the holistic radical

November 29, 2007

I’m sorry, what’s wrong with cash?

Seriously, are people so dumbed down that they 1. cannot add; 2. cannot remember to bring cash around; 3. or are so selfish and ignorant that they cannot trust others to make change for them, so they’d rather appoint computers to do it? Have we not seen that computers are not infallible?

It’s insulting–the idea that we need “smart cards” because the people who own them are dumb.

People, use cash. If you don’t have the money in your wallet, you probably shouldn’t be buying it. Don’t become a debt slave. Or write a damn check. If your “merchant” will not take checks, ask them why. Start a fuss. Most ask for ID when taking checks anyway. Most can process checks electronically anyway, getting the money almost as fast as a credit transaction. And, finally, banks scan your check images. So why not use the checks you get with your account? It seems to me harder to forge a check than to  commit fraud with a stolen credit card. But I wouldn’t know; I haven’t seen any data defending checks anymore. I doubt the mass media would tell anyone. They are all for us falling into line with these progressively insecure technologies designed for us to spend more–and if our identities get stolen in the process, well, that’s just a necessary danger of modern living. Don’t fall for it.

Reuters
Published on ZDNet News: Nov 29, 2007 8:27:00 AM

Tags: Reuters, Wireless, Sony Corp., Card, CNET Networks Inc., Chip, Semiconductors, Network Technology, Hardware, Networking

 

Sony said Thursday that it and four other Japanese companies would set up a joint venture to promote the use of FeliCa noncontact cards, used for ticketing and electronic money transactions. The joint venture, which includes trading house Mitsui & Co and printing and electronics components company Dai Nippon Printing, will be established in January with capitalization of 400 million yen ($3.63 million). Sony will take a 60 percent stake, it said.

Plastic cards equipped with Sony’s FeliCa chips, which can be scanned for data transfers, are widely used in Japan and other Asian countries, including China and Singapore. Sony has shipped more than 250 million FeliCa chips since 1996. In Japan, electronics makers put the chips in mobile phones, turning handsets into e-wallets and e-tickets.

Story Copyright  © 2007 Reuters Limited.  All rights reserved.

©2007 CNET Networks, Inc. All rights reserved. CNET , CNET.com , and the CNET logo are registered trademarks of CNET Networks, Inc. Used by permission.

Story Copyright © 2007 Reuters Limited. All rights reserved.

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