5 ms·
https://taler-ops.ch/ https://taler-ops.ch/ is live in Switzerland and allows exactly this: anonymous microtransactions. What law exactly would prevent someone
by prognu 1y ago
https://taler-ops.ch/ https://taler-ops.ch/ is live in Switzerland and allows exactly this: anonymous microtransactions. What law exactly would prevent someone from doing the same in the US?
- slaw 1y agoKYC is mandatory in the US. You can't send money without knowing your recipient. https://en.wikipedia.org/wiki/Know_your_customer https://en.wikipedia.org/wiki/Know_your_customer
- socalgal2 1y agoCan I send money to someone else and then have them pay? Example: etsy knows who I am but maybe every individual store does not? Similarly patreon knows who I am but each person I'm supporting does not? How about only fans?
- deleted 1y ago[deleted]
- slaw 1y agoIt's not you transferring money, it is Etsy, Patreon,.. they have to know recipient.
- PopAlongKid 1y agoUnless you are allowing 6-digit fraudulent payments, as documented in this other thread currently on page 2. https://news.ycombinator.com/item?id=44377104 https://news.ycombinator.com/item?id=44377104
- kjkjadksj 1y agoFunny how all these rules and privacy violations fall apart when you start paying cash.
- salawat 1y agoThey don't. Start doing a lot of activity in cash, and the banks file a report on that too. It's called a Currency Transaction Report. They may not be able to find you as easily, but they can create a link between you and being an individual with an unusual predilection toward doing economic activity in cash.
- kjkjadksj 1y agoLet them have that then. Better than seeing my merchant history.
- BobaFloutist 1y agoIn this hypothetical scenario, we know the recipient, just not the sender.
- sneak 1y agoThe Bank Secrecy Act (BSA) as amended under USA-PATRIOT. https://en.m.wikipedia.org/wiki/Bank_Secrecy_Act https://en.m.wikipedia.org/wiki/Bank_Secrecy_Act