[79272] in Cypherpunks
Re: This is not "cash" if the government demands a report...
daemon@ATHENA.MIT.EDU (William H. Geiger III)
Tue Apr 29 17:53:49 1997
From: "William H. Geiger III" <whgiii@amaranth.com>
Date: Tue, 29 Apr 97 15:44:50 -0500
To: Tim May <tcmay@got.net>
In-Reply-To: <v03007801af8c116b23e2@[207.167.93.63]>
Cc: cypherpunks@cyberpass.net
Reply-To: "William H. Geiger III" <whgiii@amaranth.com>
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In <v03007801af8c116b23e2@[207.167.93.63]>, on 04/29/97 at 03:01 PM,
Tim May <tcmay@got.net> said:
>At 11:26 AM -0800 4/29/97, Kent Crispin wrote:
>>I was refering to your purchase of the 'vette -- presuming the dealer
>>followed the law, the sale would be reported, and the amount, and
>>hence the transaction is not anonymous, even though you paid cash...
>Ah, Kent, so you are citing the government's intervention in cash
>transactions (part of the War on Some Drugs, of course) as evidence that
>cash has flaws. Well, I wouldn't call this cash, not if the government
>demands that True Names be taken down and reported.
Well just to put things straight I did *NOT* purchace the 'vette from a
dealer but "used" from a third party. What was or was not reported I can
not say nor do I care (one of the GOOD THINGS of cash).
>(Personally, I would never buy a car with cash, for lots of reasons. I did
>put a Ford Explorer on my Visa card once. Freaked out the dealership....)
I myself never buy new. One can save quite a bit by purchasing a car with
low miles that is only a year or two old vs. buying new off the lot. It
also allows me to deal with those with much greater reputation capital than
any dealrship that I have seen ( I would rather put my trust in the Dr.
down the road than Jo Blokes car salesman).
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