this post was submitted on 26 Jul 2025
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Something like that will kinda work, but using it will flag your transactions if you use it as a business. That's the issue with a lot of these things is that we need to have some kind of balance between privacy and authorities being able to do anything against terrorism etc. And yes you can find terrorists based on transactions.
Someone's drunk the "governments only erode our privacy to stop terrorism" coolaid yeesh.
No I have seen real world examples of criminals being prosecuted because of what people on my field (accountancy) found during our work. That shits there for a reason.
This was company data though, which should be semi transparent anyway
I never said that it can't be effective, I just don't believe we should all suffer a massive erosion in our privacy for it. There are other ways to deal with crime.
We where talking about businesses right? Not on a person level?
Just flag the 50k+ transactions for which you need to go to the bank anyway for personal use and keep the dame for businesses