When will Americans rediscover the advantages of cash and paper checks over digital money?
After high school, when I went to college and got my first job, I paid for everything with cash. When I got my first rental house, then got married, I paid for my gas and groceries with cash and my utilities and other bills by check. If I ordered products through the mail, I checked the website to see if I could order by phone, to avoid sending my credit card numbers over the internet.
I didn't worry about being robbed, because in addition to cash I carried a .38 snub nose.
I know that there is always Lifelock and other ID theft protection services, but I can't help but feel that, sometimes, the simple answer is the best: don't want your debit card number stolen? Don't use a debit card.
Fig.1: Note that 65% of data breaches involve digital devices.
Editorial Note (09/25/2014): I realize that identity theives can use PII other than credit/debit card numbers. I'm only proposing a remedy to one type of identity theft, and one of the most common ones.
No comments:
Post a Comment