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<p>[QUOTE="Blaubart, post: 1468114, member: 37498"]Yes, of course. Cashless means no more counterfeiting bills or coins. But there will be fraud. Lots and lots of it.</p><p><br /></p><p>Or will this new system eliminate all of the vulnerabilities that currently exist in our various forms of electronic currency: Credit Cards, Debit Cards, ATM Cards, RFID Devices, Electronic Banking, etc. Every single one of which has been compromised by idiots who read how to do it on the Internet. Idiots that just happen to own a computer or have access to one, and bought a little bit of hardware online. Keep in mind that these same idiots would never have the competency to produce a passable counterfeit bill or get away with spending it.</p><p><br /></p><p>But, nevermind all that. Electronic currency is the answer! (But only because it'll probably increase tax revenue and increased revenue to companies like Visa and MasterCard)[/QUOTE]</p><p><br /></p>
[QUOTE="Blaubart, post: 1468114, member: 37498"]Yes, of course. Cashless means no more counterfeiting bills or coins. But there will be fraud. Lots and lots of it. Or will this new system eliminate all of the vulnerabilities that currently exist in our various forms of electronic currency: Credit Cards, Debit Cards, ATM Cards, RFID Devices, Electronic Banking, etc. Every single one of which has been compromised by idiots who read how to do it on the Internet. Idiots that just happen to own a computer or have access to one, and bought a little bit of hardware online. Keep in mind that these same idiots would never have the competency to produce a passable counterfeit bill or get away with spending it. But, nevermind all that. Electronic currency is the answer! (But only because it'll probably increase tax revenue and increased revenue to companies like Visa and MasterCard)[/QUOTE]
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