Crazy? No, that's genius.

[mocking_people_of_walmart]

I’m not even going to thing about pick-pocketing this guy. Honestly, where is that chain wallet going into because that doesn’t look like a pocket to me.
Texas

Kid, I don't know where you're coming from, but that looks like a brilliant idea to me. I guess you never developed those good habits. You know, like winding the strap on your bag around your ankle or draping a hand over it at all times or keeping an eye on it when strangers talk to you because it might be a diversion so somebody else can slip in your stuff and jack the valuables while you're busy talking. (Lost an iPod that way).

If nobody wants to go down there (if I tried this, results would be bad), then your money, credit/debit cards, forms of identification, and other various items that are important to have for societal reasons are safe!