[LINK] contactless credit cards

Stilgherrian stil at stilgherrian.com
Thu Nov 18 09:26:15 AEDT 2010

On 18/11/2010, at 9:19 AM, Birch, Jim wrote:
> 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.)

This makes it the perfect time to link to this piece today from one of my favourite blogs.

"This Is Why We’re In A Recession, Part 5"


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