https://youtu.be/q-ZS2dwXsSk https://open.lbry.com/@NaomiBrockwell:4/What-is-a-VIRTUAL-credit-card:c?r=65CZ4khtLVosPYvDbjTstVZydgm3NDF8 Credit cards are a notoriously insecure means of payment and credit card fraud is one of the most common types of identity theft in the US. We give out our credit card number constantly without even thinking about it, and with it our name and home address. Enter Virtual Credit Cards: they’re like a VPN for your credit card. No more revealing private information to every stranger from whom you want to make a purchase. No more handing out the keys to the kingdom that allow anyone to draw money from your account. Crypto is my preferred means of payment because you retain sovereignty over your money, you can have much better financial privacy, and you can save a bunch of money if you use services like Purse.io, Bitrefill, and Dash Direct. BUT... Some people are not yet ready to take the plunge completely into crypto. So if you enjoy the world of recurring payments and credit card purchases but are looking for a more private option, VIRTUAL credit cards may be for you! In this video, Josh Summers from “All Things Secured” explains how virtual credit cards work and why they’re great for giving back some privacy and control over your money. 00:00 - Intro 00:55 - What are Virtual Credit Cards 01:18 - Increased Privacy 02:22 - Prevent Credit Card Fraud 04:53 - Manage Subscriptions 05:49 - Caveats 07:55 - Lessons to Live By You can check out Josh’s channel here for more awesome tips on privacy! Thanks for joining us, Josh!! https://www.youtube.com/c/AllThingsSecured Brought to you by NBTV members: Lee Rennie, Will Sandoval, Emily Kotow, Ogar, and Naomi Brockwell To make a tax-deductible (in the US) donation to my channel, visit https://www.nbtv.media/support Sign up for the free cryptobeat newsletter here: https://cryptobeat.substack.com/ Beware of scammers, I will never give you a phone number or reach out to you with investment advice. I do not give investment advice. Visit the NBTV website: https://nbtv.media
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Both credit cards and crypto in my opinion both have insecure loopholes. However, when compared to credit card transactions, crypto transactions are still somewhat better. Perhaps the most unpleasant thing about using a credit card is the leakage of personal data. I agree with what you said, There is no denying that the bank credit card providers are one of "security robbers" in the world. Nice to read your writing.. Sorry my english is bad..
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