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by parallel 1246 days ago
Is this where cryptocurrencies come in? The convenience of a cashless transaction without the tracking.
5 comments

If any of them worked sensibly as currency, maybe. But end result would probably be "the crypto transaction processor" most companies taking crypto use getting all the info needed to link person with their money anyway.
Uh? I got bad news for you. Crypto is by far the LEAST private method.
But it's not a monopoly skimming off my purchases either.
And? Not relevant to the discussion
true, it's a vast decentralized system skimming off your purchases.
Cryptocurrency exposed thousands of pedophiles a few years ago. It stores a record of every transaction. They just had to connect the dots starting from the wallet of the CSAM website.

Blockchain sleuthing had become much more commonplace since then.

If you have a public ledger, you don't need names to identify people's wallets.

I use Bitpay for some small-ish things. For small transactions, though, cash or credit card works best.

Lol the simple mention, and not even favourably, of crypto in an extremely relevant context gets a DVote. It's like mentioning Joe Rogan.

Crypto is a permanent distributed transaction list. I’ve never understood how that was marketed as private