After reading such news I have an obvious question. Does anyone know a PayPal-like service, that allows to hide the destination of my transactions from Mastercard / bank, but with a good privacy policy? Or how else can I restrict the usage of my financial data by mastercard or bank?
Honestly if you want real financial privacy, the best thing to use is {insert cryptocurrency that I’m heavily financially invested in}
There is Privacy.com that gives you virtual cards to use for purchases. Money go from your bank account to them. Destination is visible on payment description still, but it may fool bank’s algorithm. Or you can get paid plan from Privacy.com and mask destination completely.
The eight companies in question are: Mastercard, Revionics, Bloomreach, JPMorgan Chase, Task Software, PROS, Accenture, and McKinsey & Co.
Yeah, Monero is absolutely your best bet for financial privacy in the digital world. There’s nothing that compares.
Actually, cash compares, doesn’t it? Not online of course, but otherwise
Yes and no cash for the physical world does indeed protect your privacy properly. However, you do run into the issue that you have to trust. Your government’s currency, which at least for me, I do not. So Monero is also a way of getting out from the government currency that I believe is being debased and devalued.
