this post was submitted on 16 Aug 2023
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Banks are usually bound by KYC (know your customer) laws and are required to verify your identity. Imagine trusting some random third-party company with your photo ID though... Insane.
actually, two companies.
you give up your id forever to an id verification company + twitter stores it for 30 days
Well it's obvious that Musk wants X to be a bank, so this isn't unexpected.