The Erosion of Financial Privacy - Marginal REVOLUTION (marginalrevolution.com)

submitted 10 months ago by saint@group.lt to c/privacy@lemmy.ml

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[-] thesmokingman@programming.dev 7 points 10 months ago

Currency transaction reports and suspicious transaction reports, do they not sound like something the Stasi would demand in communist East Germany?

No. Not in the slightest. They’re a response to crimes of capitalism committed by capitalists governed by capitalists. If making sure everyone gets equity means people moving about 20% of the median American yearly salary have to be transparent, I’m okay with that.

this post was submitted on 16 Feb 2024

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