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> Why do we treat passport numbers as passwords instead of a login? Because some stupid people thought that photos of passports have any security / validity (i

by raron 1y ago

> Why do we treat passport numbers as passwords instead of a login? Because some stupid people thought that photos of passports have any security / validity (including banks, brokerage firms). Interestingly none of them would accept photos of cash as payment though.

aspenmayer 1y ago
> Interestingly none of them would accept photos of cash as payment though. Banks had been hesitant to embrace cryptocurrencies, but they see the value of CBDCs and so are trying to push those. So they will accept something close to that as long as there a large legal market for crypto, which there is from their point of view and role in the market.