The TRUTH about Bank Privacy
The TRUTH about Bank Privacy
Financial privacy has practically vanished over the last 50 years. Most people are in denial about it, and still believe that their relationship with their bank or their credit union is confidential -...
I work in this industry and I can confirm that there's fucking nothing ensuring the privacy of these transactions. Tens of thousands of people have full access to everyone's credit card history, and that's not counting unauthorized access and card skimmers.
the bank worker i interacted with the other day just casually had access to everything
Makes me glad I use Monero because nobody besides me and the recipient has access to that transaction.
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Hm. The link is actually a video on odysee.com. I'm experiencing no issues on my end, and it's even letting me watch the video in a miniplayer within Lemmy itself. I'm using LibreWolf, a privacy fork of Firefox, so I don't know if this is an issue on Chrome-based browsers or not.
I really hope GNU Taller actually get adopted by at least one bank as it got funding for coming years.
As part of just living in.... the world, I already kind of assumed it was possible for some parties, credit card companies in particular, to pry in to my financial activity and also interested governments to compel banks to hand over whatever they had, and/or possibly just hand over everything about everyone to government all the time automatically. This was bad enough, however, even I was surprised and shocked to learn how bad it was with my own bank when they sent me a letter gleefully telling me that as of the date of the letter they had now managed to sell my data to even more 3rd parties. I was not, up until that point aware that they were selling my data at all, and that 3rd parties (other than the credit card company) were getting access to it not just because of powers to compel, like people might expect of governments, but purely because the bank was literally handing it over to whoever was willing to pay for it, no consent on my part necessary. I don't know what changed that required them to apparently have to now disclose this to me, but I assume that they were forced, hence the letter. The sneaky motherfuckers didn't frame it that way though, not "due to recent legislation the bank is obliged to inform you blah blah blah", no just "good news removed, we were selling your data, we still are, but we used to too, and now we're selling it to more people, hope you like egregiously unethical behaviour because we put a travesty in to our travesty so you can experience a travesty while processing the first travesty".
My bank knows my employer and which ATM I take money out of.
If you’re in the US, your bank knows way more about you than that and it’s naive to believe otherwise. A lack of credit doesn’t mean a lack of tracking; it just means your data is being pulled from elsewhere.
If you’re not in the US, you might have a better chance at privacy.
Opt out, use Monero.
so I can buy illicit drugs, and...?
wake me up when I can use it to buy my fucking groceries.
For groceries and most regular purchases (including online stores), there is cash. But I do use Monero for a legit reason - paying for my VPS and domain.
If you pay for privacy oriented online services, mostly by providing a privacy respecting service, they often accept Monero.
Off the top of my had I know that Mullvad VPN and Standard Notes accept Monero, but if you look for it, there are probably more.
Other than that, PrivacyGuides recommends CoinCards as a gift card store that accept Monero payments. CC has gift cards for several popular online services. They are not yet available in Europe, but if you know that the service you want to sign up for does not enforce using the gift card in the appropriate region, you can buy it from a region that is already supported.I bought groceries with Monero for years. Just buy a gift card for your fav grocier.
Use Monero for what? Buying book in the morning having a blind eye on thousands of liters of water I just waste?
Monero doesnt have ASICS so is not nearly as energy intense. You mine on regular CPUs you can buy off the shelf in your local electronics store. My miner has been running for over a year and has never used a drop of water unless its upstream at the power company itself. My air conditioner uses about 5x more power and my heater uses 7x-15x more power. At least if i had more mining computers going id get enough heat to warm my room and the monero id get from it could subsidize my power bill. I could turn 1500 watts of power into 1500 watts of heat only or I could turn 1500 watts of power into 1500 watts of heat and some Monero.
Edit: Not to mention, I don't have to pay workers to drive cars to a building that I had to pay workers to mine the minerals for out of the ground and ship thousands of miles.