[chimeracoder]

> Nope in other countries you're insured on your debit card as well

At the time EMV ("chip-and-pin") was first rolled out across most of Europe, cardholders were actually liable for card-present fraud on their cards, whereas they had not been for magnetic stripe card-present fraud. It took a few years for the EU to pass a law changing this. In the meantime, chip-and-pin was actually a downgrade from the customers' perspective.