I was wondering… how much does a credit company know if I pay with my cc? Do they know every detail of my lunch menu? If so, that does have something to do with privacy, I’m not very comfortable. If they just know the total amount I pay, then I wouldn’t mind too much, though.
If we could have physical Monero cash I would be for it. I am for any honest form of money, blockchain is just the easiest way to accomplish this without the state being able to stop it.
What I’d avoid is, things like loyalty cards — cash or not, discount or no discount. I’m sure if I sign up, giving my personal info, something tricky is written in fine print* in the sing up form, in obscure legalese. There ain’t no such thing as a free lunch. If you get a discount, you’re actually selling your privacy cheaper than it actually is.
*Some_instances_may_be_excluded._Your_mileage_may_vary.
I was wondering… how much does a credit company know if I pay with my cc? Do they know every detail of my lunch menu? If so, that does have something to do with privacy, I’m not very comfortable. If they just know the total amount I pay, then I wouldn’t mind too much, though.
They would only know things like location, time , amount. With this data you can build a pretty comprehensive profile about your whole life.
Good. “Fight against the cashless society!” is a bit weird motto, coming from Monero supporter, though…
If we could have physical Monero cash I would be for it. I am for any honest form of money, blockchain is just the easiest way to accomplish this without the state being able to stop it.
What I’d avoid is, things like loyalty cards — cash or not, discount or no discount. I’m sure if I sign up, giving my personal info, something tricky is written in fine print* in the sing up form, in obscure legalese. There ain’t no such thing as a free lunch. If you get a discount, you’re actually selling your privacy cheaper than it actually is. *Some_instances_may_be_excluded._Your_mileage_may_vary.