The risk of fraud is just too high.
Oklahoma Continues Use Of Controversial ERAD Tool for "Highway Robbery" In Civil Asset Forfeiture Cases
Although Oklahoma is the state making headlines in this area, the Institute of Justice graded 31 states at D or lower, with only one state, New Mexico, making above a B+. Everyone concerned with their constitutional rights needs to be concerned with the technology used to destroy them.
Usually newer tech means faster tech but that's not the case with EMV. Chip based cards are actually slower than mag based cards because there's a lot more data being transferred back and forth compared to the swipe. Your card, the POS system and your card issuer are having a high tech chat that includes encryption and randomizing your data. More secure, yes. More time consuming? That too.
Angry customers' only recourse may be arbitration.
Keep your credit card information updated. Netflix will thank you forever.