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Board Goods
Re: Bitcoin NFC payment / cold storage cards (Demand survey,Preordes,Fundraising)
by
cunixion
on 16/01/2014, 20:15:25 UTC
Food for thought.

""It's technology for the sake of technology or for the sake of pushing the agenda of the companies supporting it, versus solving real people's problems," Marcus said of NFC.
"Instead swiping or using a PIN pad, they're tapping. How is that really better? How is that changing your life? People don't want that," he said. It's not a question of whether people at a payment terminal would prefer to tap or swipe, he said, but a reality that people don't want to go to a payment terminal at all."

http://news.cnet.com/8301-1023_3-57615080-93/paypal-president-david-marcus-bitcoin-is-good-nfc-is-bad/



I think Marcus has a good point, but he is the wrong person to talk about it because it sounds like he is protecting his job and his company. He could be right when everybody has a smartphone, payments with CC and bitcoins will be made using the 3G network, making POS payments obsolete.

If this project is succesfull Custommers will have the option of queing to swipe their bitcoin card or pay anywhere in the shop with their smartphone. Retailers will have to choose whether they provide both systems or the most cost effective.