{"id":74988,"date":"2026-03-05T13:04:41","date_gmt":"2026-03-05T13:04:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=74988"},"modified":"2026-03-05T13:04:41","modified_gmt":"2026-03-05T13:04:41","slug":"chamath-palihapitiya-says-elon-musks-x-money-could-turn-social-profiles-into-crucial-financial-asset","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=74988","title":{"rendered":"Chamath Palihapitiya Says Elon Musk&#8217;s &#8216;X Money&#8217; Could Turn Social Profiles Into &#8216;Crucial Financial Asset&#8217;"},"content":{"rendered":"<div>\n<p>Silicon Valley investor <strong>Chamath Palihapitiya<\/strong> is signaling a massive shift in the global financial landscape, claiming that the integration of \u201cX Money\u201d will transform the social platform into a dominant financial system.<\/p>\n<h2 class=\"wp-block-heading\"><strong>The End Of Traditional Banking?<\/strong><\/h2>\n<p>The commentary follows a detailed analysis from <strong>Teslaconomics<\/strong>, which outlined <strong>Elon Musk<\/strong>&#8216;s progress in turning X into a \u201cone-stop\u201d financial hub. <\/p>\n<p>According to the report, X has already secured money transmitter licenses in over 40 states, <a href=\"https:\/\/www.benzinga.com\/25\/01\/43376448\/elon-musks-x-money-to-see-about-600-million-active-monthly-users-via-visa-direct-integration\">partnered with<\/a> <strong>Visa Inc. <\/strong><a href=\"https:\/\/www.benzinga.com\/quote\/V\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"V\" data-exchange=\"NYSE\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/V\">V<\/a>), and is currently running an internal beta of a wallet designed for peer-to-peer payments and high-yield savings.<\/p>\n<p>Responding to these developments, Palihapitiya noted that the true value lies in the platform\u2019s social graph. \u201cIf even 10% of this is true,\u201d Palihapitiya stated, \u201cyour identity on X becomes a crucial financial asset.\u201d <\/p>\n<p>He suggests that as X integrates banking features, an individual\u2019s \u201cdistribution\u201d\u2014their following and content\u2014will become a metric that others will underwrite for investment.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter ...&lt;\/p&gt;&lt;p&gt;&lt;a href=https:\/\/www.benzinga.com\/crypto\/26\/03\/51059052\/chamath-palihapitiya-says-elon-musks-x-money-could-turn-social-profiles-into-crucial-financial-asset?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel alt=Chamath Palihapitiya Says Elon Musk's 'X Money' Could Turn Social Profiles Into 'Crucial Financial Asset'&gt;Full story available on Benzinga.com&lt;\/a&gt;&lt;\/p&gt;&lt;\/div&gt;&lt;\/body&gt;&lt;\/html&gt;\"><\/figure>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Silicon Valley investor Chamath Palihapitiya is signaling a massive shift in the global financial landscape, claiming that the integration of \u201cX Money\u201d will transform the social platform into a dominant financial system. The End Of Traditional Banking? The commentary follows a detailed analysis from Teslaconomics, which outlined Elon Musk&#8216;s progress in turning X into a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-74988","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74988"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74988\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}