The Theremin
(and Permission Spying)
It used to be called permission marketing, but future kids will absolutely love what it leads to...
...not
and
...or else!
I must admit to being normal. I'm just as blind to what's going on behind the scenes as anybody else, and that's because I'm not a criminal, like you're not.
But using crypto currency I could buy hacking software off the web, and what's more, it's user rated in exactly the same way as eBay etc, so you know you're not going to be ripped off!
Once purchased and installed, I can set up gambling accounts and direct the pay-out to a crypto currency account, but the clever bit is that I'd be buying each gamble using your bank account!
And that's exactly what happened to my personal bank account last year.
Now, they didn't pick on me because I'm rich - because I'm not rich - my account is usually overdrawn, and I have to be disciplined not to dip into the company funds because I'm not a start-up whizz kid, and somebody would find me out and I'd have to pay a whole lot of tax.
No, they have what's called algorithms and vast computing power hiding behind crypto currency mining. Now, I wasn't supposed to know this, and perhaps the crypto currencies don't realise it...
But those algorithms connect to online banking in a way that doesn't look suspicious, it just looks like it's a real person making the odd mistake when trying to log in.
But when they do get in, they're also quite careful, and gradually make payments that look like yours - a case of "I see no ships".
And then, suddenly, it happens!
But the kindly folk at Visa, and here I mean the part of Visa that looks like MI5 or the CIA, give you your money back. Not only that, but they give you a little more, but when you ask your bank why, they never answer you. It just seems like Visa are saying thank you for the lead.
And I always wondered why, but then I watched program 1:1 of the series "The Secret Genius of Modern Life" called "Bank Card", where Hanna Fry explains all.
While on the subject of Fry, another by a similar name, Fried, seems to have been making billions though crypto currency and duping investors, while having orgies and not doing proper accounts. I guess that's legal in the US. You just drop out of school and with no education and set up a multi-billion dollar crypto mining company. But, according to the very same BBC, there was no wrong doing. Really?
So, where is all this leading? How is Visa and their competing card brands going to make us all secure?
I think program 1:2 "Food Delivery App" gives us a clue.
Plus
But for our own good?
------------- That none should be able to buy or sell without a smartphone and the knowledge in how to use apps
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