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hayden_evans t1_ivuo61h wrote

🤣 Is Elon aware of things like Cash App that already exist and have been doing this shit for years with very little fanfare? Idiot is just riding Jack Dorsey’s coattails at this point. Typical Elon Musk play - buy a struggling company, claim to be some sort of “founder of it”

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karma3000 t1_ivv6kn1 wrote

So Jack Dorsey owns Square/Block/Cash App and still has a sizeable shareholding in Twitter. It would not surprise me if the two merge. And I further would not be surprised to find out that Elon and Jack have discussed this already.

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hayden_evans t1_ivv8jkz wrote

So his ultimate plan was to buy Twitter and then sell it back to Jack Dorsey at Block? That makes absolutely no sense. I doubt Jack would even buy it back - he’s smarter than that 🤣

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Best_Parfait6508 t1_ivvdx3j wrote

It seems like Jack was happy to be rid of Twitter, and the problems of making it profitable.

So I agree that he wouldn’t want it back, but if he and Musk had discussed such a deal, there would be more to it.

Or just their combined hubris would be enough to make it possible

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pleasestoptalking t1_ivw2cat wrote

He wants to copy that Chinese app WeChat to try and make every aspect of people's lives run through twitter.

> Chinese super app WeChat has more than 1 billion monthly users, according to one estimate, and is a ubiquitous part of daily life in China. Users can hail a car or taxi, send money to friends and family or make payments at stores. In 2018, some Chinese cities began testing WeChat for an electronic identification system that would be tied to users' accounts, according to the South China Morning Post.

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hayden_evans t1_ivw7h5d wrote

He’s making a very fundamental cultural and political miscalculation if he thinks the US will adopt a single app like WeChat 🤣

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[deleted] t1_ivv35a1 wrote

[deleted]

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hayden_evans t1_ivvcaeh wrote

So why is he reinventing the wheel? Both PayPal and Venmo (also owned by PayPal) do crypto payments. What’s he expecting that’s different from the 100’s of apps that already do this?

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