Amazing, isn't it? Imagine if there was no process, whatsoever, to confirm whether a given transaction was valid or not. Then what kind of mess would there be? And how does this support the current situation? It doesn't.
The CC companies aren't being threatened with jail for being scammed. And it happens on a regular basis.
But if I hire someone with fraudulent papers well then "off with my head"!
If that is what I am being threatened with that then I want a system that works a little bit better then the CC system.
I can follow all the rules but there are still holes. And if we ever go to the "Fair Tax" system then the tiny net I have is going to be gone.