kerblogger

When you place your money on the counter in the deli, it’s rather definitive. When you drop your wallet on the subway, that’s definitive. The fact that hard currency can be lost and stolen makes a great case for more “secure” methods of value transfer. Everyone imagines that the credit card companies are taking care of this. Sure, there are lots of PINs and passwords in our financial lives, but the credit card companies are concerned primarily with their precious margins. They are too busy extorting “protection money” from both consumers and merchants for a security that never materializes… @