onlycoin.com

[Phinnaeus Gage]

https://onlycoin.com/

http://www.youtube.com/watch?v=w9Sx34swEG0

The YT video came out only yesterday and already has 2,483,277 views.

Here's the kicker...wait for it...it's available via pre-order only.

Get Yours First

Starts shipping Summer 2014.

What are the chances that Bitcoin will be able to interface with it?

~TMIBTCITW

[BitcoinBarrel]

Oh LOOK another Pre-order! That means they do not have a finished product and most likely this will be a giant fail. I like credit cards just the way they are.

[Come-from-Beyond]

What are the chances that Bitcoin will be able to interface with it?

None. Coz Onlycoin is vaporware.

Edit: It's a credit card holder in the picture. My bank gave me the same thingie for my card. It can be used to put inside only 1 (or 2 if u r strong enough) credit card.

[forbun]

actually, it's legit. i know a lot of people who have pre-ordered it already.

[niothor]

actually, it's legit. i know a lot of people who have pre-ordered it already.

Legit means when people start actually receiving the product.
"Starts shipping Summer 2014" it's a turn off.

[lucaspm98]

actually, it's legit. i know a lot of people who have pre-ordered it already.

Its not legitamate until there are finished, working models available for immediate purchase and use. Until then it's just an interesting but far off dream.

[CoinHoarder]

That looks pretty cool. I'm not sure what this has to do with Bitcoin though. It looks to me like this will only work with debit/credit cards. There seems to be major complications in creating a Bitcoin cred/debit card. There have been a few projects rumored to be in the works for over a year now, but nothing has come to fruition. I think it is probably pretty hard figuring out the regulation, KYC, negotiating with visa/mc/whatever. I really hope a Bitcoin debit/credit card exists one day.. that would be awesome. It doesn't seem like this is it though.

[tom.hashemi]

VERY cool. I like this a lot.

[Zakryze]

That guy is going to be  the new Bud Spencer of Bitcoin i guess...

[Coinseeker]

Very cool!  Although still based on a banking system that is utterly unsustainable.  So, more cool gadgets for a bankrupt, debt-based system.

[b!z]

They should have made it for Bitcoin. It would be pretty cool.

[Coinseeker]

Doesn't make sense made for Bitcoin.  Bitcoin only does Bitcoin.  What are you going to switch between, Bitcoin and...Bitcoin?  This made for Ripple, now that's useful.  Switch between Bitcoin, Litecoin, USD, EUR, etc....that would be a game changer for sure.

[Phinnaeus Gage]

I won't be surprised if Coin interfaces with Bitcoin given the following:

http://www.theverge.com/2013/11/14/5103820/coin-electronic-card-to-hold-all-your-credit-cards

So doesn’t this mean that if your phone dies, your Coin is useless? Perhaps it was this conundrum that attracted the attention of Osama Bedier, the former head of Google Wallet, who’s an investor in Coin. Bedier spent years attempting to make Wallet the NFC payments standard of future phones, but Google abandoned his work to pivot the product into yet another PayPal competitor.

https://twitter.com/obedier

Shervin Pishevar ‏@shervin 18 Nov
+1,100 “@adamludwin: Bitcoin is trading over $1,100/coin in China right now”
 Retweeted by osama bedier

https://onlycoin.com/support/faq/

Q. What kinds of cards can I store in my Coin?

A. Debit cards, credit cards, gift cards, loyalty cards and membership cards.

https://www.gyft.com/ comes to mind.

Looks like I've mentioned Osama before:

MintChip, meet Ice Cream.




Soon accepted at all Baskin Robbins in Canada.





List of Judges: http://mintchipchallenge.com/details/judging

Osama Bedier
Vice President of Payments, Google

Ian Bennett
President and CEO, Royal Canadian Mint

David Birch
Director, Consult Hyperion

Bob Borchers
General Partner, Opus Capital

David Crow
Chief Marketing Officer, Maintenance Assistant Inc.

Jeff King
Senior Director X.commerce Platform Partnerships, eBay

Amanda Lang
Senior Business Correspondent for CBC News and Anchor of The Lang & O’Leary Exchange

[escrow.ms]

Its really cool.. but but their simple process of adding cards can get abused easily.
For example, if someone owns this onlycoin device and if by chance he got access to  someone else's credit card, he just need to swap it and take some pictures to make a credit card clone.

[AgeraS]

Could you not use this exact card to hold different wallets, e.g. BTC, LTC, etc..  They could be stored on the card and are sent to it via bluetooth. Then you could have a cellphone app that uses the 3.5mm headjack card reader to process the bitcoin payments. This would be like a Trezor, a cold storage computer, but one that you can fit in your wallet and actually use to make payments. Would this not work? 

[Stevenrm87]

Its really cool.. but but their simple process of adding cards can get abused easily.
For example, if someone owns this onlycoin device and if by chance he got access to  someone else's credit card, he just need to swap it and take some pictures to make a credit card clone.

I like it, but, what he said.

[dominicwin]

Its really cool.. but but their simple process of adding cards can get abused easily.
For example, if someone owns this onlycoin device and if by chance he got access to  someone else's credit card, he just need to swap it and take some pictures to make a credit card clone.

I think I'd be more worried about my waiter abusing it than credit card thieves.

[Nemesis]

Its really cool.. but but their simple process of adding cards can get abused easily.
For example, if someone owns this onlycoin device and if by chance he got access to  someone else's credit card, he just need to swap it and take some pictures to make a credit card clone.

I like it, but, what he said.

I can see my gf doing this LOL

Seriously CC companies make it so damn easy to use their cards (they really dont care...)

[Phinnaeus Gage]

Its really cool.. but but their simple process of adding cards can get abused easily.
For example, if someone owns this onlycoin device and if by chance he got access to  someone else's credit card, he just need to swap it and take some pictures to make a credit card clone.

I like it, but, what he said.

I can see my gf doing this LOL

Seriously CC companies make it so damn easy to use their cards (they really dont care...)

Hell, daily I hand my card over to complete strangers that anyone of them could rape me of thousands, but I'm more apt to protect my bitcoin storage devices, namely my laptop from strangers. Although, while I was in Atlanta, the same laptop was stored where they stored the coke in the room adjacent to BitPays office during the meetup, then the next day was hidden(?) underneath the Bitcoin Magazine table during the duration of the Bitcoin conference, even when Jason, Rassah, I, et al. left by foot to eat lunch a few blocks away.

[Bitcoinpro]

its a bitcoin client that runs through eftpos machines, just do away with all the cards and replace them with a bitcoin card