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A comment on New EU Proposals Seek to End Anonymous Bitcoin Trading. Parent comment

Re:New EU Proposals Seek to End Anonymous Bitcoin Trading by woodman on Tuesday July 05, 2016 @01:23PM (#12038026)
Keep in mind the amount of monetization that occurs around purchase data in the present system. The ease with which you can associate transactions to real identities isn't even comparable.
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Re:New EU Proposals Seek to End Anonymous Bitcoin Trading by threeseed on Tuesday July 05, 2016 @02:58PM (#12038710)
What monetisation ?

The bank isn't authorised to provide that information to third parties.

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Re:New EU Proposals Seek to End Anonymous Bitcoin Trading by woodman on Tuesday July 05, 2016 @03:26PM (#12038869)
Are you confusing the spirit of the law with the letter of the law? Or do you really think that banks aren't selling your transaction data?

http://www.cardlytics.com/technology/

Despite the "firewall" between the bank and the marketers, information is being sold - it just requires an extra step on the part of the marketers (leaving the banks legally in the clear).

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