The system I designed would actually benefit third parties. The chip could be put anywhere - key fob, cell phone, etc. - and would bring up any payment source (gift card, debit card, credit card) that you wanted. You'd swipe, select, fingerprint, and go. 10 seconds and no wallet to carry any more.

The digital wallet on a phone is very close to release as well.

Of course, can't get into much more detail. NDAs and all that.

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When they come a wull staun ma groon
Staun ma groon al nae be afraid
Thoughts awe hame tak awa ma fear
Sweat an bluid hide ma veil awe tears

I'm not so sure it's found in appreciable amounts in green tea (that's what I'm thinking of). In small amounts, I don't see it being an issue though.

As with many things.

You'd be amazed at the numbers of toxins and poisons your body deals with daily.

Won't use one.

Call me old fashioned but I'll stick with cash.

We'll see.

It may not be too far in the future where some retailers stop taking cash. The cost of cash handling is mounting, especially when compared to electronic payments.

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When they come a wull staun ma groon
Staun ma groon al nae be afraid
Thoughts awe hame tak awa ma fear
Sweat an bluid hide ma veil awe tears

No biggie, I'll shop elsewhere.

As so the chip/hologram is removable?

That's interesting, never even thought about that before.

And due to the added security no risk of fraudulant use incase of loss/theft etc?

Impressive!

Yeah i've heard lots of stuff about specific "x" objects being used as a payment method with no interraction (or almost none) required. Phone would probably be most practical as you could use the same chip as the chip in the phone, or is that non compatible due to geographic zone locks and stuff?

Also i assume it can only work with contracted phones and not pre-pay?

Yeah i understand if you can't say much more, thanks for all the info!

I don't know why you think cash is easier/better?

Anyhow i doubt it'll be the politicians who are the ones who tell you to use plstic more than green notes, it my well be the free market at work in the next decade or so when retailers one by one stop accepting it.

Then what are you gonna do?

I'll check if that is it or not, i'll get back to you.

Oh yeah i know. which is why things like full body scans are uttely silly and pointless. You'll find 10 thousand things that might well be wrong with you and all of them may well be harmless, and yet whatever is still making you unwell goes untraced!!

It depends on whose system they're going to go with. There's talk about reducing everything to interaction on a cell phone, but that may take a while for consumers to buy in to. The other-than-a-card chip systems are already in use in many parts of Asia - kids have a toy that has an embedded RFID chip that they can use to buy things at school and that sort of thing.

It's going to be fascinating to see how this stuff rolls out. I know that personally I don't carry cash any more (I have $1 in my wallet that I've had for a while, but otherwise...). I like the security and tracking features, and of course the free airline miles don't hurt...

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When they come a wull staun ma groon
Staun ma groon al nae be afraid
Thoughts awe hame tak awa ma fear
Sweat an bluid hide ma veil awe tears

What the hell is with the scripture?

I was referring to the "studies" that come out every few years, especially for things like coffee/tea, eggs, and alcohol. We've all heard them before - "A recent study finds that X is bad for you...", and then a few years later, the latest latest study says otherwise.

I figure that everything is probably bad for you if you do too much of it, even something as seemingly harmless as drinking water - too much of it, and you can actually hurt yourself.

I've heard about other R-chip systems that worry me a little because they have non-adaptive electronic transfer systems, so new technology comes out and you have to upgrade the chip. But i guess that's how product manufacturers make their money...i just hope it doesn't cost like 1000 bucks when it first comes out, and then like a couple years later you have to buy another one!

Yeah i have been carrying like the same 5 bucks for like 3 months now, and i have a british pound coin i think too which i use for trolley/carts in superstores etc whenever there.

But yeah i swear i live for airmiles!! I get so much i have enough to get 12 extra trips per year which i never even use, and i'm just stacking up different airmiles credit cards, i now have 3 of them!

I'm not worried about having to "do" anything.

This "cashless society" that some fantasize about will always be that.

Fantasy.

Nevergonnahappen.

I think the only ones who will stick to that sort of "cash option" argument are the likes of Norin Radd and co who believe in wild conspiracy theories that the Jews are all monitoring our finances etc, its as silly as the "pay no taxes" crowd.

Rookies...

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Obama's New "57 State Patriotic Pin":




Sayeth John Drake - 10/13/08: "OK, you're right, I admit to LYING"

Thought you'd like that

It is appropriate here though.

Yeah, "study" study study study... and we still don't know squat for certain.

Except that humans are generally full of crap

THAT we know for certain.

Yes, there was some kind of radio show water drinking contest not long ago where someone died from drinking too much h2o. Yes, even water kills Dilute all your electrolytes enough and your electrical system shuts down. Yer dead Pretty cool huh ? Or not