Comment by pjc50
7 days ago
> the government starts receiving copies of all card transactions
This is a particularly American view, a sort of extreme pessimism about the risk of their government collapsing into fascism; while I can see the point in the Trump era, from a practical point of view I'm much worse off with corporations seeing my card transactions. Which includes the card issuers themselves, censoring certain types of locally-legal business.
Average American is more at risk of hassle from Equifax seeing their transactions than even ICE seeing them.
Even worse with the alt payment systems. There's a long list of things it's dangerous to say in a Paypal transaction description. Venmo make transactions public by default, which is insane.
The government can include corporations. You could even argue the American government and American corporatocracy have already swapped roles. Equifax is almost more government than the SEC is.