This week, leading mobile payment provider VeriFone launched a blistering attack on upstart competitor Square, saying that Square's free magnetic stripe reader represents a serious security risk because anyone could use it to steal a person's credit card number.

This video attempts to demonstrate why this argument is stupid:

The only smart thing VeriFone did was to host their attack on a single-use domain, 'sq-skim.com', to help prevent people from googlebombing the bastards.