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Is it really private? You have to use it in person and every place of business has cameras nowadays.
by greenthrow 2y ago
Is it really private? You have to use it in person and every place of business has cameras nowadays.
- 1_1xdev1 2y agoIt’s way more private than all of your transaction history rolled up by your card issuer. Does some central authority have access to and the compute power to correlate all of the data available in those video feeds? No
- hoffs 2y agoYou only need to know where the person was or when crime was committed,
- 1_1xdev1 2y agoYou’re right but I don’t think we’re solving for the same thing.
- willmadden 2y ago>Does some central authority have access to and the compute power to correlate all of the data available in those video feeds? No *TrapWire, the bank secrecy act, and the Utah datacenter enter the chat*
- mrmetanoia 2y agothe lack of privacy at a business isn't a problem baked into cash. cash helps solve that problem because I don't need to go to a place of business to use it. It can be exchanged anywhere in reasonable amounts, and I don't have to deposit it I can just keep it and use it. my wife and I always keep some cash on hand in case of some sort of problem with the card, or tap device etc. never had my cash declined because a computer thought some other purchases that afternoon looked suspicious.