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Feed Techdirt: The Cash Tax Not Enough To Make It Go Extinct (techdirt.com)

A recent report from England found quantified the amount of money the British government makes just from printing currency. As it turns out, it amounts to a fairly sizable tax. In addition to the money that the government makes, currency leads to a lot of other costs associated with storage and security. There's not much doubt that digital money is far more efficient and cost effective. But the transition to a cashless society is taking a long time. Part of the problem is that payment providers (banks, credit card companies, etc.) are able to levy high fees on each transaction. In many cases, they make it worthwhile for merchants to opt for cash, even with its carrying costs. Eventually, situations where you'll need cash will become quite rare, but as long as digital money carries significant "taxes" of its own, cash will be around for some time.
Microsoft

Journal Journal: /. is Phising now?

I was checking my email this morning, using Microsoft Outlook 2007 and came across my normal [Slashdot] Stories subscription; when I noticed that Microsoft Outlook had applied a red banner to the top of it; saying "This might be a phising message and is potentially unsafe. Links and other functionality have been disabled". Is this just a software Malfunction, is Microsoft starting to hate Slashdot, or is there another reason deep within the headers of the email message?
The Internet

Journal Journal: Improving Slashdot Moderation

Here's an idea for improving moderation for the Slashdot Editors.

Ask the members what Slashdot Topics they are experts in. This data could then be used for two things that would be useful to Slashdot, improving moderation, and targeted advertising.

Security

Submission + - Point and click Gmail hacking at Black Hat (tgdaily.com)

not5150 writes: "Using Gmail or most other webmail programs over an unsecured access points just got a bit more dangerous. At Black Hat, Robert Graham, CEO of errata security, showed how to capture and clone session cookies. He even hijacked a shocked attendee's Gmail account in the middle of his Black Hat speech."

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