4 ms·

Bouncers are watched by cameras too. And if they don't allow in legitimate ticket holders (unless incapacitated, abusive, etc), they get removed from the job. T

Bouncers are watched by cameras too. And if they don't allow in legitimate ticket holders (unless incapacitated, abusive, etc), they get removed from the job. The owner of the nightclub can't risk his business being sued, or fined, or losing business from event promoters who receive multiple complaints of denied entry at that specific venue. The credit card/PIN combo sounds great until someone walks into the bank and says their wallet was stolen, or even, that you died last week and presents a forged death certificate. The point is every system has a failure point if someone is determined enough. NFTs can prove digital presence in a specific wallet, they can't actually prove who owns the wallet. No crypto asset can do that, which is why many people have gotten tricked into giving up their private key or recovery phrase.

gus_massa 5y ago
Here in Argentina, if you go to the bank and claim your wallet was stolen, they will not give you the money. IIRC you must call the bank, and they will send a week later a replacement of your card, and another day a new PIN written in paper that you must change in a ATM, so the thief must intercept both. Anyway, the PIN for the ATM is different of the PIN for the teller, so it's not so easy. And the teller will ask also for the national ID card, that is also difficult to forge. In case of death, the bank ask for some papers signed by a judge that says you are the official heir, and they will check in the national death registry. No way they will believe in a piece of paper. I don't claim it's impossible, but in both cases there is a lot of paperwork to ensure it's difficult.