VISA and other payment processors already collect and sell this data. | Hacker News

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		ethanklitz on June 18, 2019 \| parent \| context \| favorite \| on: Facebook reveals its cryptocurrency Libra VISA and other payment processors already collect and sell this data.

tzm on June 18, 2019 [–]

VISA's transaction data is not the same as Facebook's social data. Combining the two is the point of concern. We have financial regulatory laws for this reason

daodedickinson on June 18, 2019 | | [–]

Combining those two with thousands more is the point of Palantir, and has been since its beginning.

geggam on June 18, 2019 | | [–]

:)

Good thing they dont share the actual data and only share hashes ;)

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