When your social circle can not only flaunt profit charts but also directly place orders for trading, the way finance works has completely changed—X's goal is to ignite this fire!
Brothers, remember when Elon patted his chest last year saying 'by the end of 2024, you'll be able to invest money on X'? What happened? He backed out! I could have broken my thigh! But the latest news is out, X's CEO Sister Lin (Linda Yaccarino) recently announced: 'Users will soon be able to invest or trade on X!' This promise, it’s big and round, and it seems like this time it might really be happening!
1. Core plan: The X Money wallet is the first step!
In plain words, what Elon wants to create is a 'universal app', and payments are the foundation! They plan to create a wallet called 'X Money', allowing you to transfer money to friends on X as easily as sending a red envelope on WeChat. I estimate that this thing won't land until the end of this year or early next year, why? Because it's stuck in regulatory approval! The speed at which the SEC in the U.S. approves things, those who understand know.
2. Investment/Trading? Don't rush, take it step by step!
Sister Lin's 'investment or trading' sounds super tempting, right? Buying Tesla stock? Trading Dogecoin? But! Brothers, stay calm! Elon himself has hinted that these 'advanced plays' have to wait until the foundation of X Money is solid.$DOGE to the moon, and casually clicked 'buy' under the tweet... Just thinking about this scene is exciting! But that has to be the next step, you have to eat a meal one bite at a time.
3. The big killer is here: xAI is deeply integrated!
The key point is here! In March this year, Elon 'married' his AI brainchild xAI with the X platform, creating a giant 'XAI Holdings' (valued at 113 billion dollars!). This operation is incredibly bold! What does this mean? It means that the enormous amount of chat, trending topics, and data generated on the X platform every second will be exclusively fed to xAI for training! Conversely, AI can enhance X's payment and financial functions.
Stronger risk control: AI can quickly identify fraudsters and detect abnormal transactions to protect our wallets.
More accurate recommendations: Perhaps while scrolling through posts, AI will know what coin you want to buy at the bottom or what stock you want to dollar-cost average, and directly provide you with trading entrances... It's a bit terrifying to think about but also a little exciting?
4. Challenges? There are plenty!
Burning money! Burning money! Burning money! xAI is expected to burn 13 billion dollars this year! Elon has been frantically looking for money lately (for example, raising 4.3 billion in equity). With a tighter budget, will the X payment project be delayed? I'm also worried.
Regulation is the parent! Global financial licenses are not easy to obtain, and Elon's recent relationship with the know-it-all has been like a roller coaster; once the policy direction changes, any plan could cool down.
"How fast is 'very fast'? The history of the pigeon king is there, this time saying 'very fast', I believe it, but only half! Having been in the crypto space for a long time, you have to learn 'no rabbit, no hawk'.
"So, my friends, follow me! I will be the first to reveal every move of this grand financial chess game by X, breaking it down and feeding it to you! Is it the next trillion-level entrance? Or another glamorous bubble? Let's keep a close watch! Maybe the next code for getting rich is hidden in X's next update... Follow me, don't get lost, I'll take you to the forefront of wealth secrets in the crypto and tech circles!"
