home.social

#digital-wallet — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #digital-wallet, aggregated by home.social.

fetched live
  1. The Sneaky Attempt to End Cash

    https://www.youtube.com/watch?v=1CZspAptXwQ

    The End of Cash | Plain Meaning

    On August 7th, 2026, a mostly empty Senate chamber passed a bill that
    most Americans have never heard of. There was no recorded vote. Just
    silence. And in that silence, something significant happened.

    The Common Cents Act would end production of the penny permanently.
    But buried inside an amendment introduced at 10:53pm by a blockchain
    entrepreneur turned senator was something nobody really talked about.
    It was a provision that would give the Secretary of the Treasury the
    power to eliminate every coin in American circulation. The nickel. The
    dime. The quarter. All of it could be gone with nothing but 60 days
    notice to Congress.

    In this episode of Plain Meaning, I break down exactly what happened
    that night, who was behind it, and what they stand to gain. I look at
    a senator known as the "crypto queen" and another senator who made his
    money selling cars, and how they stand to gain from all this. I also
    look at the firms behind them and why eliminating physical cash would
    make them extraordinarily powerful.

    I also ask the question nobody in Washington is asking--what happens
    when the lights go out and your only form of payment is digital? What
    happens when your digital wallet gets hacked? And what does it mean
    for every American when a handful of technology firms control the
    infrastructure every single transaction in your life must go through?

    Physical cash is the only form of payment that requires no middleman,
    no electricity, no network, and no permission. This episode explains
    why that matters--and what you can still do about it.

    The bill has not yet become law. The House must still vote on the
    Senate version. There is still time. But only if people know what is
    happening.

    CHAPTERS:
    0:00 — Introduction: When the Lights Go Out
    3:19 — The Echo Chamber: What Happened on August 7th
    6:30 — The Pushers: Who Is Behind This Bill
    9:27 — Sneaky Sneaky: How They Passed It Without a Vote
    11:38 — The New Middlemen: What a World Without Cash Really Looks Like

    SOURCES:
    — Common Cents Act (S.1525) — congress.gov
    — Senate Amendment SA 6766 — Congressional Record S4586-S4588
    — Senator Lummis financial disclosures — senate.gov
    — FEC campaign finance records — fec.gov
    — Andreessen Horowitz political spending — opensecrets.org
    — Canada penny elimination study — Bank of Canada
    — GENIUS Act text — congress.gov
    — Chainalysis government contracts — justice.gov

    #EndOfCash #CommonCentsAct #Penny #CynthiaLummis #BernieMoreno
    #Bitcoin #Crypto #DigitalCurrency #CashIsKing #Senate #Congress
    #PlainMeaning #CryptoQueen #AndriessenHorowitz #Blockchain
    #PhysicalCash #KeepCash #LummisAmendment #DigitalWallet #CBDCWarning
    #FinancialFreedom #CashPrivacy #SenateVote #UnanimousConsent
    #CryptoIndustry #SaveThePenny #FederalReserve #TreasuryDepartment
    #ScottBessent #KeepCash

    #PlainMeaning #Documentary #NationalID #CashlessSociety #CBDC #CentralBanks #Surveillance #Censorship

  2. Out and about this morning and Google Wallet decided I couldn't use it to make payments.

    I always carry my wallet just in case but some cards in GW are digital-only. Is there some kind of single-purpose piece of hardware designed to be used as a digital wallet without Google in my business? I'd much prefer that.

    #googleWallet #googleSucks #digitalWallet

  3. CW: Disclosure: Malaysia Finance App Referral Ad

    MiniPay: Penghantaran Duit Mudah Melalui Celo

    Pertama kali saya mencuba MiniPay dan ia sangat memudahkan! Dengan rantaian blok Celo, kita boleh hantar duit kepada rakan hanya menggunakan nombor telefon—sangat ringkas dan efisien. Walaupun ganjaran hariannya nampak kecil (dapat 1 sen AS pun lawak juga!), ia tetap satu bonus yang menyeronokkan untuk dikumpul. Gunakan pautan jemputan saya untuk dapatkan ganjaran pendaftaran sebanyak $0.10. Mari kita cuba revolusi kewangan digital ini bersama-sama!

    #minipay #celo #blockchain #fintech #malaysia #rewards #digitalwallet #crypto #tech #duit #transfer #borderless #easy #money #referral #web3 #digital #finance

  4. The #EuropeanCommission announced an #ageverificationapp using legal identification to determine age and work. The app will be integrated into national #digitalwallet|s and aims to protect #children from harmful content online. The #EU is taking a centralised approach to #ageverification, unlike other regions that place the burden on tech companies. cnet.com/tech/services-and-sof #tech #media #news

  5. epicenter.works @epicenter_works have published their statement regarding several issues with the #EU's digital #EUDI-Wallet. Three particularly serious issues mentioned:

    Pseudonymous use of services only exists on paper

    In theory and by law, you have a right to pseudonymous usage of most services, because they have absolutely no legitimate need to know your legal identity. But companies wouldn't be obliged to provide such pseudonymous access. They can just bluntly ask for your legal identity – and if you choose to not provide it, you can't get in.

    Your passport photo given away, for free

    »The draft Implementing Acts now propose to include a mandatory facial image in the Wallet’s minimum person identification data set«. Whoever you have to provide with your digital legal identity gets a copy of your photo: A premium biometric data item, needlessly surrendered, for free.

    Any member state can enable companies to rummage through your digital wallet

    #EU Member states can decide to not issue "registration certificates" for businesses, at all. Those certificates work a bit like official IDs, e.g. for ticket inspectors, or police officers. If you look at, and verify such an ID, you know whether those people are making acceptable requests, or not. You wouldn't hand over your driving license, or your bus ticket to arbitrary strangers requesting them, would you?

    A country deciding to not issue registration certificates is effectively saying things like "our ticket inspectors and police officers don't need an ID, to back up their requests".

    Companies can simply set up a local business there, and treat your digital wallet like a self-service store – because requests originating from that country don't come with any registration certificates that would enable your digital wallet to ring an alarm, in case of an overreach.

    epicenter.works/content/open-l

    #privacy #DigitalWallet

  6. A mobile wallet is a smartphone app that stores payment credentials and enables transactions without physical cards or cash. It uses NFC or QR codes to process payments at terminals or online.

    #Fintech #MobilePayments #DigitalWallet

  7. 🍏🔒 Behold, the revolutionary #WalletWallet, because who wouldn't want to turn a trip to the grocery store into a *luxurious* tech experience? 🤦‍♂️ Just scan, click, and *voilà* – your boring old barcodes are now *fancy* barcodes... in your digital wallet. 💳✨
    walletwallet.alen.ro/ #GroceryTech #DigitalWallet #LuxuryExperience #FancyBarcodes #HackerNews #ngated

  8. Retailers need to accept digital wallets to capitalise on Black Friday

    FNB estimates that Black Friday spending will amount to R3.3 billion or more, a reasonable improvement on the…
    #NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Mobile #BlackFriday #digitalwallet #ecommerce #FNB #payment #Technology
    newsbeep.com/us/310588/

  9. How does letting children have wallets on their phones link up with those trying to prevent children and therefore everyone from having #cybersecurity?

    #digitalWallet #digitalSovereignty #chatControl #encryption

  10. More speakers:
    Roberto Viola, Director-General, DG Networks, Content and Technology, EC
    Kristina Yasuda, Product Owner, SPRIND
    Anne-Gaëlle Baudouin, Executive Director, ANTS
    Agnès Diallo, CEO, IN Groupe
    Oliver Lauer, CDO, Deutscher Sparkassen- und Giroverband

    Am I the only one who doesn't like having my phone near readers? Is this really all cybersecure in all circumstances? I feel a lot safer waving cards and circulating cash #digitalsovereignty #cybersecurity #digitalWallet #personalSecurity

  11. Lilbits: Steam Frame, Android PCs, and Amazon cracks down on Fire TV piracy apps

    This week Valve unveiled a next-gen Steam Machine that blurs the lines between a gaming PC and a game console, a new Steam Controller, and a new VR headset called the Steam Frame. While each device is interesting, the Steam Frame in particular packs a bunch of surprises.

    It’s designed as a streaming-first device that comes with a 6 GHz wireless adapter that will let you stream VR and non-VR […]

    #amazonFireTv #android #androidForCp #androidPc #apple #applePassport #digitalWallet #dragonwing #dragonwingIqX #fireTv #lenovo #lilbits #nvidiaShieldTv #qualcomm #steam #steamFrame #valve #vr

    Read more: liliputing.com/lilbits-steam-f

  12. The Protocol: SwissBorg’s SOL Earn Wallet Exploited for $41.5M - Welcome to The Protocol, CoinDesk's weekly wrap of the most important stories in cryptocu... - coindesk.com/tech/2025/09/10/t #digitalwallet #theprotocol #newsletters #tech #news

  13. 🚀 Special thanks to @aad , @elgharee , and @ligasser for leading technical demonstrations that showed how #privacy and #security can coexist in modern digital identity systems. Read more about how we're shaping the future of privacy-preserving digital trust!

    c4dt.epfl.ch/article/recap-of-

    #DigitalIdentity #Privacy #eID #DigitalTrust #Switzerland #swiyu #ZeroKnowledge #Innovation #EPFL #C4DT #DigitalWallet #C4DT-FACTORY