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A comment on Fed Opens Service That Dramatically Speeds Up U.S. Payments. Parent comment

Re:Fed Opens Service That Dramatically Speeds Up U.S. Payments by itake on Thursday July 20, 2023 @06:14PM (#36807488)
Do you think private unregulated businesses (CashApp, Venmo, etc.) that this is trying to replace are any better? These companies just sell your transaction data to the highest bidder, no warrant needed.
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Re:Fed Opens Service That Dramatically Speeds Up U.S. Payments by amflare on Friday July 21, 2023 @12:24PM (#36815777)
But these companies don't have a legal monopoly on force. It's in my best interest, if I have to deal with both these problems, to keep them separated.
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