REDDIT
elon about to launch crypto trading on X. this changes everything and nobody is talking about it
↗ https://reddit.com/r/CryptoMarkets/comments/1r65a4x/elon_about_to_launch_crypto_trading_on_x_this/
x (twitter) launching crypto and stock trading within weeks apparently
why this is massive: 500M+ users get one-click access to crypto, normie adoption - your aunt who tweets about cats can now buy btc, payment integration - x already has payment license in multiple states, competition - coinbase, robinhood, everyone should be scared,.
honestly not sure if itll work here in india. we have: 30% tax they'd need to handle, 1% tds on transactions, fiu registration requirements.
indian exchanges like coinswitch/coindcx have this figured out. does x?
what i think is:
1/ us/europe: massive adoption through x
2/ india: we'll probably be blocked or itll be useless
3/ as usual
anyone think x trading will actually work? or another elon overpromise?