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The importance of privacy is not theoretical. First, the data is accessible by credit card provider, but also by several financial and technical intermediaries
by xalava 4y ago
The importance of privacy is not theoretical.
First, the data is accessible by credit card provider, but also by several financial and technical intermediaries. Second, there is no way for any of those companies to guarantee that the data will never be leaked.
Then, in terms of consequences, it includes reputional risks, security risks people know your behavior patterns, and to be arrested for being at the wrong place and wrong time. Then is all the track record of governmental overreach that used this type of data, from arresting environmental activists to killings based on sexuality (for example). It happened in everywhere, and it still happens today.
- MrMan 4y agothe impossibility of privacy is also not theoretical.
- Sargos 4y ago> the impossibility of privacy is also not theoretical. In that it's proven possible and how the world worked for thousands of years. The existence of KYC/AML and the ability of the state to surveil their population's financial transactions is very new and less than a human lifetime old. It's not necessary and privacy is definitely not impossible.