Re:G7 finance officials endorse principles for central bank ...
by inter_netuser on Thursday October 14, 2021 @03:12AM
(#28861378)
All your payments data is aggregated, correlated across different providers, repackaged and resold on such a massive scale that any notion that you have any privacy left is sadly very quaint.
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Re:G7 finance officials endorse principles for central bank ...
by rich_sasha on Thursday October 14, 2021 @03:17AM
(#28861404)
True, but at least this is all for money and takes effort to aggregate. A kind of “proof of work” for government privacy invasion.
Central Bank Digital Cash puts it on a central server, time stamped and with access logs.
Re:G7 finance officials endorse principles for central bank ...
by lettergram on Thursday October 14, 2021 @10:03AM
(#28864343)
It’s not as collected as you may think. I work in the space and the data you can use in most cases is extremely limited. The companies determining credit ratings know quite a bit, banks themselves are relatively limited. They definitely can’t watch every transaction.