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.. the desire to not have every single transaction traceable in a society where such activities can be easily exploitable by all and sundry to screw you financi

.. the desire to not have every single transaction traceable in a society where such activities can be easily exploitable by all and sundry to screw you financially, forever .. ?

PUSH_AX 3y ago
Yeah, I think you're going to need to break this hyperbole down a little bit for everyone.
- mdp2021 3y ago
  With current electronic transactions all your movements are tracked and stored, and copied (in Europe) to a large number of entities - which do not have credentials for being (en)trusted. That is a "you MUST be joking" scenario. Criminals have something to hide. Subjects have nothing to hide. Men have everything to hide.
- robertlagrant 3y ago
  Wasn't there the example of the Canadian government freezing people's bank accounts for participating in the trucker protests? You might (possibly correctly) say that your country is nowhere near Canada on that spectrum, but things can change over time.
beardyw 3y ago
Well there are people who still always want to pay in cash, albeit with a sigh from behind the counter, but they are often even more grey haired and doddery than me. And I can see exactly where my money has been spent down to the last coffee. Those who have no choice than to pay by cash are the most disadvantaged in society, and my greatest concern is for them.
primax 3y ago
Can you explain where you're coming from? Is it crime?
- crote 3y ago
  Or just a desire to have some resilience from having banks accidentally screw over your entire live just because Mercury is in retrograde.
- boffinAudio 3y ago
  Its crime, yes its a factor - but its also the fact that I don't need the bank analyzing whether I'm buying too much of something they consider an indicator for poor financial security, and then using that data in their interest calculations. That does happen, and its not okay, but happy little decadent consumers agree to it because, convenience.

.. the desire to not have every single transaction traceable in a society where such activities can be easily exploitable by all and sundry to screw you financially, forever .. ?

PUSH_AX 3y ago

Yeah, I think you're going to need to break this hyperbole down a little bit for everyone.

mdp2021 3y ago
With current electronic transactions all your movements are tracked and stored, and copied (in Europe) to a large number of entities - which do not have credentials for being (en)trusted. That is a "you MUST be joking" scenario. Criminals have something to hide. Subjects have nothing to hide. Men have everything to hide.
robertlagrant 3y ago
Wasn't there the example of the Canadian government freezing people's bank accounts for participating in the trucker protests? You might (possibly correctly) say that your country is nowhere near Canada on that spectrum, but things can change over time.

beardyw 3y ago

Well there are people who still always want to pay in cash, albeit with a sigh from behind the counter, but they are often even more grey haired and doddery than me. And I can see exactly where my money has been spent down to the last coffee. Those who have no choice than to pay by cash are the most disadvantaged in society, and my greatest concern is for them.

primax 3y ago

Can you explain where you're coming from? Is it crime?

crote 3y ago
Or just a desire to have some resilience from having banks accidentally screw over your entire live just because Mercury is in retrograde.
boffinAudio 3y ago
Its crime, yes its a factor - but its also the fact that I don't need the bank analyzing whether I'm buying too much of something they consider an indicator for poor financial security, and then using that data in their interest calculations. That does happen, and its not okay, but happy little decadent consumers agree to it because, convenience.