Albania's Prime Minister Edi Rama recently announced an ambitious plan: He wants to make Albania the world's first cashless society before the decade is out.
Europeans are fucked as far as privacy goes. The GDPR is unenforced. But even if were enforced, the GDPR’s data minimisation (article 5) rule only obligates data controllers to consider options that are available.
We know from all the cashless bars in Amsterdam how naive and flippant consumers are about privacy. Creating a digital footprint of alcohol consumption is one of the most foolish things consumers can do, particularly in light of that Scandinavian guy who was denied a mortgage on the basis of his drinking habits, which were known to the bank by his purchase history.
Privacy aside, there is a human rights issue because banks treat different demographics of people differently. It’s disturbing how the human rights problem is so overlooked.
Europeans are fucked as far as privacy goes. The GDPR is unenforced. But even if were enforced, the GDPR’s data minimisation (article 5) rule only obligates data controllers to consider options that are available.
We know from all the cashless bars in Amsterdam how naive and flippant consumers are about privacy. Creating a digital footprint of alcohol consumption is one of the most foolish things consumers can do, particularly in light of that Scandinavian guy who was denied a mortgage on the basis of his drinking habits, which were known to the bank by his purchase history.
Privacy aside, there is a human rights issue because banks treat different demographics of people differently. It’s disturbing how the human rights problem is so overlooked.
In any case, Albania cannot join the EU while being cashless unless Albania keeps their own currency.