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When I lost my ereader on the bus reported it to the police and transit. I got it back thanks to some honest person and nothing identifiable was on it but library books.
I feel that the chances of someone finding it, keeping it and uploading the books on it are not that high but of course it could happen. They could De-DRM the library books and that could possibly point back to me. Reporting it would help I believe.
I just don't see hordes of pirates out there waiting to get their hot little hands on an ereader with books to upload. Too many other ways to get the books.
Helen
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