1 month ago6 points(+0/-0/+6Score on mirror)3 children
Imagine if you will, a payment method were you give out a 16 digit number, heck literally broadcasting that number over radio over short distance so that anyone nearby can steal it from you. Anyone who has that number can take as much money as they want out of your account, and you'll be blamed for "not being careful enough".
A system that needs to make requests to centralized severs in many other countries, or the payment will fail.
A system that dictates over what you can spend your own money on, when you can spend it and how much you can spend. Yet they never care about pajeet scammers.
1 month ago1 point(+0/-0/+1Score on mirror)1 child
Plus if an ID like that would exist, various servers would have to host it to save payment information. So your ID which is supposed to be super secret is available all over the place, and one leak would expose the ID of possibly millions of users. The amount of damage that could be caused would be tremendous.
And it's not like all of this can be "fixed", like making things hacker-proof. There are new libraries and systems out (almost?) every day, and people will use WHATEVER they want, and create vulnerabilities in their database related systems accidentally. It's more likely that leaks will occur more often, especially when it becomes more lucrative.
Sounds too complex and difficult for tptb to tokenize and then group alienation and penalties. We need some thing more 'you were at xyz for abc and your eID showed this so we will suspend your tokens'
A system that needs to make requests to centralized severs in many other countries, or the payment will fail.
A system that dictates over what you can spend your own money on, when you can spend it and how much you can spend. Yet they never care about pajeet scammers.
It's insanity.
And it's not like all of this can be "fixed", like making things hacker-proof. There are new libraries and systems out (almost?) every day, and people will use WHATEVER they want, and create vulnerabilities in their database related systems accidentally. It's more likely that leaks will occur more often, especially when it becomes more lucrative.
*cough* Equifax *cough*
We're already living in a digital ID/currency world, so much so that I don't really see how blockchain could make it worse.
You’re not responsible for fraudulent charges, and no money is taken out of your account… you just owe them later.
Regardless crypto transactions work in the opposite manner without centralized servers.
Secondarily put all your money in a savings account, because external withdrawals cannot happen against one of those.