Originally posted by UNHCLL
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Originally posted by AdironRider View PostThere was a good article somewhere recently that focused on the overlying problem with technology startups. 99% are creating solutions for problems that don't exist.
This seems like the best example.
"And then I realized that most of these start-ups were working on solving the problem of being 20-something with disposable income."
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Originally posted by UNHCLL View PostDo you actually swipe your car 20x a day??
Thats what the 2 year "lifespan" is based off of.
If you don't use your card that much, I suspect that it will last much longer than their projections.
That's a good point. I use my card maybe a max of 3 times a day, and sometimes not once in a day.
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Originally posted by Pantless Spency View PostIt's seems great but they need to develop it more.... The whole battery life thing sucks ass.
Thats what the 2 year "lifespan" is based off of.
If you don't use your card that much, I suspect that it will last much longer than their projections.
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It's seems great but they need to develop it more.... The whole battery life thing sucks ass.
I'm sure visa or some other big name will make there own version.
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Originally posted by delatlanta1281 View PostThis is dumb. If you can't keep track or manage a wallet with credit cards, you shouldn't be allowed out of the house.
Originally posted by mrsleeve View Postwhat happens when your in a out of service area for your phone and need to make a purchase. I am assuming the phone needs to be connected to the internet to make this all happen right
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There's no better security than daily limits. My bank offers unlimited free limit changes. So for my internet payment card or regular debit card payment, I set a low limit. If I want to make a larger PayPal payment, I change the limit (takes two minutes) and then lower it again.
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I dont think I want all my financials that are not cash in pocket all tied to one device, seems like a really easy way for something bad to happen
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There was a good article somewhere recently that focused on the overlying problem with technology startups. 99% are creating solutions for problems that don't exist.
This seems like the best example.
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The FUD is strong in this thread.
Reposted from a user on my local forum who pre-ordered one:
Originally posted by Coin confirmation email- You will be able to reactivate your Coin even if your phone is dead by tapping in a "Morse-code-like" password using the button
- Coin will track how many times your card is being swiped and tell you if someone is using it when it isn't near you
- Coin can "auto-lock" based on proximity such that you can swipe, but cannot change the card that is selected -- so a waiter or waitress can't accidentally switch your payment method when you pay your bill
Originally posted by SJTOriginally posted by Coin WebsiteCustomers located outside of the U.S.: Coin does not support EMV yet. If the country you live it requires it we recommend holding off your purchase for now.
http://en.wikipedia.org/wiki/EMV#United_States
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what happens when your in a out of service area for your phone and need to make a purchase. I am assuming the phone needs to be connected to the internet to make this all happen right
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This is dumb. If you can't keep track or manage a wallet with credit cards, you shouldn't be allowed out of the house.
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