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All your payments data is aggregated, correlated across different providers, repackaged and resold on such a massive scale that any notion that you have any pri
by inter_netuser 5y ago
All your payments data is aggregated, correlated across different providers, repackaged and resold on such a massive scale that any notion that you have any privacy left is sadly very quaint.
- lettergram 5y agoIt’s not as collected as you may think. I work in the space and the data you can use in most cases is extremely limited. The companies determining credit ratings know quite a bit, banks themselves are relatively limited. They definitely can’t watch every transaction.
- rich_sasha 5y agoTrue, but at least this is all for money and takes effort to aggregate. A kind of “proof of work” for government privacy invasion. Central Bank Digital Cash puts it on a central server, time stamped and with access logs.