posted on Feb, 5 2007 @ 05:35 AM
You are forgettign something, if you get your ID stolen when you have a chip in your hand, then you will NOT be getting that money back. It will take
many years before they admit it isn't secure, and in that time loads of people will lose a lot of money.
Look at it this way, the chip will not improve security so why the hell should we have it?
Oh and the new PIN would be your fingerprint or something else, these are easily gained from latent prints. So you go to a cafe and have a coffee,
whilst in there a waitress scans the chip and now has that info, they get your cup and lift a print, two days later you are robbed. For anyone who
thinks this is paronoia or science fiction, well i myself practiced with latent prints after reading about Tsutomo Matsumotos experiments with it
years ago. I myself could copy my own prints easily, it's a joke it's being promoted as secure.
[edit on 5-2-2007 by ImaginaryReality1984]