Great read in Business Insider! Will Twitter be a super-app? Musk certainly does know how to pull off hard things, like launching a new car company and rockets. So while I don’t count Musk and Twitter out, there is a long, hard road ahead of them to become a super-app. By the way, one problem is trust. Do you trust Twitter with your money? Right now, that answer is a clear no for most people.
My quote:
“I think the strategy’s wonderful,” Richard Turrin, a fintech consultant and author of the book “Cashless,” told Insider in April. “I just think that the implementation will be longer and harder than most make it out to be because suddenly you’re entering the payment and finance world and that has a whole lot of issues, including the fact that KYC has to be more than the blue check mark.”
Link to full article: here
Subscribe to the Cashless Newsletter!