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> Banks could issue digital cash with greater anonymity Why would (a) my bank want to do this, and (b) why would I want my bank to do this?
by Igelau 6y ago
> Banks could issue digital cash with greater anonymity
Why would (a) my bank want to do this, and (b) why would I want my bank to do this?
- inter_netuser 6y agojust post all your financial statements on the web for everyone to see. you've got nothing to hide, right?
- mj4m1n 6y agoThe point here is that bitcoin is incredibly transparent, which on one level one may welcome, but on another certainly not. (a) providing cash level privacy to customers, which (b) they should probably value more than they do.
- PeterisP 6y agoWhat "cash level privacy"? Banks have to report all significant cash transactions and ensure that customers can't deal large quantities of cash anonymously; and in the exact same manner they would also have to report all significant e-cash transactions and ensure that every customer with whom they deal large quantities of e-cash can't be anonymous.