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> to get the "deposit" back, you need a proof of address, That's only for registered cards. Which makes perfect sense, because they're registered to an address
by shawabawa3 12y ago
> to get the "deposit" back, you need a proof of address,
That's only for registered cards. Which makes perfect sense, because they're registered to an address to prevent people stealing them and returning them for cash
- tomp 12y agoThat's a rather bad argument; that's like saying you should only be able to use cash that is registered to an address, to prevent people from stealing it.
- randyrand 12y agoThat actually sounds like a decent idea. Bitcoin is already this way. All "cash" is associated with an address. To use that cash you need to be the owner of that address.
- schoen 12y agoPretty different senses of "address", though! A street address or a cryptographic key.
- randyrand 12y agoYeah, it's an interesting comparison. For the Oyster card, you just need proof that you live where you say you do. For bit coin you just need to not lose your key. Similar purpose. Different execution. note: lose as in someone steals it.If it's totally lost the money is gone, as we know.
- shawabawa3 12y agoI don't understand your comment. You don't have to register your card. If it is unregistered and someone steals it there is nothing you can do to recover any money on the card. You can choose to register it, in which case you can transfer the balance to a new card in the case it is lost or stolen.