this post was submitted on 24 Jul 2024
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After reading such news I have an obvious question. Does anyone know a PayPal-like service, that allows to hide the destination of my transactions from Mastercard / bank, but with a good privacy policy? Or how else can I restrict the usage of my financial data by mastercard or bank?

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[–] kylian0087@lemmy.dbzer0.com 1 points 2 months ago (1 children)

Best way to hide transactions is with crypto. And namely Monero. Not exactly PayPal like but Monero is the most private.

[–] sem@lemmy.ml 1 points 2 months ago* (last edited 2 months ago) (1 children)

Unfortunately there are a very small amount of places when I can pay with crypto... I do not want to face also questions from AML officers. I'm not a journalist in the dangerous country or political activist, so Monero looks like an overhead for me.

[–] shortwavesurfer@lemmy.zip 1 points 2 months ago (1 children)

Monero is for everybody. The most common things I purchase on a monthly basis in Monero are Domino's Pizza and groceries. And as far as I'm aware, neither of those things are illegal. Monero is money, just like a $100 bill is money (currently). It is perfectly legal to hold and use Monero.

[–] umami_wasbi@lemmy.ml 1 points 2 months ago (1 children)
[–] shortwavesurfer@lemmy.zip 0 points 2 months ago (1 children)

No, but it's very easy to buy a Domino's gift card with Monero and use that.

[–] kylian0087@lemmy.dbzer0.com 0 points 2 months ago (1 children)

Where I live they used to accept BTC. Not Monero unfortunately.

[–] shortwavesurfer@lemmy.zip 1 points 2 months ago

Well, there are plenty of places that do accept Monero. Take a look at https://monerica.com and https://xmrbazaar.com which is a small but growing marketplace to buy and sell anything you wish (excluding illegal goods) .