⚡️Elon Musk is back with a new trick: "X" is planning to launch a peer-to-peer payment platform
⚡️Elon Musk is back with a new trick: "X" is planning to launch a peer-to-peer payment platform
...and thus conquer the global P2P market, which is currently valued at $2.21 trillion according to Precedence Research. It is expected to grow at an annual rate of 18% until 2032, reaching a value of $11.62 trillion USD.
🔣 The announcement was made by the social media platform itself on Tuesday, although no technical details were provided.
🔣 Surprisingly, the project is based on a Chinese concept: Musk was very impressed by the Chinese app WeChat, which could be used as a messenger, payment platform, and social network.
🔣 ...but in reality, Musk is just being true to himself: let's not forget that the name "X" goes back to X.com, the internet bank founded by Musk in 1999... yes, the same one that became PayPal in 2001.
That's what we call consistency. Impressive, isn't it?
#news #world_wide
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