The Walmart color scheme was a hasty change that seems to break a lot too.
I wish they’d support Webauthn or 2FA with the QR rather than the 2012-era SMS/email code. Why would I want SMS/email OTP codes for a bank? Seriously guys you’re like 10+ years too late but I guess a lot of other websites think this is “modern” too lately. 🙄
Have you found any other decent online-centric banks to switch to? I’ve been wanting to switch away from ONE for pretty much the reasons you listed, but through a basic search I didn’t see anything else to was too appealing to me.
And the 2FA thing is ridiculous, at one point they didn’t actually have the email option (or it was very well hidden) - had a bit of a rough month at some point and wasn’t able to pay my phone bill which got it suspended, I also happened to have my card locked and got kicked out of the app so… I couldn’t unblock my card to pay the phone bill, which I needed to get the 2FA code to login in… Ended up having to reach out to support and they were able to show me how to request a 2FA code over email.
This wouldn’t even be a problem with most sites because I always use TOTP/Webauthn via my Yubikey when I have the option, and for something as critical as my bank account I really do not want SMS/Email to be an option for 2FA (I get why they have it, but I’d like to be able to turn it off for my account).
Not really. I love Betterment to death but they’re more geared toward investing (which is fine). I do know they use nbkc and have only heard good things about them; maybe give them a shot?
Interesting, I will have a look at them - thanks!
Hahahahahahahaha.
Hmm, this seems like the sort of addition where it might have been nice to have a bunch of world leading developers and designers hanging around. Seems odd to fire them all if this was the plan.
Indeed that does seem like the sort of mistake that someone who made the largest purchase of thier life after staying up alll night playing Elden Ring would make, but i’m sure it was really a cunning 5d chess move and not evidence that our overlords who are born into wealth are just as dumb as the rest of us.
Oh they’re not as dumb as the rest of us, that’s the scary thing. They’re even dumber.
Sometimes I wonder if he’s doing it on purpose. Like, this has to be a joke, right?
The level of absurd stupidity from someone who’d once seemingly tricked us all into thinking he was really smart is just… baffling.
from someone who’d once seemingly tricked us all into thinking he was really smart
Well, …
You need to watch Glass Onion
Indeed that does seem like the sort of mistake that someone who made the largest purchase of thier life after staying up alll night playing Elden Ring would make
Hey, playing Elden Ring takes some skill and dedication. Did you see the build he put on Twitter that time? It was hilariously stupid. In fairness, maybe he was playing all night with it just to get past very basic foes.
“Unless you give us all your money to put in our new bank, we might be facing insolvency issues.”
Yes. Also commenting on your Dig Dug icon, which I love!
Oh hell no. I’ve seen how he manages his money. Like fuck I’m letting him anywhere near mine.
I don’t even trust most banks. I like my credit union, thank you very much.
Is he trying to morph a social media company into the financial services company he didn’t get to build in 1999 because the board threw him out?
Yes, did you read the article? He says exactly that.
I’m going to let some impulsive rich brat who paid $36B too much for a social media company, only to tank it and transform it into his own personal political misinformation machine to handle all my finances? Riiiiight.
Well he can fuck right off. The moron strikes again with yet another in a long line of “no one asked for this bullshit” features that hopefully completely destroys his $44,000,000,000 toy.
Why would I ever want to bank with Twitter, especially while that mentally unstable idiot owns it?
