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Comment Re:LOL wow. (Score 1) 71

You'd need to pass the app's security too. If you're able to do that then yeah, you're right you can go to an ATM and withdraw the money.

You can also do anything else you want with the bank account.

If someone has rooted your phone and has your online banking credentials, this ATM scheme is the least of your problems.

Comment Re:It will be used for the traits that pay the mos (Score 2) 159

CRISPR is already super cheap (in relative terms), it's extremely simple and doesn't require enormous expenditure to set up and run. economies of scale would materialise almost instantly and a minimum wage worker could afford, in a year or two, to give his kids the same advantages rich dickheads do.

It may actually become an equaliser. The lie that we're all born with the same opportunities could be whittled down some and made real by this.

Comment Re:Nice swipe at Google along the way.... (Score 1) 135

So which phone manufacturer is making a profit from mining our data then? Considering that Android connects to Google's services (encrypted of course.), not Samsung or HTC or Huauwei.

Breakdowns of iPhone "R&D" costs and the internal hardware always show an enormous profit margin for them, 69% in the case of the iPhone 6.

That doesn't dilute the value of Tim Cook's arguments though.

Comment Re:That's great if you have a mobile phone (Score 1) 213

I'm not sure why a luddite would also want an email account!

But in seriousness, at least in the UK, you can have SMS sent to a landline number no problem. Some magic along the way results in a phone call and a robot reading out the text message. Our banks even use an automated outbound voice messaging platform to do the same thing as the SMS for people who don't have a mobile.

I expect they'll offer this if demand is high enough.

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