Credit Card Surveillance¶
links: AC2 TOC GNU Taler - Index
Issues with Credit Cards¶
- When you pay by CC, the information includes your name
- When you pay in person with CC, your location is also known
- You often have no alternative payment methods available
- You hardly ever can use someone else’s CC
- Anonymous prepaid cards are difficult to get and expensive
- Payment information is typically stored for at least 6 years
3D secure¶
A nightmare. (Complicated, no privacy, customer is liable, exclusion of vendors)
Issues with Banks¶
- Global tech companies push oligopolies
- Privacy and federated finance are at risk
- Economic sovereignty is in danger
Examples¶
- Bank of International Settlements (CBDC - Central Bank Digital Currency without privacy)
- Emergency Act Canada (Freeze bank accounts)
links: AC2 TOC GNU Taler - Index