# Pin Cards on The No Agenda Show

Pin Cards comes up in 9 chapters across 9 episodes of The No Agenda Show, from January 2012 to November 2019.

- **Chapters:** 9
- **Episodes:** 9
- **Discussed:** January 2012 – November 2019
- **Related topics:** [Chip And Pin](https://search.noagendashow.net/topic/chip-and-pin.md), [Credit Cards](https://search.noagendashow.net/topic/credit-cards.md), [Banking](https://search.noagendashow.net/topic/banking.md), [Barack Obama](https://search.noagendashow.net/topic/barack-obama.md), [Credit Card Fraud](https://search.noagendashow.net/topic/credit-card-fraud.md), [Europe](https://search.noagendashow.net/topic/europe.md), [Fraud](https://search.noagendashow.net/topic/fraud.md), [Jpmorgan Chase](https://search.noagendashow.net/topic/jpmorgan-chase.md), [Netherlands](https://search.noagendashow.net/topic/netherlands.md), [Amsterdam](https://search.noagendashow.net/topic/amsterdam.md)

## Chapters 1–9 of 9

### Amsterdam Coffee Shops, Cash vs. Credit, and Weed Laws

- **Episode:** [1190: Olive Theory](https://search.noagendashow.net/episode/1190-olive-theory.md)
- **Published:** 2019-11-17
- **Time:** 2:23:15–2:27:23
- **Transcript:** https://search.noagendashow.net/episode/1190-olive-theory/chapter/amsterdam-coffee-shops-cash-vs-credit-and-weed-laws.md

The logistics of purchasing marijuana in Dutch "coffee shops" are explained, noting that while many shops in Amsterdam are moving away from cash, credit cards are legally prohibited for purchasing cannabis ("geen wiet op krediet"). The process involves swiping government IDs to enter modern, high-tech interiors. The segment clarifies that marijuana is "permitted" but not strictly legal in the Netherlands.

Keywords: [amsterdam](https://search.noagendashow.net/topic/amsterdam.md), [coffee shops](https://search.noagendashow.net/topic/coffee-shops.md), [marijuana](https://search.noagendashow.net/topic/marijuana.md), [credit cards](https://search.noagendashow.net/topic/credit-cards.md), dutch law, [pin cards](https://search.noagendashow.net/topic/pin-cards.md)

### Credit Card Security, European Chip and Pin Failures

- **Episode:** [672: Taboose](https://search.noagendashow.net/episode/672-taboose.md)
- **Published:** 2014-11-23
- **Time:** 19:13–24:22
- **Transcript:** https://search.noagendashow.net/episode/672-taboose/chapter/credit-card-security-european-chip-and-pin-failures.md

American credit cards equipped with chips are failing to utilize the standard PIN security protocol in Europe, instead defaulting to a signature-based system. Furthermore, European point-of-sale terminals are offering dynamic currency conversion that applies unfavorable exchange rates to unsuspecting American travelers.

Keywords: [chip and pin](https://search.noagendashow.net/topic/chip-and-pin.md), [credit cards](https://search.noagendashow.net/topic/credit-cards.md), [exchange rates](https://search.noagendashow.net/topic/exchange-rates.md), [fraud](https://search.noagendashow.net/topic/fraud.md), [starbucks](https://search.noagendashow.net/topic/starbucks.md), [apple pay](https://search.noagendashow.net/topic/apple-pay.md)

### Obama Executive Order on Consumer Financial Security

- **Episode:** [662: Barama](https://search.noagendashow.net/episode/662-barama.md)
- **Published:** 2014-10-20
- **Time:** 1:20:26–1:26:59
- **Transcript:** https://search.noagendashow.net/episode/662-barama/chapter/obama-executive-order-on-consumer-financial-security.md

President Obama signed an executive order to improve the security of consumer financial transactions, which the hosts interpret as a government-funded bailout for banks. The order mandates a transition to "chip and pin" technology for government payment terminals, including the 44 million EBT cards processed by major banks like JPMorgan Chase.

Keywords: [barack obama](https://search.noagendashow.net/topic/barack-obama.md), [executive order](https://search.noagendashow.net/topic/executive-order.md), [chip and pin](https://search.noagendashow.net/topic/chip-and-pin.md), ebt cards, [jpmorgan chase](https://search.noagendashow.net/topic/jpmorgan-chase.md), [bank bailout](https://search.noagendashow.net/topic/bank-bailout.md)

### Executive Order 13681 and the Bank Bailout

- **Episode:** [662: Barama](https://search.noagendashow.net/episode/662-barama-2.md)
- **Published:** 2014-10-20
- **Time:** 1:20:26–1:26:59
- **Transcript:** https://search.noagendashow.net/episode/662-barama-2/chapter/executive-order-13681-and-the-bank-bailout.md

President Obama signed Executive Order 13681, ostensibly to improve the security of consumer financial transactions. The analysis argues this is a hidden bailout for banks, as it mandates the government-funded upgrade of payment terminals to "chip and pin" technology, specifically for the EBT and Social Security systems.

Keywords: executive order 13681, [barack obama](https://search.noagendashow.net/topic/barack-obama.md), [credit card fraud](https://search.noagendashow.net/topic/credit-card-fraud.md), [chip and pin](https://search.noagendashow.net/topic/chip-and-pin.md), [ebt](https://search.noagendashow.net/topic/ebt.md), [jpmorgan chase](https://search.noagendashow.net/topic/jpmorgan-chase.md)

### US Credit Card Security and the Chip-and-PIN System

- **Episode:** [576: Mysterious Erratic](https://search.noagendashow.net/episode/576-mysterious-erratic.md)
- **Published:** 2013-12-22
- **Time:** 32:54–35:56
- **Transcript:** https://search.noagendashow.net/episode/576-mysterious-erratic/chapter/us-credit-card-security-and-the-chip-and-pin-system.md

The United States lags behind Europe in adopting the more secure Chip-and-PIN (EMV) credit card system due to the high cost of upgrading terminals and cards. Banks currently treat the $5 billion in annual fraud as a cost of doing business, which is significantly lower than the $50 billion they collect in fees. The lack of consumer liability in the U.S. further disincentivizes banks from investing in better security technology.

Keywords: [credit card fraud](https://search.noagendashow.net/topic/credit-card-fraud.md), [chip and pin](https://search.noagendashow.net/topic/chip-and-pin.md), [banking industry](https://search.noagendashow.net/topic/banking-industry.md), emv, [europe](https://search.noagendashow.net/topic/europe.md)

### European Pin Card Systems, Cashless Society Trends

- **Episode:** [532: Red Cell](https://search.noagendashow.net/episode/532-red-cell.md)
- **Published:** 2013-07-21
- **Time:** 19:01–22:10
- **Transcript:** https://search.noagendashow.net/episode/532-red-cell/chapter/european-pin-card-systems-cashless-society-trends.md

The Netherlands and much of Europe have moved toward "pin card" systems that authenticate on the card itself, often refusing American credit cards and even cash. This shift places the responsibility for fraud on the merchant and customer rather than the bank. The discussion questions why a society would move toward a system that refuses physical currency, attributing it to social programming for convenience.

Keywords: [pin cards](https://search.noagendashow.net/topic/pin-cards.md), [credit cards](https://search.noagendashow.net/topic/credit-cards.md), [netherlands](https://search.noagendashow.net/topic/netherlands.md), [banking](https://search.noagendashow.net/topic/banking.md), [fraud](https://search.noagendashow.net/topic/fraud.md), [cashless society](https://search.noagendashow.net/topic/cashless-society.md)

### European Smart Cards and Bank Liability Shifts

- **Episode:** [474: Mongolian Hat](https://search.noagendashow.net/episode/474-mongolian-hat.md)
- **Published:** 2012-12-30
- **Time:** 11:31–18:34
- **Transcript:** https://search.noagendashow.net/episode/474-mongolian-hat/chapter/european-smart-cards-and-bank-liability-shifts.md

The hosts analyze the transition from magnetic stripe cards to EMV smart cards in Europe and the United States. They argue that the shift to PIN-based chips is a "banker scam" designed to move the legal liability for fraudulent charges from the financial institutions to the individual citizens.

Keywords: [smart cards](https://search.noagendashow.net/topic/smart-cards.md), pin, [banking fraud](https://search.noagendashow.net/topic/banking-fraud.md), [liability](https://search.noagendashow.net/topic/liability.md), [mechanics bank](https://search.noagendashow.net/topic/mechanics-bank.md)

### European Payment Systems, Chip and PIN vs Magnetic Stripe

- **Episode:** [473: Mac and Cheese](https://search.noagendashow.net/episode/473-mac-and-cheese.md)
- **Published:** 2012-12-27
- **Time:** 30:06–35:56
- **Transcript:** https://search.noagendashow.net/episode/473-mac-and-cheese/chapter/european-payment-systems-chip-and-pin-vs-magnetic-stripe.md

Adam Curry reports that many European retailers, particularly in the Netherlands, have stopped accepting American magnetic stripe credit cards in favor of "Pin" or Chip and PIN technology. He notes that some stores now refuse cash entirely, creating significant hurdles for American tourists whose banks have not yet adopted the digital chip standard.

Keywords: [credit cards](https://search.noagendashow.net/topic/credit-cards.md), [chip and pin](https://search.noagendashow.net/topic/chip-and-pin.md), magnetic stripe, [europe](https://search.noagendashow.net/topic/europe.md), [banking](https://search.noagendashow.net/topic/banking.md), [germany](https://search.noagendashow.net/topic/germany.md)

### Cashless Society in the Lowlands and EU Leadership

- **Episode:** [370: Tag and Track](https://search.noagendashow.net/episode/370-tag-and-track.md)
- **Published:** 2012-01-01
- **Time:** 1:25:32–1:29:46
- **Transcript:** https://search.noagendashow.net/episode/370-tag-and-track/chapter/cashless-society-in-the-lowlands-and-eu-leadership.md

The Netherlands is transitioning to a mandatory smart-chip card system, moving closer to a cashless society. Meanwhile, Helle Thorning-Schmidt of Denmark takes over the presidency of the Council of the EU. Economic pressures in the region are leading to the elimination of student subsidies and loans, which the hosts suggest is a move to favor more "docile" international students.

Keywords: [netherlands](https://search.noagendashow.net/topic/netherlands.md), [pin cards](https://search.noagendashow.net/topic/pin-cards.md), [helle thorning-schmidt](https://search.noagendashow.net/topic/helle-thorning-schmidt.md), [denmark](https://search.noagendashow.net/topic/denmark.md), education subsidies

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