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this post was submitted on 23 Jun 2026
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Since when government doesn't have access to your purchases? Gov has access to absolutely everything they want to know about you
How does the government know where I spend the amount of cash I withdrew from my account?
Serial numbers
Every ATM knows which bill has been distributed to which card holder. Said number is recorded again once it's brought back to a bank - plus the account it's deposited to.
Sure, you can't trace each bill immediately, but as one doesn't deposit or withdraw a single bill at a time, a large pile of data is created. And, with said pile: Patterns and connections. The rest is just Business Intelligence and Big Data Analysis. But, in the end and with sufficient data, one can determine each and every probable connection you might have had and each place you contacted for a transaction. Even those that do their very best to stay offline - everything hidden in the big data spiderweb data fields.
Anonymity is an illusion. It's just a matter of time, effort and reason to look into one's details. Don't give them reason to suspect anything and they won't use these tools....yet
That would actually create a much bigger data base
"Trust me, bro, they totally control everything. So just be a good little drone and don't dare to have actual thoughts." Sure... 🤣
This chain is broken when money changes through different hands and never touches an ATM. Sure you can still have private detectives and co following your every move and check that, so yes you are right that we are never 100% anonymous but that is not the point. Governments should not be able to instantly see what i purchased with my money. They still should be able to prevent money laundering and other nefarious things that could be done.
I feel like it goes in a good direction, if they can deliver what they say they want. For me it sounds very similar to what Taler is already providing.
Do you have a source for that ludicrous statement?
Well since birds aren't real and are actually government drones, there is your answer!!!11!11
Thats the point. We are entering the realm of the unknown. Too many people are way too eager to accept the belief they want to believe. Thats why I am asking for people who actually know more than me.
They can simply request it from bank or Visa / Mastercard
Which get this information from all banks through constant finger-print analysis run on every bill returning to them? 😂
Yeah, targeted ads are a thing for long time now. How do you think my bank adds pops up on reddit? Banks, Visa / Mastercard are selling your data to whoever so they can make more money so I'd rather have my Government have this data rather than private companies
And VISA does know how exactly that I just spent 50€ cash on crack?
Of course they know, they owe the payment network, why wouldn't they know how you use their gear?
Keyword is cash
Not directly a European government but the US government has a lot of control over Visa/Mastercard.