When I was a kid I used to practice my signature, so that when I got my first credit card, I would be ready to spend immediately. (and I did…thank you VISA…)
But signing your life away to the credit card companies is about to become a thing of the past. You won’t sign for purchases anymore, because you’ll have the Chip Card. By 2011, your credit and debit cards will be replaced with a similar looking plastic card, except it will have a microchip on the front. That’s where your (encrypted) information is stored.
Asia and Europe are already using chip cards, and Canada is starting to roll them out this month. The purpose is to reduce fraud. Instead of using a signature, you’ll use a PIN number.
On Friday we’ll be interviewing Tracey Black. Tracy is leading the chip card trial taking place in Kitchener-Waterloo right now. She can answer all your questions about how the cards work.
If you have a question for Tracey, post it below and we’ll ask her. You can read up on chip cards by clicking here.
did you know about the program in the google search bar called my little mole it is a real piece of spy ware that peaple should know about it will stay on your puter even after you deleat the search bar.I would like to know what the do with all the info the gather on peaple . If they sell it we should get a cut from the sale or tell us who they are selling it to
You know this “CHIP” they talk about is written in the Bible???
They are trying to trick you into taking the mark of the Beast… 666
I suggest for everyone to read your bibles then you’ll understand what i am talking about…
DO NOT BE FOOLED BY THIS “CHIP”!!!
While I agree that the chip technology is very interesting and will fit right into the plans laid out in Revelations, you cannot be tricked into taking the mark of the beast.
The chip technology is genius. It will cut down of fraud tremendously and is the next natural step in the financial industry (as well as health & other areas).
I believe that the problem will come when people are commanded to worship the beast – or their chip will be disabled (or removed?).