Venmo is doing a redesign, but it isn't fixing a huge privacy issue. Venmo

Venmo has always been a privacy dumpster fire.

Finally, it's changing privacy settings so new users' transactions will be set to be seen by "friends only."

But your contacts are still public by default — which is a nightmare.

Call me a grouch, but I find it really hard to make any compelling argument for why anyone needs to see a feed of their friends' activity on Venmo.

Is it really so interesting seeing that your friend paid someone for pizza?

Venmo's new redesign adds features that lean into that supposed social element. Transactions in your payments feed get larger images and even animated GIFs.

I really wish Venmo would focus more on what users deserve — privacy by default!…