"As for the "numerous disadvantages" that come to mind, what would they be compared to say a typical plastic credit card?"
1) I don't have to worry about whether or not my credit card's batteries are charged.
2) My credit cards are always in my wallet, which is always in my purse. My cell is sometimes borrowed, loaned, or forgotten at home.
3) At least in theory, only *I* can use my credit cards.
4) I don't have to wonder what the balance is on yet *another* account.
5) My credit cards can't be read, slurped, spoofed, nuked, or turned into one of the digital walking dead from a distance. At least not yet...
6) I trust my cell company even less than I trust my bank.
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Lars -
"As for the "numerous disadvantages" that come to mind, what would they be compared to say a typical plastic credit card?"
1) I don't have to worry about whether or not my credit card's batteries are charged.
2) My credit cards are always in my wallet, which is always in my purse. My cell is sometimes borrowed, loaned, or forgotten at home.
3) At least in theory, only *I* can use my credit cards.
4) I don't have to wonder what the balance is on yet *another* account.
5) My credit cards can't be read, slurped, spoofed, nuked, or turned into one of the digital walking dead from a distance. At least not yet...
6) I trust my cell company even less than I trust my bank.