[49684] in Cypherpunks
Re: digital cash &c.
daemon@ATHENA.MIT.EDU (Carlos Perez)
Fri Feb 9 22:53:11 1996
Date: Fri, 9 Feb 1996 22:49:26 -0500 (EST)
From: Carlos Perez <carlos@Conrad.Harvard.EDU>
To: Jordan Hayes <jordan@Thinkbank.COM>
Cc: cypherpunks@toad.com
In-Reply-To: <199602080259.SAA13025@Thinkbank.COM>
On Wed, 7 Feb 1996, Jordan Hayes wrote:
> > it _is_ anonymous ...
>
> And then:
>
> > can be refilled at ATMs
>
> You make a deposit or something? How does the transaction clear?
> When they finally look in the envelope, they credit the card?
>
> Or do you mean just 'anonymous' between the user and the merchant?
>
> /jordan
>
sorry i wasn't clear: it is anonymous between the user and the merchant,
and between the user and the card distributer (in this case Visa).
"Refilling" at ATMs is essentially a download of "cash" from your bank
account into the card.
