On Fri, 3 Nov 2000, R. A. Hettinga wrote:
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In which a skeptical eye is cast on various privacy enhanced web shopping tools. Here's one gem from the article:
"Anonymity works in the favor of fraudsters," -- VP at Visa.
Consider the business he's in. If you're lending money (which is what credit cards are about) then yes, anonymity works in favor of fraudsters, because you can't prove who it is that owes you money. If he was mainly in the *debit* card business, he wouldn't have to give a damn. But speaking from his universe of experience, he's right. Another score against privacy in the modern world is the reliance of the sheeple on debt instruments. With debt instruments, of *COURSE* they have no privacy (and no money, either, but that's a separate rant). Bear
"R. A. Hettinga" wrote:
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Date: Fri, 03 Nov 2000 08:41:55 -0800 From: Somebody To: rah@ibuc.com Subject: psst! wanna buy some anonymity, meester?
In which a skeptical eye is cast on various privacy enhanced web shopping tools. Here's one gem from the article:
"Anonymity works in the favor of fraudsters," -- VP at Visa.
And usury works in favour of credit card companies - his point is? :-) Cheers, Ben. -- http://www.apache-ssl.org/ben.html "There is no limit to what a man can do or how far he can go if he doesn't mind who gets the credit." - Robert Woodruff
participants (3)
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Ben Laurie -
R. A. Hettinga -
Ray Dillinger