this post was submitted on 02 Feb 2024
73 points (100.0% liked)
Technology
37727 readers
528 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I’m about 99% sure that this is exactly what credit card companies do.
There’s another comment here about banks scrapping your history. Guess I’ll ask because now I’m curious. What’s a realistic way to get around this type of thing with banks and credit cards short of using cash? I hate cash :(
Probably a local credit union, provided it's FDIC insured and has decent terms of membership. Most credit unions aren't in the business of spying on the people that own them, their purpose is just to manage their clients' money and facilitate spending.
Okay thank you. I’ll do my homework and find a local credit union.
None.
Even if your bank doesn't do it, the credit card processor will. They will be very careful to "anonymize" the data up to a legally plausible deniability level, just like Google does, before selling it, but that's about it. Even if you use multiple banks with multiple credit cards with different card processors, someone purchasing enough of the "anonymized" data would be able to correlate some of it.
If you don't want (almost) any data to be scraped, it's either cash or Monero.
However... if you have no credit history, don't expect to get any loans, so you might want to build a history of being a ~~reliable fool~~ good client.