Snippings

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“Even sophisticated investors have been completely incapable of doing any kind of management of private keys,”

From As Bitcoin Prices Swing, Millionaires Lose Sleep Over Lost Keys – The New York Times.

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A forecast on contactless payments by analyst firm Juniper Research estimates that global contactless transaction values will triple from $2 trillion in 2020 to $6 trillion in 2024.

From How Banks Can Keep Big Techs from Dominating Contactless Payments:

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In all dating markets, apps appear to be most helpful to the highly photogenic.

From Young People Are Having Less Sex – The Atlantic:

No shit, as they say, Sherlock.

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All of this data, the videos, the images, the posts, the metadata (including the GEO location of all images and videos, and the connections to the accounts that posted it, has been (since midnight) being uploaded to various cloud drives and storage arrays for the purposes of Archiving this information, for later retrieval by law enforcement, by the public, by Open Source Intelligence communities.
And the kicker.. is this: all of this information was thought to be secure and private by individuals who were making the posts. A significant number of those individuals went through the process of being a “Verified Citizen” on Parler. What does that mean?
It means they uploaded a picture of the front and back of their REAL State Driver’s License…….. Let that sink in for a second.

From All Parler user data is being downloaded as we speak! : ParlerWatch:

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There is no doubt that internet giants need to be scrutinized and regulated. But the Standard Oil or AT&T approaches might not be the most efficient as tech companies are making tweaks to the way that their systems work.

From The Antitrust Quagmire. The all-out offensive against Big Tech… | by Frederic Filloux | Dec, 2020 | Monday Note:

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Social media is not real life, until it is.

From The first phygital coup – Margins by Ranjan Roy and Can Duruk:

This is a mimetic echo of Marshall McLuhan’s wholly accurate prediction generations back that first we shape our tools, then our tools shape us.

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he digital yuan hard wallet resembles a conventional smart card and allows users to store and make contactless NFC payments with the digital currency without needing to use a digital wallet on a mobile phone.

A small screen embedded in the card enables them to view their card balance and payments record.

From PBOC pilots contactless cards and wearables that let consumers make payments with China’s digital currency • NFCW:

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Our letter removes any legal uncertainty about the authority of banks to connect to blockchains as validator nodes and thereby transact stablecoin payments on behalf of customers

From US regulator: Federally chartered banks can facilitate stablecoin payments, issue their own – The Block:

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There is a demand for a non-intermediated, direct payment asset, and crypto can serve that function. That is why stablecoins, such as crypto assets pegged to the dollar, have proven of enduring interest.

From Bitcoin Hits New High, But Cryptocurrency’s Future Is Uncertain – Bloomberg:

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okens offer “out of the box” functionalities that strongly support the transaction of digital values. They enable instant and atomic exchanges, creating new possibilities to conduct delivery versus payment (DvP) and payment versus payment (PvP) transactions. Tokens are expected to be the standard for payments in the internet of things (IoT) and other machine-based applications.

From CBDC and Technology: Enabling blockchain to drive change | Accenture Banking Blog:

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