Ninjastic
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Re: [ANN] TokenPay | The World's Most Secure Coin | TokenSale December 7th
by
TokenPayDerek
on 17/11/2017, 15:07:22 UTC
Quote from: leojust on November 17, 2017, 01:09:06 AM
Quote from: TokenPayDerek on November 15, 2017, 02:19:26 PM
Quote from: leojust on November 15, 2017, 05:00:26 AM
Some questions for the Devs.

If you are a total privacy coin and fully annon does that mean I can sign up for ICO using a pseudonym and not my real name?

If and when you acquire a bank and the Blue Diamond cards are issued, will I be required to go through any ID verification processes or can I use my pseudonym rather than my real name on the card a well?

How will the cards be delivered whilst maintaining total privacy?

If I use the card and fund it from my secure wallet does that then remove my privacy as there is a link between the spending/withdrawal using the card?


Thanks.



Very good questions, keep them coming! Smiley

I will address each of your questions

Your questions:
If you are a total privacy coin and fully annon does that mean I can sign up for ICO using a pseudonym and not my real name?

My reply:
When you use our desktop wallets all of the transactions will be anonymous given its link to the TOR network.  TPAY to TPAY transactions are always anonymous when using our wallets.  The minute you are connected to an exchange chances are there will be no anonymity given most of these exchanges comply with AML and KYC compliance. 

For the token sale, if you decide to use a pseudonym and not your real name, you can.  Many have already. 

Your question:

If and when you acquire a bank and the Blue Diamond cards are issued, will I be required to go through any ID verification processes or can I use my pseudonym rather than my real name on the card a well?

How will the cards be delivered whilst maintaining total privacy?

If I use the card and fund it from my secure wallet does that then remove my privacy as there is a link between the spending/withdrawal using the card?

My reply:
When TokenPay becomes a licensed entity we will be compelled to comply with the regulations in the jurisdictions in which we operate.  This is why it is important to have a privacy jurisdiction from day 1. 


Hi, thank you for the reply.  I think you sidestepped the final question though, given you have alluded to the fact that you will operate in the most privacy friendly jurisdiction, you did not answer the question about being allowed to have a pseudonym for the ownership of the card, or will your cards also fall under KYC/AML compliance rules no matter where they are issued from?

Sorry was not trying to sidestep the question. This will depend on the rules of the card issuer. Some cards have names, some do not. Think Green Dot Visa & Mastercard for example. These can be bought with cash at 7-11 and reloaded the same way. The major credit card companies ultimately operate under US regulations. Anybody who tries to spin a story otherwise is lying to you.