Financial privacy has practically vanished over the last 50 years. Most people are in denial about it, and still believe that their relationship with their bank or their credit union is confidential -...
If you’re in the US, your bank knows way more about you than that and it’s naive to believe otherwise. A lack of credit doesn’t mean a lack of tracking; it just means your data is being pulled from elsewhere.
If you’re not in the US, you might have a better chance at privacy.
Do you have a drivers license? A social security number? A phone number that you’ve used for anything else? Utility bills? Relatives? A car? Other large property?
Cash doesn’t mean shit unless you pay for everything in cash and never use the same info (including name, address, phone number, social, etc) for everything.
It’s okay to be naive! The video talks about what data your bank has and how that gets used, as a security professional I know how all of this data is tied together plus the other data (assuming you don’t vote either?), and you don’t think there is anything tied to you so cool. Have fun with that. Keep pushing crypto.
If you’re in the US, your bank knows way more about you than that and it’s naive to believe otherwise. A lack of credit doesn’t mean a lack of tracking; it just means your data is being pulled from elsewhere.
If you’re not in the US, you might have a better chance at privacy.
What data? My point is that I use cash.
Do you have a drivers license? A social security number? A phone number that you’ve used for anything else? Utility bills? Relatives? A car? Other large property?
Cash doesn’t mean shit unless you pay for everything in cash and never use the same info (including name, address, phone number, social, etc) for everything.
No car, no property, no phone number.
I don’t think a bank having my social security number is a privacy risk.
I do not give my name when I buy groceries or 99% of purchases. I don’t see your point.
It’s okay to be naive! The video talks about what data your bank has and how that gets used, as a security professional I know how all of this data is tied together plus the other data (assuming you don’t vote either?), and you don’t think there is anything tied to you so cool. Have fun with that. Keep pushing crypto.
Of course there is data tied to me. My bank sees who my employer is and everywhere I withdrawal money from an ATM. They don’t see my purchases.
And you’re talking to a security professional.
You sound like piss poor guy.