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A comment on SEC Is Studying Spotify's Plan to Bypass IPO in NYSE Listing. Parent comment

Re:SEC Is Studying Spotify's Plan to Bypass IPO in NYSE Listing by Nullabillity on Tuesday August 22, 2017 @05:24PM (#15076522)
Fraud is only a problem in the first place because they refuse to implement sensible authentication.
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Re:SEC Is Studying Spotify's Plan to Bypass IPO in NYSE Listing by cortesoft on Tuesday August 22, 2017 @06:15PM (#15076835)
Authentication would only solve one type of fraud (using someone elses credit card). What about when you buy something online and the seller doesn't send you the item? Or sends you a broken item? What is a service breaks their contract with you?

There are lots of kinds of fraud that aren't identity based.

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