alt Hacker NewsWas just about to make the same point. Even cash could be tricky if you got it from a bank because you'd be using your debit card and obviously the bank knows all your info.
Was just about to make the same point. Even cash could be tricky if you got it from a bank because you'd be using your debit card and obviously the bank knows all your info.
> Even cash could be tricky if you got it from a bank because ...
Cash would only be an issue if a merchant associated tender used in each sale with the customer. In this scenario, the business is actively working against their customer's interests and would need to be thought of as such.
EDIT:
Assume for a moment a merchant did try to associate tender used with each customer and that all cash transactions are made by people who did a cash withdrawal from only a bank (which is definitely not the case in real life).
How would the merchant establish the identity of each person?
Ask every bank within a 20 mile radius if one of their tellers or ATMs issued each note used?
And what would happen to financial institutions which produced this information?