Originally posted by myAboveTopSecret
1) The Chip only stores a 16-digit code.
Everything else is stored on their databases.
The chip is read-only.
That in itself lends to serious problems. The server then needs to be accessed which means having a large amount of people with keys, this leads to
lax security. We have seen the same problem here in the UK with the proposed NHS database. The thing is so unsecure that they have gone over it again
and again trying to fix it.
The human factor will always be the problem.
Originally posted by myAboveTopSecret
2) If the chip does not work it's your problem.
How is that a good thing? So if some scumbag manages to cause a malfunction in my chip then i'm in trouble? How is that fair or even resonable?
Originally posted by myAboveTopSecret
3) If someone steals your chip or creates one with the same number
they effectively become you, because the chip says so.
Yes i know that and that's why i don't want the chip. Furthermore it could easily be abused by government, remove your number from the system and
you no longer exist, can't buy food, will no doubt get arrested as an illegal immigrant. Eventually people will get the message, shut up or get
removed from society.
Originally posted by myAboveTopSecret
4) As mentioned in #1 the information is stored in their databases
not on the chip itself.
This is all well and good but refer to my point regarding the database.
Originally posted by myAboveTopSecret
5) You just need the right "problems" and people will line up voluntarily
to get their own chip.
Just make the process of paying with cards, cash and so own a little more
time consuming and a lot of people will get the chip "to save time"
I hate to believe this but sadly i think it's correct.
Originally posted by myAboveTopSecret
EDIT: What they mean by "deactivate the chip" is changing or deleting the entry in their database. Your chip is still fine, but somehow instead of
having some money in your bank account you have a lot of debt or you don't even exist anymore (according to the database).
Yes and this is surely the big problem. When i hold 10 pounds in my hand, metal or paper, that at least can be exchanged for goods. I know many people
here don't like paper money but at least it's tangible. With nothing but numbers on a screen you are an easy target for removal by political
bullies.
Further i like to use cash to avoid all of those stupid junk mail companies. By using cash all the time i have hardly any junk mail.