Posted on 09/25/2025 7:09:13 AM PDT by RandFan
Just a heads up Freepers I heard X money is coming to the X platform soon backed by VISA and licensed in nearly every U.S. state it will allow for instant money transfers from debit or credit cards and such.
It could be a big deal and it's not easy to do this. I dont know how Elon Musk plans to integrate it but I'm sure he has plans.
Maybe FR will take it?
It sounds to me like it will be similar to PayPal. Musk was one of the original founders/backers of PayPal...
Ive noticed that a lot of places now have an option to pay througn amazon account. No need to input personal info of cards-
Just like the X phone?
It’s not that hard to do, honestly. Stripe, VISA, Discover, PayPal have done this with third parties for years. If he makes CRYPTO based, that will be a big deal.
Venmo works well
Will it be tied 1:1 to the U.S. dollar or will it be an investment opportunity like Bitcoin?
If it is an investment, how do we get in early?
That IS his company!
Yeah, I don't think it's his company either. His name is nowhere on their about page, plus;
Card payment services under the xMoney brand are provided by Capital Financial Services S.A., an electronic money institution licensed by the National Bank of Romania under authorization number IEME-RO-0001, issued on 25 April 2013.
The company’s headquarters are located at 48 Iancu de Hunedoara Blvd., Crystal Tower, 6th Floor, District 1, Bucharest, Romania.
On line bank accounts and ATM-Debit cards for people with no (or poor) credit ratings and for people living in countries with out a reliable banking or credit system.
Is that a reasonably accurate definition?
Thanks in advance for your comments.
Yes but it takes years of meticulous planning
You literally named all the big players who have been through the process
It’ll just be USD
But I suspect Crypto will be part of it in time
It’s just a form of payment not investment I think
Not really. He had a failed attempt at a company that PayPal bought. No major player in their success at all.
“Stopped reading at “Visa.”
Same here... It is VISA that needs to be replaced!
There is no reason FR could not take bitcoin & Ether right now, all that would be needed is a wallet address.
it is very easy to setup Exodus and get a wallet address for these
Yes. Exodus is excellent and user friendly
I was thinking of doing a crypto project something like an escrow system but the regulations are onerous with the licensing, fee’s and they treat you like a criminal enterprise
I see lots of bloggers and sites that have crypto donation links?
I wonder how they do it
YouTube and Google weren’t originally what they are now.
Those stay under the radar don’t they..
Right. And you didn’t invest in Youtube 1.0 and Google 1.0 with the idea that you would use them just as they were then for the rest of your life.
Stopped reading at X.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.