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Author Topic: Bitcoiners kill Bitcoin, and governments are happy, boycott the CEXs  (Read 879 times)
franky1
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January 07, 2023, 05:40:40 PM
 #81

Have a read about data brokers. It is a multi-trillion dollar industry which most people don't even realize exists.. A single data broker company known as Acxiom has 11,000 data points on 2.5 billion individuals. 11,000 data points! Can you even think up a thousand data points about yourself?

what you find is a single datapoint of say "email address". is only worth $0.0001
but some businesses want email addressess of people "aged 30-50", "male". and "enjoy chocolate"

this creates a basket datapoint value that is worth $0.02 due to it being a subgroup of a subgroup of a sub group  specific to a datapoint

its much like if you had a burger, a sausage, some onions, some cheese. and 4 condiments.
first appears to be just 8 ingredients(points) yet can be combined into hundreds of different varients of points

there are other double data points
eg one data point of: "meat eater".. is not just "enjoys meat", but also "non vegan"
eg "lives in the UK" is not just "british resident" but also "pound(£) user", "HMRC tax payer", "uses british brands"

its very very easy to create 1000 or even 11,000 data points by just knowing 110 things about someone where you can create new datapoints by combining a couple separate points into one larger subgroup datapoint
Eg "non vegan, under 30, female"

governments dont buy the random crap about if your a vegan or do you buy coffee
the FATF pay for KYC info that is supplied to them from suspicious activity. as a payment for delegating exchanges to police its customers
the tax office also as a separate agency pays for information on people of working age trading over $1k-$10k.. and $10k-$100k sub groups

governments dont care that you bought coffee using a starbucks giftcard you bought with crypto

but rival coffee companies would be interested in starbucks gift card customers.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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January 11, 2023, 10:48:13 AM
 #82

~
Have a read about data brokers. It is a multi-trillion dollar industry which most people don't even realize exists. Have a read of my thread here: https://bitcointalk.org/index.php?topic=5394338. A single data broker company known as Acxiom has 11,000 data points on 2.5 billion individuals.~

Thank you! This is an interesting information. Of course, I heard about something like that before, but the way it's explained in the Last Week Tonight with John Oliver is amazing, and it's definitely worth watching. The "middlemen of surveillance capitalism". F***ing hilarious! And a bit scary, I must say.

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