“Organized crime does not outscale capitalism. The threat is when it gets to piggyback illegitimately on capitalism.”

…or afterwards, but this would not be the first or last time the media convinced itself of an untruth and then was unable to find an industry insider to leak them a SQL query dispelling their fantasies. The largest source of poor bank credit card information is scaled breaches of card issuers or companies that were legitimately presented hundreds of thousands or millions of card in commerce. Organized crime does not outscale capitalism. The threat is when it gets to piggyback illegitimately on capitalism. And so that was the initial value proposition of PayPal. Convey money from your own payment instruments to others on the internet, by volume, mostly eBay auction sellers, without needing to show those potential devious hackers your actual credit card number. That way, your exposure was upper bounded at the single transaction in progress, and hopefully PayPal or your bank would intervene if…