Comment by bob1029
16 days ago
Perhaps it is possible that VisaNet is priced more fairly than it would seem at first glance?
I don't have to think about any of this stuff when I am using the payment terminal at Kroger. We have well engineered systems that eliminate the need for being constantly on edge about every monetary transaction. I can lose my entire actual wallet and experience ~zero financial impact, even if a malicious party obtains it.
Because card readers brick themselves if opened or tampered with. If Ledger designed their hardware the same, this attack would not be possible.
So we are going with an additional layer of complexity?
What happens if my wallet bricks itself due to some misconfiguration or environmental transient? I don't have to keep multiple redundant copies of my payment cards around just in case my physical wallet self destructs.