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Am I missing something critical here? Why would people want to send payments over Twitter (I understand it's X, but I'm using Twitter to emphasize that the pro
by TobyTheDog123 3y ago
Am I missing something critical here?
Why would people want to send payments over Twitter (I understand it's X, but I'm using Twitter to emphasize that the product is still, exclusively, a microblogging platform with some audio features).
Is it to donate to personalities? I can see that use-case, but whenever I see these kinds of headlines it seems the vision to create an "everything app" means that "peer-to-peer" payments means adding something like Venmo or Cashapp. Do people add their IRL friends on Twitter? If so, why would they use Twitter for that sort of thing as opposed to Venmo or Cashapp?
I'm genuinely curious, but to me it seems like it's a play to get hordes of cash flowing into the platform so that X can rake in interest on it for use in their own debt payments.
- refulgentis 3y agoIt's what it says on the tin, guy with too much money and like all of us, secretly wants to build The platform, is trying to build The platform.
- TobyTheDog123 3y agoBut usually, when we want to build The Platform, it at least has some unique utility or offering that would solve a real problem. But I guess that's just not the case here.
- tqi 3y agoIt's kinda hard to believe anyone would look at our hyper-polarized political climate and still want to build let alone operate The Platform...
- refulgentis 3y agoHe seems to generally enjoy it and find meaning in it. shrug
- dylan604 3y ago> secretly wants to build The platform Since when was it a secret?
- Nathanba 3y agobecause I don't have Venmo or Cashapp but I have twitter
- firejake308 3y agoI honestly think people like you are the target audience, but I don't feel like it's a huge population. And even for people like you, plugging your bank info into Twitter is only one step less than downloading Venmo and plugging your bank info into Venmo, so I don't think they're offering a whole lot of additional convenience
- mminer237 3y agoDo you often pay people who don't have Twitter or Google Pay or Zelle or anything either but do use Twitter? I would think signing up for Venmo would be about as easy as adding a payment method to Twitter and a thousand times more useful.
- Nathanba 3y agoI've literally never heard of anyone using google pay, zelle or venmo or cashapp. My prediction is that whatsapp will add payment functionality too if they dont already have it
- redserk 3y agoI’m in the US, Venmo is almost as (if not, more) ubiquitous as cash between people in my area.
- ImprovedSilence 3y ago>> I've literally never heard of anyone using google pay, zelle or venmo or cashapp But you use Twitter..? That's some crazy bubble. venmo isn't even a tech savvy thing, everyone everywhere I know that moves money between individuals or super-small business transactions (think cleaning service, girl scout cookies, club dues) uses it...
- qingcharles 3y ago
- mc32 3y agoThey better improve their account security to prevent account take-overs, else pissed off users. Don't mess around when dealing with people's money.
- throwup238 3y agoElon Musk has had ambitions to do this since X.com and the Paypal merger. He wants to make an app like WeChat that does everything for everyone.
- sidibe 3y agoThey want to make sure their money only traverses non-woke wires.
- majikaja 3y agoProstitution