Post by account_disabled on Feb 19, 2024 7:20:02 GMT
X's large audience, drawn from all walks of life and from both developed and emerging markets, will not pay. And unless X refocuses its subscription effort on offering users more value for money, it won't work, especially as a short-term prospect. Again, over a longer period of time, with more development time and more offerings tailored to user desires, this could be a viable path. But as it stands now,
Subscription momentum will decline as X tries to latestdatabase.com make up for latestdatabase.com lost ad revenue. “Everything app Vision” At the center of Elon Musk's "everything app" vision is the low cost of transactions such as in-app payments, shopping, banking and fund transfer. Musk may have knowledge in this area from his experience at PayPal; However, obtaining the necessary approvals and licenses is a process that will take time, and may even take years.
It seems like it will take a long time for X to provide payments at the scale Musk envisions. Musk's constant criticisms of key institutions and governments will not help in this process. Additionally, X now has 80% of its previous number of employees, which means development processes need to be carried out by fewer people. Although it is predicted that X will make some progress in payment systems by the end of 2024.
Subscription momentum will decline as X tries to latestdatabase.com make up for latestdatabase.com lost ad revenue. “Everything app Vision” At the center of Elon Musk's "everything app" vision is the low cost of transactions such as in-app payments, shopping, banking and fund transfer. Musk may have knowledge in this area from his experience at PayPal; However, obtaining the necessary approvals and licenses is a process that will take time, and may even take years.
It seems like it will take a long time for X to provide payments at the scale Musk envisions. Musk's constant criticisms of key institutions and governments will not help in this process. Additionally, X now has 80% of its previous number of employees, which means development processes need to be carried out by fewer people. Although it is predicted that X will make some progress in payment systems by the end of 2024.