Chipped cards - both credit and debit - are one of my pet peeves. Here are a few facts. 1) I have an OTC Genisys scanner for doing diagnosis on OBD2 vehicles. Software for this machine is freely available and not copy protected. BUT, you need a "smart card" for each of the applications that you want to activate from that software. These "smart" cards have that very same chip as today's credit/debit cards. This machine was introduced back in about 1989 or so. Old technology? 2) When I had satellite TV, my receiver needed a "smart" card to make it usable. Again, same chip as credit cards. I had that system in around 1999 or so. Again, old technology?? 3) At state prisons here in PA, visiting areas have food vending machines. These machines use the SAME chip as credit cards. To use these cards, there is a machine in the lobby that you insert cash into, and it adds that to the balance on your card. This proves to me that this technology is widely available to read, write, and modify these cards.
My opinion is that this is old, borderline obsolete technology. Banks should be ashamed of introducing it into credit cards. This is the biggest example I have seen of businesses shooting themselves in the foot since IBM tried to corner the PC market with things like microchannel, PS/2 and OS/2.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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