Banks may block wallet-enabled car charging, Peter Todd writes

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LN wallets could enable car electricity payments

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Banks may block wallet-enabled car charging, Peter Todd writes — LN wallets could enable car electricity payments

Peter Todd argued that it would be straightforward to include Lightning Network (LN) wallets in cars to facilitate granular, fraud-resistant payments for electricity as it is supplied.

Todd suggested, however, that banks are unlikely to permit such charging solutions without AML or KYC controls, likely preventing this development.

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Todd has previously critiqued Bitcoin's cryptographic signature handling, stating that Nostr provides clearer recognition of signature failures in a recent analysis. He also reported that Bitcoin donations are funding a private air defense unit in Ukraine, which successfully shot down a Shahed drone, according to his earlier coverage. These reports reflect Todd's continued focus on applied cryptography and real-world use cases for digital assets.

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