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> America should not have national ID cards of any kind. Great, except that this now makes fraud a lot easier.

No, it makes establishing trustworthy business transactions slightly harder. Only slightly, and the necessary technology has been off-the-shelf for some time now.

> Today, if you are a bank you don't actually have any good options to verify the identity of a new customer.

The folks at my local credit union and I know each other personally. It would take a "Mission Impossible"-style impersonation to get them to succumb to fraud ("identity theft".)



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