This scares the fuckin' PISS out of me. Aside from the conviences such a chip can provide, such as storing medical records, banking info(replace credit and ATM cards), GPS, and security clearance, I think the drawbacks are overwhelming. This is just one more link in the gov. control chain. Such a device would make it much easier for the gov. to spy on you and infringe your rights without you even knowing. With a couple mouse clicks, Big Brother can pinpoint your location 24/7, track your spending trends, and see when yo went to the doctor last. The list goes on and on regarding it's potential for abuse. This has the capability of giving the gov. control over humans that would be unprecedented.