To: EQAndyBuzz
All this does is confirm who you say you are. Not at all. It only confirms that you are holding a card. There are no guarantees that the information the card is valid nor that information linked from the card to a database is valid. (It can be guaranteed that such a database always compromised.)
If you are going to trust the card so much, then it becomes much more valuable to make a counterfeit.
40 posted on
10/18/2004 12:03:17 PM PDT by
Doctor Stochastic
(Vegetabilisch = chaotisch is der Charakter der Modernen. - Friedrich Schlegel)
To: Doctor Stochastic
And that is why you make it so it cannot be counterfeited.
48 posted on
10/18/2004 12:28:16 PM PDT by
EQAndyBuzz
(Control the information to society and you control society.)
To: Doctor Stochastic
Not at all. It only confirms that you are holding a card. There are no guarantees that the information the card is valid nor that information linked from the card to a database is valid. (It can be guaranteed that such a database always compromised.) Typical "progressive" crap. If it's not "perfect" it's not usefu.
Funny thing is, hundreds of millions of legitimate credit cards are daily verified around the world, using identical type of databases, and businesses have not abandoned the whole thing due to a small percentage of fraud.
As a bonus, constant checking produces a constant stream of busted criminals!
153 posted on
10/20/2004 9:04:14 AM PDT by
Publius6961
(The most abundant things in the universe are hydrogen and stupidity.)
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