Elektrine lite

← Feed

@Npars01@mstdn.social

Post #3583724

2026-07-04 06:38 UTC

@mackaj@mastodon.me.uk @deutrino@mstdn.io Linking your banking information to access social media has been a long-held goal for Zuckerberg & Peter Thiel. https://www.washingtonpost.com/technology/2018/08/07/your-banking-data-was-once-off-limits-tech-companies-now-theyre-racing-get-it/ https://www.inc.com/erik-sherman/as-facebook-gets-slammed-for-data-practices-it-wants-your-financial-info-from-banks.html https://nypost.com/2018/08/06/facebook-quietly-lobbying-big-banks-to-share-customer-data/ https://www.inc.com/adam-levin/facebook-wants-your-banking-information-too.html https://www.forbes.com/sites/traceyfollows/2019/06/04/can-facebook-become-a-trusted-bank/ https://en.wikipedia.org/wiki/Facebook%E2%80%93Cambridge_Analytica_data_scandal Remember what happens when a banking cert is accessible to an oligarch. https://www.independent.co.uk/news/world/americas/us-politics/elon-musk-doge-new-york-fema-b2697262.html https://abc7ny.com/post/new-york-city-files-lawsuit-trump-administration-80m-money-grab-fema-funds/15943443/

Replies (1)

  • @mackaj@mastodon.me.uk 2026-07-04 08:13

    @Npars01@mstdn.social @deutrino@mstdn.io You're not understanding the technology. Either that or I'm doing an awful job of explaining this 😞 Are you familiar with how SSL certs work and their role in making HTTPS web connections secure? The bank, in this context, is the equivalent of an SSL CA (Certificate Authority). Maybe I should have titled this from the start as Anonymous Authentication, because essentially that's what it is.

    Open ##3583723