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That seems like a solvable problem though. For instance, prepaid cards or apps based on a similar principle should fix this.
by fauigerzigerk 11y ago
That seems like a solvable problem though. For instance, prepaid cards or apps based on a similar principle should fix this.
- dude01 11y agoOk, but how do you buy the prepaid card? Through a track able electronic purchase I'd guess.
- fauigerzigerk 11y agoThe purchase of the prepaid card can be tracked just as getting cash from a cash machine can be tracked. But that's where the track ends. If the prepaid card is anonymous, it can be passed on to someone else as payment for instance. Whether we have anonymous electronic payments is not a technology issue. It's a political question. The danger is that governments could use the demise of cash to ban anonymous payments altogether. I'm just saying that the loss of anonymity is not an automatic consequence of electronic payments.
- mschuster91 11y agoBy KYC laws prepaid CCs have to be registered with your name and address.
- ersii 11y agoWhat jurisdiction are you talking about? There are prepaid Internet enabled Visa/Mastercards available at 7-Eleven/Pressbyrån in Sweden from the supplier "Spendon" (www.spendon.se). No questions asked when purchasing them. It's sold as a "gift card" though.
- cdcarter 11y agoAt least in the US, to enable them for internet use, you have to register the card online.
- mschuster91 11y agoGermany. Prepaid Mastercards require the shop owner to photocopy your ID card.
- fauigerzigerk 11y agoBut that is a political decision, not a necessary feature of electronic payments. If cash really does go away at some point, political pressure might grow to make smallish anonymous purchases possible by relaxing that sort of regulation.
- netcan 11y agoLook at the present. Cash remains the one widely used, untracked money.
- mahyarm 11y agoThat is one law away from automatic registration & association of prepaid card purchases.