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this post was submitted on 16 Jul 2025
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I mean isn’t this effectively the problem bitcoin aimed to solve originally? Don’t get me wrong, crypto is fucked and I’m not advocating for it here per se. But a locally processed, secure, digital version of cash bypasses the need for any of this. Granted it bypasses the need for some of the most powerful institutions on the planet too, and so will never happen in a truly egalitarian sense.
Also just cause it’s bugging me, you understand that a credit card, or even a debit card or PayPal/venmo account, does not equate to ‘your money’ the way physical cash does, right?
Im not saying you shouldn’t have the right to privacy when making a purchase. But mandating the processors of that purchase ignore what that money is doing is a fools errand as that’s basically a core mechanism in their operation and generation of profit.