Ironic that this is the same author that praised Square, a technology that brings credit cards to more businesses. He's also not in Coin's target audience. He says himself he only uses two cards. Great! Coin isn't for you.
The technology is here. NFC has been in virtually every Android smartphone since 2011, plus Google Wallet and Apple's Passbook. It's all here, ready to go. Businesses, and consumers, aren't sold.
Regardless of my personal opinion on the crudeness of NFC, the problem is point-of-sale systems are (at least) three years away from adopting these technologies at any level of ubiquity.
Go to your nearest farmer's market, and they're still dealing in cash! Square is doing wonderful things to bring credit card processing to the masses, but _that_ is cutting edge. Coin is the next step on the consumer side.
The technology is here. NFC has been in virtually every Android smartphone since 2011, plus Google Wallet and Apple's Passbook. It's all here, ready to go. Businesses, and consumers, aren't sold.
Regardless of my personal opinion on the crudeness of NFC, the problem is point-of-sale systems are (at least) three years away from adopting these technologies at any level of ubiquity.
Go to your nearest farmer's market, and they're still dealing in cash! Square is doing wonderful things to bring credit card processing to the masses, but _that_ is cutting edge. Coin is the next step on the consumer side.