ATM For Anonymous Online Payments

Posted by simoniker on Monday July 21, 2003 @09:32AM from the hopefully-no-camera-mounted-in-atm dept.

prichardson writes "The New York Times has an article about a way to anonymously transfer cash online (NYT registration required)." The inventor, Carl Amos, believes the target market for his newly-patented 'Aunty IM' ATM machine "..might be teenagers.. [who] do not usually have their own credit cards, they usually have cash and are more than willing to spend it to download music or games", as well as "those who were worried about identity theft on the Internet, or who simply wanted the privacy it provided."

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Money Launderer's dream by L.+VeGas · 2003-07-21 09:38 · Score: 5, Insightful

'nuff said

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Re:Too Much Freedom? by Lord+Kholdan · 2003-07-21 09:42 · Score: 5, Insightful

Ok, I'm normally a big proponent of identity freedom on the internet, but I'm having a little trouble justifying this one. I think you need to be able to trace the money trail. I just think there are too many bad uses to justify the few good ones.

How about the fact that it's no different from cash?