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Title: Motley Fool video reeks of Bitcoin. Post by: enmaku on October 22, 2011, 02:58:28 PM I got an email from Motley Fool this morning that had a link to a video/slideshow (http://www.fool.com/fool/free-report/15/nfcaudiosale-136737.aspx?source=irbspoeml0001723) which ended up being about NFC and phone-based payments, but for the first several minutes of the video I found myself saying "this *has* to be about bitcoin" - "it's the future of payments" "its price has pulled back significantly making for an excellent buying opportunity" "a technology so disruptive that it actually destroys its competition simply by virtue of superiority" and so on. Perhaps this is the tech that needs to go mainstream before the world is ready to start paying with non-credit-card currencies?
In any case, I thought it was an interesting video that this crowd might appreciate, even though after several minutes it turned out not to be Bitcoin. Title: Re: Motley Fool video reeks of Bitcoin. Post by: BitcoinMint.US on October 23, 2011, 12:12:44 AM I've always thought buying bitcoins was more like investing in a new payment system than owning another currency.
Title: Re: Motley Fool video reeks of Bitcoin. Post by: Tuxavant on October 23, 2011, 05:34:40 AM Agreed, This is all about Bitcoin. I believe the Android Bitcoin Wallet already supports NFC.
Exciting stuff. I loved the analogy about the evolution credit cards.. I kept replacing "Diner Card" with Bitcoins in my head and the goosebumps wouldn't go away. Title: Re: Motley Fool video reeks of Bitcoin. Post by: repentance on October 23, 2011, 10:51:06 AM The technology is already mainstream. Visa and Mastercard have been using it for quite a while and Visa in particular has been aggressive about getting their payWave system (Mastercard has PayPass) adopted - it's partnered with Samsung to provide NFC payments at the London Olympics and signed a global licensing deal last month to provide NFC technology for Google wallet.
Title: Re: Motley Fool video reeks of Bitcoin. Post by: enmaku on October 25, 2011, 06:32:00 PM I kept replacing "Diner Card" with Bitcoins in my head and the goosebumps wouldn't go away. That's what I kept doing too. I wasn't even sure until they mentioned NFC by name that they *weren't* talking about Bitcoin. It can be used by mobile phones... Its "shares" are at a nice low price and some economists at least expect a rebound... It stands to revolutionize payment and do away with your credit card(s)... When are they actually going to say the word "Bitcoin" already! Ohhh they're talking about NFC... Damn. |