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.

[-] possiblylinux127@lemmy.zip 5 points 10 months ago

Cash and maybe gnu taler

[-] TwiddleTwaddle@lemmy.blahaj.zone 3 points 10 months ago* (last edited 10 months ago)

Never heard of gnu taler. Looks very promising.

[-] possiblylinux127@lemmy.zip 1 points 10 months ago

Maybe, we'll have to wait and see

[-] shortwavesurfer@monero.town 3 points 10 months ago

Monero is the answer to this

[-] possiblylinux127@lemmy.zip 2 points 10 months ago* (last edited 10 months ago)

Yeah no, I'm not using a sketchy crypto with a unstable value for my personal finances.

Its a good thought but crypto is not the answer

[-] Chakravanti@sh.itjust.works 4 points 10 months ago* (last edited 10 months ago)

You not knowing don't mean jack squat.

[-] saint@group.lt -4 points 10 months ago* (last edited 10 months ago)

This might be FUD, but... Vastaamo hacker traced via ‘untraceable’ Monero transactions, police says. (Edit) - A video debunking the police report - https://yewtu.be/watch?v=7CD_Nl3iwhE

[-] shortwavesurfer@monero.town 10 points 10 months ago

That was debunked. That person accidently uploaded a .tar of their home folder which had info on previous hacks the cops knew he committed. The monero was not the link their.

[-] saint@group.lt 2 points 10 months ago

nice, thank you.

[-] shortwavesurfer@monero.town 8 points 10 months ago

No problem. The cops in this case are doing a good disinformation campaign.

[-] Tangent5280@lemmy.world 4 points 10 months ago

Since this did turn out to be debunked FUD, might be a good idea to edit it in to this comment.

[-] saint@group.lt 5 points 10 months ago

can do, if you could provide the link to the debunking source - would be great!

[-] Tangent5280@lemmy.world 5 points 10 months ago

Here's a link to mental outlaws video talking about this -

Bad OPSEC - How The Feds Traced a Monero User https://yewtu.be/watch?v=7CD_Nl3iwhE

[-] FriendBesto@lemmy.ml 3 points 10 months ago

In Australia some companies --banks-- are starting to refuse taking/using cash. Killing privacy, slowly. Most normies can't see how that and will be used to track you.

In Canada, the Feds changed the law 2 years ago. They can now lock you out of your bank accounts without a court order. Which was needed before.

this post was submitted on 16 Feb 2024

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