NFC: yes. Most new credit and debit cards have NFC. Can tap to pay at pretty much any retail store and some smaller businesses. There are still weirdly many phone models without NFC (especially lower end), but the situation is slowly improving.
Value-capped transactions: not really a thing if I understand right.
Did the bank cards move away from magnetic strips already?
Mostly. Half the time the chip will work. Half the time it fails because you inserted it too fast or two slow or because it was Tuesday so it falls back to the magnetic strip.
Surely this is more secure right? ... right?
I was going to say that hindsight is 20/20, but in this case the hindsight sounds pretty short sighted as well.
It sounds like Mr. Council was the fall guy for his co-conspirators. He did all the in person stuff, with his own face, and it doesn't sound like he thought particularly deeply about the need to cover his tracks until it was too late.
But if you buy crypto burgers then your health insurance company can raise your rates on the blockchain! That's the future of finance.
Man I can't even laugh at this one it just makes me feel melancholy.
The guy running a hostile workplace while hanging out with Logan Paul, selling junk food to children, and putting on reality shows so hostile to the contestants that they get compared to torture is... into cryptocurrency?! I'm shocked! Shocked!
Goodness kids need some better role models because sometimes it seems 90% of people on the social networks are morally bankrupt.