Posts Tagged ‘transaction’

“Thanks to Google, Facebook, and all the other data-gathering operations being run out of Silicon Valley, children born in the last decade will have no concept of privacy.

These companies will record, monitor, and track every single thing they do online. The word ‘privacy’ will be a meaningless term to them….

These Silicon Valley giants gather mindboggling amounts of highly personal data on their 4 billion combined users.

They then hawk it to advertisers… and even pass it on to the National Security Agency (NSA), via court-approved electronic eavesdropping programs….

Every traditional digital financial transaction you’ve ever made – credit card payments, bank transfers, even ATM withdrawals – has been tracked, stored, and monitored.”

-Chris Lowe

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There are several definitions of money changer; one of which is a bank.  They basically exchange forms of currency.  Associated with this transaction is a fee; of which can be a premium charge.  Think of it like this, money changes, or moves, from one to another.  Becoming dependent on such money changers consistently moves your money into their hands.  Stay away from the money changers by developing a reserve of your own in order to retain those fees for yourself.