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RE: Hurry Up Cryptos : Hard CASH Use Is Dying
I agree with the idea that banks - or anyone else for that matter - do not need to know our personal spending habits, and fiat currency, for all its faults, does not attach our identity to the notes we hand out at, say, the local coffee shop. (That's the beauty of the better cryptos, as well as precious metals.) I appreciate your informative posts.
As my awesome mother in law says..... all those "club cards" and membership apps and thingies- How do you think they track you even when you pay cash, and figure out how to market even more of their crap to you?? They know who you are and what you're buying.
Just a thought, lol. Our identities are not attached to cash notes, that is true... But if you are entering your phone number or signing in to programs like loyalty rewards and club cards at places, well... they still are tracking you. And who knows how hackable all those databases are, who knows what exactly they really do with all that data? Oh well. I am paranoid I guess. So is my mother-in-law. There are many reasons we get along, lol. Got to laugh at the world sometimes, or we'll all go crazy. :)
Just because you're a bit paranoid doesn't mean they're not out to get you :)
I think there is plenty of evidence that for-profit companies are already mining customer data for targeted advertising. I don't think targeted specials and targeted pricing is too far off either.