26.11.2014 - Could Digital Currency Make Our Money More Secure?
Some parts of the architecture of digital currency are vastly superior to existing systems. When you pay for something with a credit card, you are giving someone all the information they need to know to buy something online. What an idiotic way to architect a system — that if I pay someone, I tell them everything they need to spend my money. If I’m paying you, you shouldn’t have to know how to buy something with my credit card. You should have to know how to receive something with my credit card. It was a decades ago stupid mistake to make it work that way.................................Full Article: Source
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