http://www.wisegeek.com/how-much-do-bank-robbers-steal.htm
there are about 5,000 robberies a year at U.S. commercial banks, More than $40 million US Dollars (USD) is stolen in bank robberies each year in the United States but when broken down by the number of robberies, it turns out that most bank robbers get away with only about $7,700 USD


Cyber Crooks Leave Traditional Bank Robbers in the Dust

http://krebsonsecurity.com/2010/03/cyber-crooks-leave-bank-robbers-in-the-dust/

The FBI hasn’t yet published the 4th quarter 2009 bank crime statistics, but if the $25 million cyber heist figure is representative of a quarterly trend last year — and the first three quarters of stats from last year’s FBI stats don’t deviate much in the 4th quarter — cyber crooks will have stolen well more than twice as much as traditional bank robbers last year in the United States.

 

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Obama has the US moving towards a cashless economy but for a totally different reason.

 

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I remember my evangelical friends from my childhood telling me about the mark of the beast and how one day we would all have our number tattooed on our fourhead osmethne and this is how we would pay for everything. I also remember thinking that this would be a good idea.

 

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Cyber crooks don't steal your money by holding you up with a knife or gun. I'm not saying that makes it better or worse but the guy was talking about his kid getting robbed. Getting robbed is a lot worse for the person being robbed than having someone steal their CC info with a keylogger.

Robbing someone of their smart phone is a lot more lucrative than taking their cash. Most people don't have that much cash on them.

But the Smartphone itself is worth a lot of money, let alone all the financial information that might be stored on it.

Sweden;s move to a cashless economy will be a boon to the underground economy,which will mean less revenues for the government who seeks to benefit the most with such a monetary policy decision

http://www.lehigh.edu/~incntr/publications/perspectives/v22/gallagher.pdf

 

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Even without all the dreaded conspiracy theories about The Mark, the idea of using something embedded into your hand or forehead to purchase makes a lot of sense. We already have a good start on the technology but it would be a long time before we see something like this become mandatory. Probably during Obama's 6th term.

 

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