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RE: Biometric Payment System Coming To India

in #money7 years ago (edited)

This is just another step towards creating a global digital only currency. The WEF Forum in Davos was talking about this, and how they prefer to move towards a digital only currency. I think using bio metrics is a bad idea because if someone steals your data there is no way to get a new set of fingerprints, etc. This would make identity theft far worse than changing your cards or getting a new social security number with a pin.

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