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And as for the potential for malware outbreaks, this is basically like a public water tap and just like we filter that water before drinking, scanning the data before using it will solve the malware problem.
If I'd discovered one of these near my house in my early teens it would've obsessed me for weeks. I'd probably have ended up learning USB debugging or something to cause further trouble ;) I see this as an absolutely massive jolt to people's natural sense of curiosity which is so often neglected in urban environments.
I think the term "dead drops" is better than "glory holes" but i suppose you're just a likely to get a virus no matter what its called.
I wouldn't put anything I value into either.
As a security guy, the idea of connecting this to my system scares the bejesus out of me. I want to point two small things out: USB device drivers are universally poorly tested, and this device could be anything. There's nothing stopping such a device from running an exploit in ring0 and taking full, instant control over your system.