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Technology@lemmy.worldEnglish · 10 days ago

Big Tech Wants to Become Its Own Bank

cross-posted to:
technology@lemmy.zip

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Big Tech Wants to Become Its Own Bank

Pro@programming.dev to

Technology@lemmy.worldEnglish · 10 days ago

cross-posted to:
technology@lemmy.zip

To the dismay of Elon Musk and Mark Zuckerberg, the law currently prevents Big Tech companies from opening banks. But if Congress passes the GENIUS Act, tech firms may start issuing private currencies and forcing us to use them.

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10 days ago
No one is being "forced"to do anything. What a bullshit, psyop article.

You are forced to use the US dollar though. Or not be able to buy anything.

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