InvisiBuy - Anonymous online buying alternative to Bitcoin

invisibuy.com

1 pointtg34 comments

This is not anywhere near anonymous. All transactions go through "InvisiBuy", and you're trusting "InvisiBuy" to not keep records or even willingly give information to the Government. BitCoin may have it's flaws, but it's better than this.

Thanks for the feedback. We recognize that customers do have to place some level of trust in us as a company, however, we've pledged to delete all individual transactional data 30 days after a transaction is completed.

Our customers do have to trust that we'll honor this pledge, but it is in our best interest to do so, since our entire model is one of retaining customer privacy. We try to limit the amount of information we collect on customers in the first place, and delete it soon (30 days) after.

Thanks again for your feedback, we need it to improve our service!

Most kinds of transactions that require anonymity are illegal. Considering that police investigations crack most cases within 72 hours after the crime's been committed, I think you have a snowball's chance in hell of having your business take off. You either do not keep any records at all, or this is not a business. BitCoin's already eaten your lunch.

Meh. Still centralized.

Reply on news.ycombinator.com