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> Right, but most still pay with a credit/debit card when checking out which gives the cc/bank the same info. Yes, which is why I think cash is crucial until/i
by reedjosh 5y ago
> Right, but most still pay with a credit/debit card when checking out which gives the cc/bank the same info.
Yes, which is why I think cash is crucial until/if we get a digital equivalent.
> At least with a store club card they only know what you purchase in that store/chain, instead of every store
I haven't done research to confirm, but I'm guessing club card data ends up in the hands of data brokers at some point. Of course this probably varies by chain.
- kyleee 5y agoThere will never be a state sanctioned privacy enabling digital cash equivalent since the data surrounding transactions is far too valuable (both in a monetary sense and in a social control sense). I'm sure the phrase "digital cash" will be used in the marketing lingo though
- reedjosh 5y agoI agree. I like Monero, but it will never be state sanctioned. I don't much care for the state.