[prognu]

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]

KYC is mandatory in the US. You can't send money without knowing your recipient.

https://en.wikipedia.org/wiki/Know_your_customer

[socalgal2]

Can 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?

[slaw]

It's not you transferring money, it is Etsy, Patreon,.. they have to know recipient.

[PopAlongKid]

Unless you are allowing 6-digit fraudulent payments, as documented in this other thread currently on page 2.

https://news.ycombinator.com/item?id=44377104

[kjkjadksj]

Funny how all these rules and privacy violations fall apart when you start paying cash.

[salawat]

They 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]

Let them have that then. Better than seeing my merchant history.

[BobaFloutist]

In this hypothetical scenario, we know the recipient, just not the sender.

[sneak]

The Bank Secrecy Act (BSA) as amended under USA-PATRIOT.

https://en.m.wikipedia.org/wiki/Bank_Secrecy_Act