Privacy Guides

16752 readers

1 users here now

In the digital age, protecting your personal information might seem like an impossible task. We’re here to help.

This is a community for sharing news about privacy, posting information about cool privacy tools and services, and getting advice about your privacy journey.

You can subscribe to this community from any Kbin or Lemmy instance:

Learn more...

Check out our website at privacyguides.org before asking your questions here. We've tried answering the common questions and recommendations there!

Want to get involved? The website is open-source on GitHub, and your help would be appreciated!

This community is the "official" Privacy Guides community on Lemmy, which can be verified here. Other "Privacy Guides" communities on other Lemmy servers are not moderated by this team or associated with the website.

Moderation Rules:

We prefer posting about open-source software whenever possible.
This is not the place for self-promotion if you are not listed on privacyguides.org. If you want to be listed, make a suggestion on our forum first.
No soliciting engagement: Don't ask for upvotes, follows, etc.
Surveys, Fundraising, and Petitions must be pre-approved by the mod team.
Be civil, no violence, hate speech. Assume people here are posting in good faith.
Don't repost topics which have already been covered here.
News posts must be related to privacy and security, and your post title must match the article headline exactly. Do not editorialize titles, you can post your opinions in the post body or a comment.
Memes/images/video posts that could be summarized as text explanations should not be posted. Infographics and conference talks from reputable sources are acceptable.
No help vampires: This is not a tech support subreddit, don't abuse our community's willingness to help. Questions related to privacy, security or privacy/security related software and their configurations are acceptable.
No misinformation: Extraordinary claims must be matched with evidence.
Do not post about VPNs or cryptocurrencies which are not listed on privacyguides.org. See Rule 2 for info on adding new recommendations to the website.
General guides or software lists are not permitted. Original sources and research about specific topics are allowed as long as they are high quality and factual. We are not providing a platform for poorly-vetted, out-of-date or conflicting recommendations.

Additional Resources:

founded 1 year ago

MODERATORS

[email protected]

292

PayPal will use your purchase information and shopping patterns to sell targeted ads (www.theverge.com)

submitted 5 months ago by [email protected] to c/[email protected]

75 comments fedilink hide all child comments

“If you’re someone who’s buying products on the web, we know who is buying the products where, and we can leverage the data,” Grether said in a statement to the WSJ. He also said that PayPal will receive shopping data from customers using its credit card in stores.

A PayPal spokesperson tells the WSJ that the company will collect data from customers by default while also offering the ability to opt out.

PayPal is far from the only company to sell ads based on transaction information. In January, a study from Consumer Reports revealed that Facebook gets information about users from thousands of different companies, including retailers like Walmart and Amazon. JPMorgan Chase also announced that it’s creating an ad network based on customer spending data, while Visa is making similar moves. Of course, this doesn’t include the tracking shopping apps do to log your offline purchases, too.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 1 points 5 months ago (1 children)

The problem with buying crypto in PayPal is that, last I checked, you can't withdraw it from their ecosystem. I'm not interested in crypto for investment or whatever, I just want to regain some control over my finances. I mostly use cash for everything (part of why I buy in person as much as possible) so I have more control than some but fiat is still largely worthless compared to Bitcoin and other non-gimmick coins.

So, you're saying that if I use Coinbase, I could withdraw the keys and have full custody over it after I buy it? Then where's the custodial catch that I always hear about with Coinbase?

[–] [email protected] 2 points 5 months ago* (last edited 5 months ago)

you can’t withdraw it from their ecosystem

They changed that a while ago

So, you’re saying that if I use Coinbase, I could withdraw the keys and have full custody over it after I buy it? Then where’s the custodial catch that I always hear about with Coinbase?

Yes. Idk what specific criticisms you're referring to but probably just related to how it is a centralized exchange, which does have some genuine drawbacks like reduced privacy, for instance they don't sell Monero or other privacy coins. The reason I also mentioned Kraken is that it is the only fiat gateway exchange that does sell Monero, with other ones if you want to be private you would have to first buy some non-private crypto, then send to a crypto to crypto exchange to buy a privacy coin and go from there. Also there are a lot of people that just buy crypto on Coinbase and never withdraw it, so for them it's custodial all the way.