What information do you think you're giving up that you're not already giving up when you have a bank account, apply for something , or fill out a government form ?
Having a bank account, applying for things, filling out government forms is something you might not be able to avoid, depending on the lifestyle you choose to live. Everyone needs a bank account these days, but beyond that, it's possible to live without any of the other things, including government ID. I haven't had or needed ID for 16 years.
When you use any form of card transaction, you're revealing a great deal about yourself: what products and brands you prefer, when and where you shop, how much you typically spend on a given product, whether you take advantage of deals, where you are location-wise, what you eat, how much you eat, etc. From all of this data on you, they can compile it with everyone else's and use that to create/manipulate trends, create shortages, force people to use certain products, force out independent competition, etc.
If you carry a phone around with you, they can look at where you've been over any length of time in the past, who you've been within close distance to and for how long, what you're movement habits are, etc.
"paying into the higher cost of living". LOL what ?!
I think I just explained that a little more clearly here.
My cards are 0 yearly fee's, 0% on balance transfers and purchases (as long as I pay off the balance before the statements roll out). "their system" is them spending money to keep me on as a customer.
You sound proud of it the way you repeat that over and over. lol.
It doesn't cost them anything to keep you as a customer. They add that cost onto the products/services you and others pay for. That's partly how and why the cost of living keeps going up.
Look into Blackrock and Vanguard. Use Google and DuckDuckGo to look up those names together and start reading the articles that you get. They own everything through controlling stock using subsidiaries. They control the cost of living.
You just feed the beast by using credit cards, and they keep you using them by 'rewarding' you while others pay for what you didn't have to.
If you're not doing the same, and not using their system to crash them...you've learned nothing on this site. Nothing.
You're ignorant. You don't know anything about what I just explained and that shows it.
Enjoy pretending you're beating the system by taking part in it.
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