[24783] in Cypherpunks
Re: Anonymous payment scheme
daemon@ATHENA.MIT.EDU (Bob MorrisG)
Wed Jan 4 12:08:47 1995
Date: Wed, 4 Jan 1995 08:52:48 -0800
From: bmorris@netcom.com (Bob MorrisG)
To: cypherpunks@toad.com
Reply-To: bmorris@netcom.com
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?
