"Redeeming" Credit

[allodial]

I find it convoluted in the world of credit card and identity theft that companies are finding credit cards more secure? ANSWER: It is an insurance scam.

Having a name and an SSN associated with the card allows them at least to develop the card as an unsecured (i.e. secured by no particular thing but but everything of the person) credit card as if they actually lent something. It seems rather silly to ask for SSN's and other information for prepaid debit cards when the FRNs in the system are already underwritten by assets.It might also be helpful to consider that the notion of separation between the world of bankers and that of actuaries might only be mythical and misleading. Actuaries might be "king" rather than serf.

However I might insist on more honest currency, at least a little bit.

Perhaps through knowledge and application of knowledge we have the power to make that happen with or without Congress.