From: jgrubs@left.webcasters.com (Jim Grubs (W8GRT))
Date: Thu, 21 Sep 95 07:18:16 PDT
To: cypherpunks@toad.com
Subject: Re: USA Today on Fear of Credit Cards over Net
Message-ID: <0u8RBD2w165w@left.webcasters.com>
MIME-Version: 1.0
Content-Type: text/plain


"Perry E. Metzger" <perry@piermont.com> writes:

> 
> Re: The risk of credit cards.
> 
> I suppose that indeed there are large risks elsewhere in the credit
> card system. However, I think that the credit card system itself is
> stupid and insecure and ought to be scrapped -- sending around account
> numbers as magic keys to get payment is a stupid move. Its not
> suprising how large credit card fraud is.

Hence the fast growing popularity of those cash cards. 


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