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ehntoyesterday at 6:20 AM1 replyview on HN

> You'd want to be able to see how your process missed it.

An incredible risk to take on someone elses behalf, for personal gain. Don't worry, market forces will surely fix this, no need for regulation.


Replies

hombre_fatalyesterday at 2:51 PM

But, once again, it's the only mechanism we have.

We are decades beyond the days where the waitress uses a credit card imprinter to copy your credit card so the restaurant can charge your credit card later, yet that's still basically the state of our tech when it comes to authentication and payment.

Not even KYC institutions have better tech. You still upload a scan of your high value creds, maybe with your face in frame.