Privacy

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A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Posting a link to a website containing tracking isn't great, if contents of the website are behind a paywall maybe copy them into the post
Don't promote proprietary software
Try to keep things on topic
If you have a question, please try searching for previous discussions, maybe it has already been answered
Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
Be nice :)

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Why cryptocurrency is so bad (lemmy.ml)

submitted 3 years ago by [email protected] to c/[email protected]

15 comments fedilink hide all child comments

"Cryptocurrency is one of the worst inventions of the 21st century. [...] It has failed to be a useful currency, invented a new class of internet abuse, further enriched the rich, wasted staggering amounts of electricity, hastened climate change, ruined hundreds of otherwise promising projects, provided a climate for hundreds of scams to flourish, created shortages and price hikes for consumer hardware, and injected perverse incentives into technology everywhere. Fuck cryptocurrency."

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[–] [email protected] 7 points 3 years ago (1 children)

I had to change my bank earlier this year because the old one insisted on a stupid app. However the EU directive does not by itself require such apps, it is rather that the banks find them convenient and thus now under the cover of this new legeslation try to switch everyone over.

[–] [email protected] 1 points 3 years ago (2 children)

My mistake, then. I've contacted every bank in my country and for online purchases they either want you to install an app or to sign up on a third party website I've never heard of. Because of this I had assumed this is now practiced everywhere in Europe.

[–] [email protected] 3 points 3 years ago

The new legislation AFAIK says that banks require some sort of 2FA for such transactions. This is IMHO a sensible requirement for security. The problem is really that most banks have a horribly outdated IT infrastructure and thus try to outsource this to external app developers or services.

At least here some banks still offer 2fa via SMS. Not the most secure, but works on nearly any device.