“Bitcoin is less decentralized in nature than it is distributed, with its consensus mechanism standing across rungs of infrastructure that uphold our internet, and the panopticon leviathan living inside its fiber optic cables. No longer will the Federal Reserve’s 12 regional Fed banks decide monetary policy or limit reserve settlement to those within their regulatory regime, but the energy generators, the chip manufacturers, and the internet service providers—at both the software and hardware level—become the new industries of consensus.”
~ Mark Goodwin, “Breaking (Down) the Chain: An Investigation Post-mortem”
In this episode of Digital Money, Digital Control, Mark Goodwin considers the principal infrastructure pillars of cryptocurrency: hardware, energy, software, and regulation.
Hope this finds you well. Thanks for all that you do!
When I tried to log into my bank account this past Saturday (over the long weekend, 8/30) I was told that I would need to submit my biometric data (thumbprint and photo) by Monday, 9/1 in order to continue to use the bank’s online system. Since this takes effect on September 1st (two day window) it came as quite a surprise. Please note that Monday, 9/1, is a holiday.
When I called the 800 number they gave me the link to submit my biometric data. Not! I read on the website that this is not mandatory but I understand that in order to use online access it is. I need to clarify that.
Has anyone else experienced this? This is a profound and unwelcome change.
Dear Catherine,
Hope this finds you well. Thanks for all that you do!
When I tried to log into my bank account this past Saturday (over the long weekend, 8/30) I was told that I would need to submit my biometric data (thumbprint and photo) by Monday, 9/1 in order to continue to use the bank’s online system. Since this takes effect on September 1st (two day window) it came as quite a surprise. Please note that Monday, 9/1, is a holiday.
When I called the 800 number they gave me the link to submit my biometric data. Not! I read on the website that this is not mandatory but I understand that in order to use online access it is. I need to clarify that.
Has anyone else experienced this? This is a profound and unwelcome change.
Have not heard of this. What is the name of your bank and where is your local branch located? If you let me know, I will research.