He wants you to use X like you would use your credit card.

I should have seen this coming.

That same year, Musk co-founded X.com, a direct bank. X.com merged with Confinity in 2000 to form PayPal. In October 2002, eBay acquired PayPal for $1.5 billion. (wikipedia)

Aw man, he’s trying to build Paypal? Again?