[LINK] contactless credit cards

Birch, Jim Jim.Birch at dhhs.tas.gov.au
Thu Nov 18 09:19:26 AEDT 2010

Stilgherrian wrote:
>Unless we implement this vital time-saving technology immediately, our
civilisation will grind to a halt through inefficiency.

As commerce is perfected we move from primitive notions like the
physical exchange of goods, to the exchange of symbolic goods like paper
money and property rights, then into the virtual realm where payment
becomes increasingly abstracted and painless.  Finally we end up in a
commercial Nirvana where near infinite debts can be incurred with a
minimal electronic wink or even without being aware of it at all.  :)

(Then it all goes bang.)



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