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But those aren’t private, right? There’s an entity in the middle that can see all the purchases I make.
by loughnane 3y ago
But those aren’t private, right? There’s an entity in the middle that can see all the purchases I make.
- criddell 3y agoIf I use one of those to send you $500 right now, the entity in the middle can see that I sent you $500 but nothing more.
- loughnane 3y agoThat's too much for me. It adds up to that entity having a record of all my transactions, who they're with, and how much they are. Def not private like cash.
- criddell 3y agoIs it just the principle of it, or would fully private transactions solve an actual non-criminal financial problem?
- loughnane 3y agoA product that's a violates my principles _is_ a problem. More practically, being surveilled creates a data store about my life that can last forever, theoretically. It's hard to conceive how that could be used if (when) that data gets mishandled. Might as well not leave a trail.