this post was submitted on 21 Mar 2024
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Privacy

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[–] [email protected] 44 points 7 months ago (32 children)

This thread is a dumpster fire. Can someone explain to me why i should be concerned about the tracking of payments that as an average person will not happen outside of buying huge stuff like a car? While no one is forced to answer me i would like you to refrain from vague statements like "this is attacking your privacy", because i am interested in how. If you think its obvious feel free to ignore.

I think the biggest point that i could see being a problem is the crypto stuff because i once made a anonymous donation via monero (that because i was concerned but the target needed privacy). It was about 30€ or something. Would that be illegal under the new guidelines? And if so, why would i care, since it is supposed to be anonymous.

[–] [email protected] 8 points 7 months ago (1 children)

I use Monero for donations too on a regular basis. From what I understand, the people accepting donations would no longer be allowed to sell them to professional platforms (silly as those are the ones KYCing).

[–] [email protected] 2 points 7 months ago (1 children)

I think they would be. If they're operating as a business, the requirement is that their wallet(s) is at a custodian, so all transactions can be audited. You could still donate to that charity, and that charity would still be able to sell them or use them to buy stuff from another entity, but there would be a paper trail for the charity and the businesses they interact with. It doesn't impact the person donating, only the receiver.

[–] [email protected] 1 points 7 months ago

That would make sense. Thx

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