After reading such news I have an obvious question. Does anyone know a PayPal-like service, that allows to hide the destination of my transactions from Mastercard / bank, but with a good privacy policy? Or how else can I restrict the usage of my financial data by mastercard or bank?
No it’s not. Crypto is very specifically not that. It’s an open ledger.
This is not accurate. Monero offers a very high degree of privacy and anonymity. So does Bitcoin lightning, to a lesser degree. Lightning transactions don’t go on chain and are known only to: sender, recipient, and intermediate nodes, if any.
Nice try FBI.