Elon Musk has announced that the new X messaging service is built on “Rust with (Bitcoin style) encryption,” claiming it will offer enhanced security for X DM users. However, this claim is confusing, as Bitcoin transactions are not encrypted but rather transparent on the blockchain, a feature central to its decentralized nature.

MORE DETAILS: https://myelectricsparks.com/elon-musk-xchat-bitcoin-style-encryption-secure-messaging-launch/

#ElonMusk #XPayments #Bitcoin #TechInnovation #SocialMedia

Jesus Christ. In some ways (very shadenfreude heavy ways), I'm keen to see X's payment system running, and then ripping off all his boot lickers, and then failing dismally. (in other ways, I know that's likely to have flow on effects that are not good for many people who hold none of the blame).

But why the fuck is Visa getting involved? That's fucking stupid.

https://fortune.com/article/elon-musk-x-money-visa-partnership-impact/

#visa #twitter #xPayments #finance

Elon Musk’s X Money partnership with Visa is a gamechanger for payments on U.S. social platforms

Visa’s new partnership with X brings fast and secure money transfers to the social media platform.

Fortune
Sources reveal that on February 7, DOGE staff gained access to all CFPB data systems, potentially gaining competitive insights for X’s payments push. 🔐💰 #DOGE #CFPB #XPayments #FinTech #DataSecurity #CryptoNews #TechTrends #PaymentsInnovation