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I don't understand America's love for credit cards. They're unsafe, both for users and for merchants. PIN cards are safer, and they're much clearer about where the risks and responsibilities lie. Of course modern credit cards also support PIN, but I never see them used that way.

A more convenient way of handling credit cards is a useless idea to me. What we need is a safer and more reliable way to handle transactions. Preferably one that doesn't rely on politically motivated monopolists.




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