We have lived in the US for 18 months now and had to deal with more fraudulent charges on our cards and bank accounts (about $2000
) than in the previous 30 years of living in Europe (a nice round $0).
I just don’t understand everyone is ok with this broken system.
(Apart from that, I wouldn't mind if pin reduces the number of cards US customers use, because that's just an insane economic waste anyway)
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The entire US economy is consumer/service based, if we have a reduction of credit cards, a lot of the tech sector would be out of jobs as there is less money to move around the system.
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It would be healthy to have those people free up for more important work in society though (not saying it is an easy transition, but the current waste is just sad)
End of conversation
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