This is a pretty interesting article. I use credit cards near exclusively already, so a lot of this is stuff I never really considered. My initial reaction was social issues shouldn’t get in the way of better security practices, but of course the issue with any technological advancement is always user adoption.
They didn’t really touch any privacy-related issues in the article besides a brief mention of China’s social credit system, but giving banks access to all your transactions is probably not the greatest change. I like using credit cards a lot, but I also like having the option to use cash if/when necessary…
Monero adoption cannot come fast enough.
I love cash. I can’t stand using cards and seeing everything I did that day on my bank statement. It feels invasive. Because it is.