Comment Re:The End Of Paper Money? (Score 2, Informative) 661
The smart card is like a filesystem; with different levels of access. The card controls access since there is a computer on it to.
They programmed it so that you can access the money at all times but you need to enter the pin to even see the bank account or name of the user.
Yes its totally anonymous.
The card is completely self containing; there is no communication to the bank needed.
