Retailing giant and utility computing pioneer Amazon is betting that virtual servers, storage, and networking capacity are like potato chips: you can't just have one. Perhaps Amazon Web Services hopes that users will get hooked on cloudy infrastructure and won't be able to get off. At any rate, starting on 1 November, Amazon is …
Sounds like they're trying to "create a monetizing incentive" using written-off equipment.
Personally I don't even have a credit card for, amongst others, security reasons. On a darker note, stolen-but-still-valid CCs are a dime a dozen nowadays, meansing that this is a nice opportunity for another botnet c-n-c net or two. Or a dozen. That sort of thing doesn't run to whole ECUs, but just needs a place to live and some bandwidth.
Not sure what you could do about that without getting needlessly repressive on law abiding citizens, short of replacing the whole CC concept with something less horribly and unfixably broken.
Amazon's devised a way of eating up IPv4 addresses even quicker.
Although there is a positive - scammers now don't need to create and command botnets - they can just use fake card details and email addresses and Amazon will create them one for free!
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