After reading such news I have an obvious question. Does anyone know a PayPal-like service, that allows to hide the destination of my transactions from Mastercard / bank, but with a good privacy policy? Or how else can I restrict the usage of my financial data by mastercard or bank?

  • kylian0087@lemmy.dbzer0.com
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    3 months ago

    Best way to hide transactions is with crypto. And namely Monero. Not exactly PayPal like but Monero is the most private.

    • Sem@lemmy.mlOP
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      3 months ago

      Unfortunately there are a very small amount of places when I can pay with crypto… I do not want to face also questions from AML officers. I’m not a journalist in the dangerous country or political activist, so Monero looks like an overhead for me.

    • Mango@lemmy.world
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      3 months ago

      No it’s not. Crypto is very specifically not that. It’s an open ledger.

      • makeasnek@lemmy.ml
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        3 months ago

        This is not accurate. Monero offers a very high degree of privacy and anonymity. So does Bitcoin lightning, to a lesser degree. Lightning transactions don’t go on chain and are known only to: sender, recipient, and intermediate nodes, if any.