Edit: The headline is really misleading (and subsequent comparison to bitcoin). A much better analogy is that this is paypal with hardware tokens capable of co

Edit: The headline is really misleading (and subsequent comparison to bitcoin). A much better analogy is that this is paypal with hardware tokens capable of completing transfers offline. You are transferring canadian dollars. From a 2-minute introduction this looks like it's based on trusted computing in offline situations, since you don't need cloud acceptance of a transacation ala bitcoin. If that's the case, there's nothing making this unhackable. I wonder what's the timeframe before we see a illicit "client" that creates value transactions without deducting from the user's balance. There will certainly be a huge effort to create such a thing. update as I read more: It's optionally an SD card or a USB stick. clever way to interface to most every existing phone/laptop!