1995-01-04 - Re: Anonymous payment scheme

Header Data

From: bmorris@netcom.com (Bob MorrisG)
To: cypherpunks@toad.com
Message Hash: 6849d382618b45efb6e2c6104a4723ad14d720a4a651472102558f49c800120c
Message ID: <199501041652.IAA22982@netcom7.netcom.com>
Reply To: <Pine.NXT.3.91.950103080014.28792B-100000@kisa>
UTC Datetime: 1995-01-04 16:52:49 UTC
Raw Date: Wed, 4 Jan 95 08:52:49 PST

Raw message

From: bmorris@netcom.com (Bob MorrisG)
Date: Wed, 4 Jan 95 08:52:49 PST
To: cypherpunks@toad.com
Subject: Re: Anonymous payment scheme
In-Reply-To: <Pine.NXT.3.91.950103080014.28792B-100000@kisa>
Message-ID: <199501041652.IAA22982@netcom7.netcom.com>
MIME-Version: 1.0
Content-Type: text/plain


BL>  I don't see why a debit card couldn't be anonymous

BL> Why should a bank care who you are once they have
BL> your money in the account.

The bank might not care.  The IRS probably does and would insist on
knowing about transfers from bank accounts to anon debit cards.

BL> you don't lose the card how can someone use your account?

Just like with real cash.  Possession is ownership.  Digital cash
involves crypto and, I assume, some type of personal ID?






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