Do we really want every payment we make in database where it can be passed around and used to analyze, market, and persecute us?
I was a big fan of MobileCoin the privacy token in Signal because as far is I can tell it’s the best solution out there. They have gotten much traction largely because the feds and banks haven’t let them, however I hope some day some how I can buy groceries without my location and purchase details being sold to every data broker in the world.
> I hope some day some how I can buy groceries without my location and purchase details being sold to every data broker in the world.
Nothing about which type of payment system you use can possibly help with this— doesn't matter if it's cash, credit card, crypto, or something else— because regardless of how you choose to pay, the grocery store knows which items you bought and where, and (laws permitting) can sell that data to whomever they want. And the credit card companies already don't have that data: they just see a single dollar amount, not an itemized receipt.
Do we really want every payment we make in database where it can be passed around and used to analyze, market, and persecute us?
I was a big fan of MobileCoin the privacy token in Signal because as far is I can tell it’s the best solution out there. They have gotten much traction largely because the feds and banks haven’t let them, however I hope some day some how I can buy groceries without my location and purchase details being sold to every data broker in the world.