Elon Musk's X begins its push into financial services with Visa deal

It seems like a really bad idea to combine finances and "free speech" under one company, especially with all of the other volatility seen in US politics.

What if you use X Money to pay bills and then you post something the platform owner disagrees with, what would stop them from preventing your payments from going through?

There have been reports by some X users discovering that their account began automatically following other accounts, seemingly as part of a political agenda. (Similar things were also seen on Meta / Facebook.) Would X Money do something similar and have users automatically make a small donation ($1 or so) to a political cause or candidate?

Ultimately all large companies become banks.

For example, airlines likely make more money off of their credit card programs than they do with flights: https://www.cnn.com/2024/09/08/business/frequent-flyer-progr...

Elon just wants in.

I wonder how Wall Street feel about this. China has a complete blend between finance and tech behind their super-apps, but I don't think that's the case in the US yet.

So if I criticize Musk, he'll lock my bank account like he takes away blue checks on a whim!

Wouldn't touch any of this with your barge pole let alone mine.

payment recipient is "fully verified"?