Isn’t the entire credit industry built on spying on your financial behavior to be able to decide your credit score to begin with?
Me in yurop, using a debit MasterCard, never needed a credit score. Who has my data, what are they doing with it, and how do I burn down their server?
(The answer, kids, is Stripe. Give it some years, it will be lit)
mastercard sends your transaction data live to banks. They sell your data to third parties for marketing, profiling and the likes. Credit score is the least of your problems.
I know because I developed a system, in a major European bank, enriching their transaction data with mastercard data for live, predatory marketing.
No. Privacy is illegal in the banking/financial system.
As it should be IMHO. Nothing is stopping you dropping cash for shit in the untracked economy which is massive but if you want to be a part of the larger system and all its benefits you need to be prepared to play by the rules that are designed by and large to protect people.
In the government-controlled fiat system, you are right. In Monero, you are wrong.
Ive spent years buying groceries with crypto. Just buy their gift cards with it
Best options by far for financial privacy are cash and Monero.
How can you buy things with monero? What merchants (online or in person) accept it?
More and more merchants are beginning to accept it directly and you can check out the Monerica directory, XMRBazaar or Monero Market to find them. If you cannot find what you need directly for monero then you can get thousands of merchant gift cards from Coinsbee, Coin Cards, or Cake Pay.
You could maybe use the service AnonShop as mentioned in the Closed NTWRK podcast
The whole point is that everything is in an official ledger, that can be argued over in front of a judge.
Best you can do is say you don’t consent for your data to be sold. Find a smaller bank or a credit union where they have to give a shit about their customers.
No. Your best bet is with something like privacy.com or mysudo.
Edit: grammar
I use privacy.com but it only links to debit cards FYI
