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Perhaps I'm misunderstanding something about the point you're making, but in 2023 the third party creditor already must approve any transactions where credit is
by nwiswell 4y ago
Perhaps I'm misunderstanding something about the point you're making, but in 2023 the third party creditor already must approve any transactions where credit is extended (e.g. credit card)
Credit bureaus remain uninvolved with cash transactions since, er, well, there's no creditor to be concerned about creditworthiness? I don't see how "supercapitalism" changes that
- jessaustin 4y agoYou haven't seen any of the anti-cash propaganda, some of it here on HN? The interests behind that are also behind several other disturbing changes.
- nwiswell 4y agoSquare peg, round hole. Has nothing to do with credit bureaus.
- czbond 4y agoIf you replace "Credit Bureau" with CBDC (Central Bank Digital Coin) it would ring very true or the probable future.
- nwiswell 4y agoAlright, that's a little bit different, but doesn't that just imply that Bitcoin or Monero become "cash" in case you need to Do Some Crimes?