4 ms·
Coin: Dead or Alive?
- Lit91 11y agoLikely dead. While I like the idea behind coin and similar systems like the stratos card and would use the technology, usually these systems don't make it past prototypes. Visa/MC/Disc/Amex put an end to a lot of these all-in-one cards. If they do get released, they don't last long. Storing full track data, which is what these systems do, is against card company regulations. They own the magnetic stripe data and keep tight controls over how it is used. For a simple overview see: http://www.visa.com/dropthedata/data.html http://www.visa.com/dropthedata/data.html
- stouset 11y agoNot to mention, the EMV rollout will kill this dead in its tracks anyway.
- chkuendig 11y agoI assume this is about https://onlycoin.com/ https://onlycoin.com/ ?
- minimaxir 11y agoCoin has been replying to backers on Twitter: https://twitter.com/coin/with_replies https://twitter.com/coin/with_replies
- roflchoppa 11y agoI have one, it works in a lot of places. Sometimes it has issues on gas station machines, but besides that its great. 7/10
- shermablanca 11y agoI learned my lesson to not develop an entire business on the buzz of a new product https://www.kickstarter.com/projects/bendunphy/numis-the-coin-wallet https://www.kickstarter.com/projects/bendunphy/numis-the-coi...
- Dazy 11y agoI suppose they will ship. But dates are moved
- jtfairbank 11y agoCheckout Final: https://www.getfinal.com/ https://www.getfinal.com/