X Platform's Rumored Payment System: Speculation and Intrigue
A recent leak of source code has sparked speculation about the imminent launch of "X Money," a payment system for Elon Musk's X platform. While X has not confirmed the authenticity of the leaked code, the community is abuzz with questions about its potential features, particularly the integration of cryptocurrencies.
Possible Integration of Dogecoin and Bitcoin
X CEO Linda Yaccarino hinted at the launch of the payment system in 2025. The leaked code includes a line that suggests "X Money is not available in your state," leading some to believe that the system may initially be available in the United States without nationwide approval.
X has reportedly secured money transmitter licenses in 39 states, and it is speculated that X Money will initially exclude states such as New York, Hawaii, and Massachusetts.
Speculation about cryptocurrency integration stems from Musk's history of supporting digital assets. Tesla, his electric car company, accepts Dogecoin for payments and holds a substantial amount of Bitcoin. Given this context, it is natural to wonder if DOGE will be integrated into X Money.
Potential Cryptocurrency Functionality
Alex Finn, an entrepreneur and X Spaces host, has stated that "X payments in one way or another will support cryptocurrency." He emphasized the speed and convenience of cryptocurrency as factors that make it a suitable choice for the system.
Limited Rollout and Regulatory Approvals
If the rumors are accurate, X Money would initially launch in the 39 states where licenses have been obtained. Finn noted that further regulatory approvals may delay a nationwide rollout.
Uncertainty Surrounding Leaked Code
While the leaked code has generated interest, X has not confirmed its authenticity or provided details about the features of the payment system. It remains unclear whether popular cryptocurrencies like Bitcoin or Dogecoin will be included.