From DC Enquirer:
Elon Musk to the Rescue?: Billionaire Says He’s ‘Open’ to Buying Silicon Valley Bank Following Collapse, Could Make Twitter a Digital Bank
On Friday, Twitter CEO and billionaire Elon Musk said that he would be open to purchasing Silicon Valley Bank after the institution collapsed
Razer CEO Min-Liang Tan wrote on Friday, “I think Twitter should buy SVB and become a digital bank.”
In response to this, Musk tweeted, “I’m open to the idea.”
I’m open to the idea
— Elon Musk (@elonmusk) March 11, 2023
He got his start with digital banking - X.COM which merged with Confinity to form PayPal.
I do not like the idea of a worldwide digital currency supplanting our traditional banking system but having an alternative payment method is not a bad thing. A non-WOKE paypal...
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