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'Do not trust your eyes': AI generates surge in expense fraud

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Re: 'Do not trust your eyes': AI generates surge in expense fraud

#5
I'd probably get hate for this or whatever, but things like this is why it's inevitable that businesses and governments will eventually force cryptocurrencies on people, because then purchases/expenses/bills and anything else can be tracked fully across the spectrum.

I'm not for it, don't want it, but I can't help myself but to see that as the future, as fraud ramps up even more, gets cheaper and businesses feel they have no other way to combat it except adding more tracking everywhere, something blockchains and cryptocurrencies excel at, for better or worse.

Re: 'Do not trust your eyes': AI generates surge in expense fraud

#6

I'd probably get hate for this or whatever, but things like this is why it's inevitable that businesses and governments will eventually force cryptocurrencies on people, because then purchases/expenses/bills and anything else can be tracked fully across the spectrum. I'm not for it, don't want it, but I can't help myself but to see that as the future, as fraud ramps up even more, gets cheaper and businesses feel they…

> because then purchases/expenses/bills and anything else can be tracked fully across the spectrum.

Traditional banking already does this very well in most countries, through centralized systems with multiple redundant tracking and audit methods. Furthermore, crypto transaction fees are ludicrously high by comparision, and rarely offer the combination of "fast transactions" and "undo button" that traditional banking can provide.

Re: 'Do not trust your eyes': AI generates surge in expense fraud

#9
We are not ready for the image and video fraud that is happening now and very much is coming. I can see why governments are starting to push for government issued ID to pervade into everything because its going to require a large amount of tracking to counter all the fakes. Rather than tracking everything a move to a usable trust and verifiable signature system is preferable from a piracy point of view and would still counter the fakes.

Re: 'Do not trust your eyes': AI generates surge in expense fraud

#10

I'd probably get hate for this or whatever, but things like this is why it's inevitable that businesses and governments will eventually force cryptocurrencies on people, because then purchases/expenses/bills and anything else can be tracked fully across the spectrum. I'm not for it, don't want it, but I can't help myself but to see that as the future, as fraud ramps up even more, gets cheaper and businesses feel they…

The much more easy thing is that they reimburse you only for what you charge to the company card. This is much more feasible now than it was even 10 years ago.
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