posted on Jul, 9 2014 @ 06:18 AM
lets face it the ONLY way for the average person not to get ripped off is CASH. any form of electronic currency can and will be exploited.
anything connected to the internet can and will be hacked and thus exploited. i actually wonder if some of these reports of things attached to
cash machines is a blatant misdirection on where the fault is. blame the people effected. for using their cards in stores and such that double
scan your card, "well you should have insured you could see what they were doing, IT'S YOUR FAULT". or a device like this attached to a machine, or
even a fake machine as have been found in malls and things that grab the information from unsuspecting people, "well you should not use a
machine outside a bank, or check it out before, it's YOUR FAULT". or from online purchases, "well you shouldn't use your card online, IT'S
YOUR FAULT". but wait a minute just how do they know how it has likely been done? easy when you have a problem they ask (or check), how your
card is used and deduce from that how it might have happened, and how YOUR NEGLIGENCE is the reason. they have no clue at all only
guesses all of which in the end can be said was your own fault it happened.
but what if in fact that is NOT what is happening at all, but it is just a smokescreen to allow them to blame you for it? who is to say some of these
things found in their machines for example, have actually been planted there by them covering up what really happens? that the
fault is actually their own security issues (but admitting to that puts the blame and liability for it onto them)? i am sure everyone remembers
the security issues from i believe it was from Target(?) last Christmas. where it seems that THEIR systems were hacked into to gain the
information. well is it far fetched to think that the banks themselves are also compromised? that perhaps a lot of this information is actually
being obtained from the banks themselves, either through hacking or even theft by employees, or combination of the two? banks are connected to
the internet, thus they are vulnerable to hacking since the only way to be sure that you can't be hacked is not to be connected at all. there
are government agencies who themselves hackers like the NSA, there are all the hackers from China (and i bet every other country, both
government sponsored and private). hacking is it's self a booming industry. and so just like every other business and person they are at risk for
this. which in the end means YOU are at risk of this via the banks. as such it should be the banks left holding the bag when it comes to money being
stolen out of their accounts, not the person, since there really is no way to tell just where, when and how that information has been stolen. this
makes even more sense when you remember that bank machines are bank controlled, interact terminals are bank controlled, in fact the only
banking type transaction that is not directly controlled by the banks is online, but they are still a part of it, and if security is not up to
par they can remove the ability for whatever sites they are concerned about to use it.
in the end the only really secure form of payments is for consumers is cash. any other currant method is more than exploitable. yet even cash
is exploitable (forgery) but that in the end is only to the detriment of the banks and government. gold coins would be more secure but even
they can be manipulated by things such as "shaving" them down, and counterfeit using substandard grades. but both of those are both more secure than
any form of electronic currency. yet many people don't have real access to banks other than machines due to banking hours being the same hours they
are at work. at this point in time to get rid of bank machines would require banks be open 24/7 which has it's own issues involved. probably far
easier in the end to just put any form of electronic theft liability onto the banks as they are the ones that have the control, and thus the real
responsibility to insure that "electronic transactions" are as secure as possible.