This is no different than chip+pin for physical purchases. There are still other major areas of fraud that has to be addressed.
It doesn’t cover credit risk-even on a debit card, there can be a “hold” period of an arbitrary amount before the final transaction clears. When you swipe a card at a gas station, they often run a $50 authorization hold on your account.
It also doesn’t cover merchant fraud—- Visa/MC covers you if the merchant doesn’t ship the product because they’re a fake company.
Then there are value-added warranty services that higher end cards offer. These are easily worth the 1%+ fee.
> When you swipe a card at a gas station, they often run a $50 authorization hold on your account.
Safeway gas stations upgraded their pumps to have tap-to-pay.
But with increasing gas prices (and not getting into that), they upped the auth hold to up to $125.
Except many card issuers limit contactless payments to $100... rendering tap to pay useless on the pump because it'll deny the preauth and require chip insertion.
> Except many card issuers limit contactless payments to $100... rendering tap to pay useless on the pump because it'll deny the preauth and require chip insertion.
I’ve noticed lately that contactless payments that go over the limit don’t require chip insertion, the reader just asks for the PIN to proceed. Maybe there’s been some updates to the standards?
Hmmm, not all credit cards have a PIN. Debit card, I could see that. I don't know if the data on the card indicates if there is a PIN attached to the card (i.e. ask for it if there is, don't ask if there's not).
The card and terminal communicate on which CVMs (cardholder verification method) they support, and they agree on one. If they can't agree the transaction is either cancelled or processed as "no CVM" (like normal contactless tap & pay with a card) depending on the terminal's and card's risk profile.
We had a similar issue with ATM in Austria where they are all set to max give you 400 EUR. Which was a sensible idea in 2001 but pays for much less in 2024. Somehow the banks have never heard of inflation or really don’t want you to use cash
Did it cost more in carbon just for the construction workers to drive their pickup trucks to build this plant than what the plant will actually remove?
I'd like to know this too, the article only let me read two paragraphs.
I found a NASA stat that an US average car will emit a metric ton of CO2 in 3 months of use.
"The U.S. EPA has found that a typical 22 MPG gas-based car emits about 5 tons of carbon dioxide per year. On average, you emit one ton of CO2 for about every 2,500 miles you drive".
CarbonCure(the partner of Heirloom here) agrees with me on the math: "CarbonCure’s global network of concrete producer partners has produced more than five million truckloads of carbon mineralized concrete, removing and reducing more than 365,000 metric tons of CO2. That’s equivalent to taking more than 80,000 gas-powered cars off the road for a year."
So this 1000 metric ton CO2 DAC plant could offset the activities of 100-400 vehicles in a year... minus the activities of the employees to get to the plant. That's what I wanna know. When are the workers going to stop driving 60 miles round trip to work? And how many need to be at work everyday at the plant?
I guess at least California is pushing electric cars.
Indeed, automation is not just about eliminating the payment of wages, it's also about removing the need to burn dinosaurs shuttling hoominz around.
How 'bout if workers at carbon capture facilities are prohibited from driving fossil-fueled cars to work. Maybe they could get e-bikes as a job perk ? It would be on-brand.
How is that logical? You want a nascent carbon capture startup to also build employee housing and/or operate a bus line. That sounds like a great waste of money and resources.
They are working on one part of the problem, carbon capture. Many others are working on the problems of electric vehicles and green electricity production.
That’s a hilarious comparison knowing the build quality of teslas. You’re getting sold a shiny yugo for the price of a merc, but it has a Maserati power train so it goes fast.
The quality of Berlin, Shanghai and Texas made Teslas have been pretty great. Maybe you should listen to what actual experts like Sandy Munro say instead of believing in fake news.
Recent article (forgot the link, but I’m sure it’s on google) basically said BMW, VW, and many others are abandoning solid state batteries because of its negligible performance compared to LiFePo4 and regular NMC batteries that are easier to produce and are slowly improving their density and stability.
Cheap alternative: BestBuy sells an Insignia brand external microphone that allows you to connect headphones to it so you can hear your own voice included with the audio signal from the meeting.
Best $35 I’ve ever spent and spouse is happier that I’m not too loud anymore.
I don't have one of these but I do own a USB microphone that probably functions very similarly - it appears as a "Speaker" (and obviously, a microphone device), and if you plug headphones into the microphone itself, you'll hear the monitor audio and if you route your PC's audio through the "Speaker" the microphone will mix your audio output with the monitor output.
This is a long way of saying that the monitor latency is practically 0.
If your mic doesn't have a monitor, you can do this on PC itself by using something like Voicemeeter but you'll incur a small amount of latency and many people have a hard time talking when they hear themselves on a delay.
First time, eh? These articles appear twice a week on here.
We’ve made cured nearly all diseases in mice, including baldness, Covid, cancers, heart disease, and now have made them reverse aging and practically immortal.
Very few of those treatments have worked in humans and even fewer have made it into commercial viability.
I’ve been looking at these headlines for 13 years with science literacy. I’ve become jaded as well. But this is the real deal. The idea that epigenetic model of aging is different in mice than any other mammal is so off base that it’s not even worth considering. This is nothing like those experiments that show apricots reduce cancer by 2% in mice — highly subject to mouse physiology with negligible results. Whatever animal they apply this cleaving to will display the same results, namely accelerated aging by every metric… this is massive and groundbreaking. Anyone who has any biochemistry literacy should know that
> Whatever animal they apply this cleaving to will display the same results
That’s the kicker isn’t it. “will”, not “does”. As someone who is not in the field it’s hard for me to get excited before you can at least say they’ve reproduced it with another species
It doesn’t cover credit risk-even on a debit card, there can be a “hold” period of an arbitrary amount before the final transaction clears. When you swipe a card at a gas station, they often run a $50 authorization hold on your account.
It also doesn’t cover merchant fraud—- Visa/MC covers you if the merchant doesn’t ship the product because they’re a fake company.
Then there are value-added warranty services that higher end cards offer. These are easily worth the 1%+ fee.