X's New Plan: Tracking Money Moves in Real Time

X, the social media platform led by Elon Musk, is introducing a new feature called "Smart Cashtags." Set to launch next month, this tool will allow users to monitor crypto and stock prices in real-time.

A Sneak Peek at the Future

A leaked preview suggests an exciting possibility: buying and selling directly within the app. However, details on how this will work and when it will be available remain unclear.

Not X's First Rodeo

This isn't X's first attempt at integrating finance. Last year, they introduced a similar feature, but it was short-lived. The new version promises more functionality, including:

• Insights into public sentiment around investments.
• Links to news about the companies behind the stocks or crypto.

Musk's Vision for an All-in-One App

Musk envisions X as an all-in-one platform, and adding financial services is a major step toward that goal.

Controversy and Concerns

Some in the crypto community accuse X of favoring certain users while allowing spam to dominate. Nikita Bier, X's head of product, dismisses these claims as a myth. Musk has also announced plans to make the app's algorithm transparent, which could address some concerns.

Licensing and Payments

X has been working on securing the necessary licenses for handling money, including crypto. However, it's still uncertain when—or if—users will be able to make payments through the platform.