ATM For Anonymous Online Payments

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."

A black dude wanting your money?

[Anonymous Coward]

He looks suspicious, kinda OJ-like. I'll pass.

Great!!

[DogIsMyCoprocessor]

This will allow me to assist my Nigerian friend, Joseph Mbuto, in his attempt to free the $21 million dollar account his uncle once controlled.

What is happening to the English language?

[Khomar]

From the article: "N the 1997" N?! Now even the New York Times is slipping into Net-speak. *sigh* My old high school English teachers must be in agony. So much for the American education system....

Re:Too Much Freedom?

[autopr0n]

Well, no, that's not true. Sure, I can hand cash to someone anonymously but I can't (easily) send cash to someone in -say- Afghanistan. I'm sure it's possible, but you'd really have to work at it.

Just stick it in a bloody envelope! My god people are so uncreative these days. (Sure, you risk losing it, but the risk isn't that great. You could also break up the cash into several letters to diffuse the risk of loss)

Re:The market

[jbottero]

Arn't you the "upper mid-level management" [slashdot.org] from Corel? See, this is what went wrong at Corel, all the managers are surfing the net for porn!

Huh?

[autopr0n]

Why not just use the $1000 to buy the gun? What's the point of buying the card?

Re:What is happening to the English language?

[Anonymous Coward]

...even the New York Times is slipping into Net-speak. *sigh*...

Doesn't "*sigh*" count as net speak? How embarrassing.

Actually,

[chriso11]

The conversation really goes like:

I'd like a gun and ammo
Here you go. That'll be $342.22
Here's my anonymous cash card!
Right, here's your pistol and ammo.
Oh - I won't be needing a bag...

Re:Perfect.

[Anonymous Coward]

Fake?!? But the guy at the store said that vagina was REAL!

C2lt...

[heironymouscoward]

is OK, but the real winner for the adult industry has got to be HSBC's rival Cl1t system. So much more to the point...

NYT Registration gets us AGAIN!

[writermike]

"The New York Times has an article about a way to anonymously transfer cash online (NYT registration required)."

You mean I actually have to register with the NYT to anonymously transfer cash online?!

WHEN. WILL. IT. STOP?!

Re:Going to need alot of work

[tunah]

once some dumb criminal discovers he can use it to buy a gun (insert 1,000 $, get the card with amount on it, give to gun seller then go bang-bang) and then uses that gun to say... kill a high political figure (no insinuations there!!!) or popular person etc. BAM! instant ban or regulation.

But of the money-transfer device, obviously, not guns.