Galileo a waste of money? Here are all kinds of applications.

In a newspaper, I read it will for instance also secure transactions (more confidentiality using the internet for money transaction by precisely locating the person the message is meant for, in order to avoid piracy).

Galileo will be used by terrorists?
The terrorists used cell phones to trigger the bombs in trains in Madrid. Will we stop using cell phones because of that?

Years ago, the US launched a European communication satellite and we were banned from using it commercially.
This is the event that triggered the birth of the Ariane rocket family, which turned out to become the number one commercial launcher.
Galileo is a similar kind of reaction. Will it be as successful? Only time will tell.