That's really ignorant. Bank card security sucks enough without mag stripes (I'm looking at you, online payment). Really, magstripes need to die.
Not at all, sounds like you to need a little review yourself [1]. At no point in my comment did I support mag stripe, just simply explain why it's still in widespread use. If you ever have worked in the finance industry you would understand that. Nobody is arguing that it should stay, but it's important to understand WHY they are still around. Just because it's the major standard doesn't make a good one.
Ignorant? Really? I expect more constructive comments here on HN instead of running around and calling people's comments "ignorant". Perhaps you need to review the HN Guidelines [2]. Specifically: 'When disagreeing, please reply to the argument instead of calling names. E.g. "That is idiotic; 1 + 1 is 2, not 3" can be shortened to "1 + 1 is 2, not 3."'
Alas, it will not be happening based on the latest abuse of downvotes on HN.
[1] https://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28no...
"The rest of the world is irrelevant" doesn't go over well and gets downvoted because it's obviously false.
The USA does have a huge economy. However in this matter it does not dictate the standard, and there are more people doing more card transactions outside the US, with non-stripe technologies, than there are in the US doing them with.
The USA is an anachronism here, the rest of the world has moved on and has other standards.
