Twitter Registers as Payments Biz

[usonian]

https://decrypt.co/114057/twitter-registers-payments-business-musk-dogecoin-gains

In a filing with the U.S. Treasury Department Financial Crimes Enforcement Network or FinCEN, Twitter has applied to become a money service business.

Twitter Payments LLC registered and filed its application as a money transmitter on November 4, 2022. The application says Twitter plans to conduct money services in the United States and several of its international territories.

FinCEN defines a money transmitter as a person or organization providing money transmission services or any other person who transfers funds.

Making Twitter a payment processor would not be Musk's first foray into digital money. In 1999, Musk founded the online bank X.com, which in 2000 was rolled into the newly founded PayPal.

The article is mostly about Dogecoin, which I do not understand. I am not going to speculate.

[highplainsdem]

1. More in the thread starting here:

Link to tweet

[tanyev]

2. He can't even manage verified checkmarks

and he thinks people are going to give him bank account and debit card info?

[usonian]

3. Sure, put your savings on autopilot.

[ananda]

8. There are many fools who will fall for this

And I think we know who they are.

[Cha]

6. LOL.. Jeff Tiedrich replies..

Link to tweet

[JCMach1]

4. Twitter is about to become Onlyfans

[TheBlackAdder]

5. Didn't Kurt Eichenwald write that his credit card, used only for Twitter, got hacked?

.

Link to tweet

.

[Cha]

7. TY.. a twitter reply..

Link to tweet

[ananda]

9. Sold

Using rhe word " extremely" twice is so trumpy.
I would definitely buy into such an extremely
great scam... lol