| ▲ | petcat 4 hours ago | |
> You may trust them with your money, but does not equate to trusting them with any other PII. This doesn't really make any sense and it feels like it's just an attempt to be contrarian. Banks by law require substantial PII in order to even do business with you. | ||
| ▲ | AnthonyMouse 2 hours ago | parent | next [-] | |
> Banks by law require substantial PII in order to even do business with you. And those laws are extremely invasive and should be repealed. It's offensive to have a law that de facto requires you to identify yourself in order to pay for a newspaper subscription or buy contraceptives over the internet. But that's not the issue in this case. It's that the bank knows your name and what you buy -- already very bad -- but now you want to create a path to tying that information to everything you do on the internet. | ||
| ▲ | win311fwg an hour ago | parent | prev [-] | |
> Banks by law require substantial PII in order to even do business with you. That is technically true, but keep in mind that in the early days of banking banks expected you to provide that information without the hand of the law requiring it. The laws you speak of came into effect after the fact to normalize across the industry what the banks were already doing. History is repeating itself in tech, and we already know lawmakers are waiting with bated breath to do their thing all over again just as they did in banking once critical adoption is there. I expect what you are trying to get at is that you are willing to trust a bank because giving them your life story was already normalized before you were born, so you have never thought to question it. Whereas tech doing the same now feels new and scary. However, that's a funny way to look at it as the kids born in the future, who never knew the world where you could use the internet anonymously, will see giving tech their ID as being no different than how you see giving your bank your ID. Although I can understand why you would now question why any business that does little more than store numbers on a computer needs a comprehensive profile on you by law or otherwise. Normalized does not equal sensible. That is a fair point. | ||