I have no doubt he is just the front man for something very large.

Yes, it's the same stuff all over again, but with a new name.

Rolling out the same time as FedNow, coincidence? 🤔

Because a protocol means openness and cooperation. Controlling a large portion of the world's communications and transactions means massive profit, access to huge amouts of data and leverage. Why do centralists centralize? Power.

It is insanely ignorant and/or arrogant. The solution is right in front of him. Just use it and let humanity innovate and flourish. Maybe it is just all greed? Greed is a hell of a drug.

Billionaires are banking on lobbying and policy making to maintain status quo or at least protect their wealth. I see how this will be a tough transition for general public to trust in themselves to manage their money. We have had thousands of years of custody providers like banks. The Psyche is not...

Elon has built himself up as a modern day emperor

He loves buying companies who have already developed a good business and then makes it bigger. You can’t buy a protocol…

Maybe bc he’s a normie.

What's worse is that even if he succeeded with making it work for some people, he would probably get distracted and abandon whatever was starting to stabilize.

https://cdn.nostr.build/i/3af3502ac445717078611d4d50104f960448818cc07bd91714416efed59f6066.gif

Rhetorical, right? Because he can make significantly more off you in a closed system.

I think he just wants to see the highest revenue numbers possible. Open protocols aren't benefiting the company as strongly I suppose.

I am hapoy he is not on nostr😎

I thinks needs to be probably because of the shareholders. Maybe this strategy will be used as an example in the future of how to not doing things this way.

Elon is a hostage so he constantly tries to prove that he is not!

I wouldn’t stress it. Not gonna happen under X.

I think Elon Musk is just a marketing genius. I don’t think he is as smart as people think he is.

Were CBDCs just misdirection for the X world coin? 😂

Ego

📠 Had that happen to me, and they take your funds, then lock you out.

It's pretty clear Elon doesn't believe in digital sovereignty (just look at Tesla's, Tesla maintains full control of your vehicle after you "buy" it). Complete speculation here but as he's obviously a smart guy so I assume he's thought about it and it and it seems like his view is that there will ...

Because he wants power over the plebs.

Moving X onto nostr would be a win win. Would be the same app with all its problems, but could retain users and (approved) content while letting users speak freely (on the wider protocol) and transact freely. Appease the overlords without kneecapping the people. On board many to bitcoin and decentra...

He made the worst business decision of his live acquiring Twitter. He is trying to remediate it and for that he needs to control every single penny.

Protocols are the antithesis of companies

He has to plug in a very large userbase from day #1. Protocols not able to assist

He's a govt subsidized career charlatan and snake oil salesman Controlled opposition to cajole you into dystopian hell

Remarkable in fact… 🤔

Power

I still have faith