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Cake day: July 24th, 2025
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mustard57@lemmy.worldto
Privacy@lemmy.ml•Should cash stay alive to enable "private" transactions?
31·13 days agoSo you’re betting your privacy on government inefficiency. You do you.
mustard57@lemmy.worldto
Privacy@lemmy.ml•Should cash stay alive to enable "private" transactions?
7·13 days agoA CBDC would give the government more control over your money. They have a lot of control now, but there is at least a middle man that the government has to compel to comply. With a CBDC, the government would be able to allow/disallow any transaction. Right now, they would have to convince Paypal or Zelle to invalidate a transaction. The on/off ramps to Monero and Bitcoin are the only locations with which the government can exert their power over those currencies. While Bitcoin is not private, it can be a good tool for privacy if used correctly. Cash, however, is still the most private. So I’ll just keep slipping quarters in the keyboard to pay for my online purchases.
Fuck your entitlement. What does your lack of sleep have to do with my privacy? Get a remote job or take the bus if your too tired to drive.