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BREAKING: Elon Musk says the vision for X dot com began in the late nineties when only three one letter domains were still available. He wanted to build a financial crossroads that solved money through real time secure processing instead of today’s slow patchwork of banking databases.
He explains that PayPal grew from that idea, that eBay later returned the X dot com domain to him, and that buying Twitter opened the door to finally pursue the original plan at full scale.
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"People think money is power in and of itself, but it isn’t. It really isn’t. If no labor is allocated, it is meaningless. If you're stranded on an island with a trillion dollars, it's not useful because there's no labor to allocate." 一 @elonmusk
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