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> Because not everyone enjoys being monitored by companies and/or governments (foreign or otherwise) So the solution to that is publishing all your transaction
by retube 10y ago
> Because not everyone enjoys being monitored by companies and/or governments (foreign or otherwise)
So the solution to that is publishing all your transactions to a public ledger?
(yes I know there are "tumblers" etc, but these come with operational and practical issues)
- davidfrankl 10y agoThat's beside the point. The parent was simply asking what use exists for an anonymous currency.
- woodman 10y agoKeep in mind the amount of monetization that occurs around purchase data in the present system. The ease with which you can associate transactions to real identities isn't even comparable.
- threeseed 10y agoWhat monetisation ? The bank isn't authorised to provide that information to third parties.
- woodman 10y agoAre you confusing the spirit of the law with the letter of the law? Or do you really think that banks aren't selling your transaction data? http://www.cardlytics.com/technology/ http://www.cardlytics.com/technology/ Despite the "firewall" between the bank and the marketers, information is being sold - it just requires an extra step on the part of the marketers (leaving the banks legally in the clear).