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Comment Re:Not me... (Score 1) 753

Of course, cash isn't insured... once it is stolen, it is stolen. However, there are risks with all decisions.

I'd rather like my purse taken away from me than my eye cut out because it gave biometric access to my account.

Right, because that is likely to happen...

Lets keep our arguments against this to reasonable ones, as not to give people reason to actually try to implement this insanity.

Comment Re:Cashless can't happen, here is why ... (Score 2) 753

None of those are point of sale, and none of those show up in this study. On the flip side, very large transactions are not point of sale either, such as houses, cars, etc.

Which means that the percentage of actual transactions performed by card is much lower than they are leading us to believe. The article is using statics to mislead people, and drive clicks by working people into a frenzy.

Cash is not going anywhere anytime soon, folks. Calm down.

Technology

Rocket Scientist Designs "Flare" Pot That Cooks Food 40% Faster 204

An anonymous reader writes Oxford University engineering professor Dr Thomas Povey just invented a new cooking pot that heats food 40% faster. The pot is made from cast aluminum, and it features fins that direct flames across the bottom and up the sides, capturing energy that would otherwise be wasted. The pot is set to hit the market next month in the UK. "Povey specializes in the design of high-efficiency cooling systems for next-generation jet engines. He is also an avid mountaineer and says that this invention was spurred by the long time it takes for water to reach a boil at high altitudes. He and a group of his students worked three years experimenting with different designs before they came up with one being marketed."

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