A little primer for you on data:
Public data- is data that you allow to be known by untrusted parties.
Private data- is data you allow to be known by only trusted parties.
Secret data- is data you allow to only be known by yourself.
A transaction with a merchant is in the "public" sphere of data. I was not implying that every transaction is put in the newspaper and pushed onto people's Twitter feeds or something.
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when I make a transaction, my transaction counterparty knows I need what he is selling and have money to pay for it.
that is the data I am "allowing to be known by untrusted parties."
so your study for the day is to look up the word "public."
because that isn't what it means.
using money is a PRIVATE intercourse. I decide who I interact with and what data to reveal in the process.
your attitude that is *public by nature* is modern state-sponsored disinformation.
I know what these terms mean, you are mistaken.