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I know a couple of people that are often in China (small business relationships) and they both said that all purchases that they make are done with smart phone apps.
Doesn't the use of your credit card wish away privacy anyway?
Yes. Definitely. Credit Cards are personally identifiable and when they are misused by others, generally there is video to show who actually used them. The only people who should be upset about this is those who steal credit cards and pass themselves off as the owner of said card. Lots and lots of skimmers/scammers out there who this might deter, so I welcome it.
How do you think China could segregate who they wanted to have tested for Coronavirus vs not so quickly? The phones told them who had been in general proximity to someone who was testing positive. The phones are how commerce is done in many parts of the world.
We'll soon be in an era of ultra-accountability. I think my first taste of it was years ago in Europe when I realized that, because I didn't have a European ID card, I had no way of actually buying cigarettes from the vending machines. I needed both the ID and the money.
Yes. Definitely. Credit Cards are personally identifiable and when they are misused by others, generally there is video to show who actually used them.
Like when someone goes to Walmart at 2am and buys a shovel, trash bags, bleach and a saw with an old lady's credit card and that same old lady hasn't been seen for a couple of days.
The U.S. is also way behind in other areas of technology like E-Wallet's and paying for things.
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