reply to post by redoubt
yep, well my thoughts about is that they want us to get used to using credit cards and other stuff that dosen't use cash or any paper money form. I
think that this could be the starting of creating a new national id card system where the card will be used as credits. like a credit card but also
has so much information about you like your health insurance,car insurance.
Right now I know of ohio university they are doing research on new computer memory concepts. They already tested one that works.
It's a small piece of plastic that is magnetized. They said you can get on a small stick of it about 20 terabytes. that is just the size of the rf
chip of this plastic. So it's really small and in that size it can hold 20 terabytes of data. That is alot of data.
If you take such memory technology and put it in the card you can now how so much information on that card. I wounder if this is the start of getting
us on credit cards.
So we will pick up a habit to use the credit cards and then they will bring up the idea of the national id card once they can mass produce this
plastic memory material.
They then will slowly get us off the credit cards and use the national id card. They will use marketing tactics to tell people that this card is good,
you can cross borders and do many things. Because all of your information will be on a single card where you can use this card for everything.
I mean I know about that plastic memory technology and I think it's going to be mass produced by 2011. Just knowing that this small chip can hold 20
terabytes of memory opens up more possibilities to use it. I mean I can imagine that it could be used on just one card to hold a huge majority of
So I am just saying I thought that this was some way to get our society to get used to using a credit card rather then using cash. I seen it at every
gas station. I seen signs like any purchases under 1 buck you have to use cash no credit cards. I then see many people buying a 1 buck candy with a
credit card and the cashier would deny them asking for cash only and then the customer would yell why? are you too cheap? Like they don't understand
that retailers have to pay a transation fee for every credit card they accept and any purchases under 1 buck will not give them a profit or will be
little because of the transaction fee.
So I am just saying I see many people using credit/debit cards all over. I think at some point everyone will be using a credit card or debit card.
When that happens people will get used to using credit cards/debit cards and forget about how we onced use cash. Then the next trend is to push people
to get a national id card where you can use it to speed up everything. It will have all your information like bank account and purchases, health
insurance and much more data.
Once we get that plastic memeory that cna hold 20 terabytes this will start cards that holds more data. Now if the gov does push people to use a
national id card we won't think twice about it because we will only see one side of it. The good side. Like using it as a passport and as a
credit/card and debit card and at the same time can be a ID used also as a drivers license. I mean if the card can hold at least 20 terabytes of data
you can imagine that card can hold huge amounts of data.
This is what I am thinking.
Also I know about credit card companies sending cards in the mail with your name on it and ready to be used without any sigature.
What I was saying was that my college is a education institution and now a finicial instiution.
The college just opened up their own bank. Not making a contract with other banks or using a commercial bank to create credit cards.
My college has their own bank that they made. They automaticly opened an account for me with them.
I thought their is some legal laws that they must have the person that opens the account to sign something that proves that person owns that account
and any fess associated with that account the account holder will pay for it.
I mean when I opened up my own bank account with nonprofit bank. They had me sign something that said that I will pay any fees associated to this bank
account. I was 19 at the time. I never used a credit card till this day and have no credit history.
I was told that you are supposed to use a credit card to buy something and then pay it back to the credit card company. That will create a credit
history for you.