[LINK] NYTimes - Starbucks and Square to Team Up

[Frank O'Connor]

Yo Jan,

Right! ... You can never overlook the Easily Impressed Dullard factor.          :)

I've seen a zillion of these cash replacement schemes come and go over the last 20 years ... micro-payments, various digital payments, barter schemes, and the like but the only ones that have worked and gained widespread acceptance have been tied into existing 'conventional' banking products (debit cards, online banking, subscription schemes, etc etc). The rest have been solutions in search of problems for which other solutions were working just fine thank you very much.
---
On 09/08/2012, at 1:10 AM, Jan Whitaker <jwhit at melbpc.org.au> wrote:

> At 12:18 AM 9/08/2012, Frank O'Connor wrote:
> 
>> As Roger said ... the naivety of the NYT journalist is unbelievable. 
>> (But maybe the banks, government and law enforcement agencies 
>> sponsored the article.)
> 
> Or maybe it was a case of "oh look! pretty!"
> 
> Jan
> 
> 
> 
> Melbourne, Victoria, Australia
> jwhit at janwhitaker.com
> blog: http://janwhitaker.com/jansblog/
> business: http://www.janwhitaker.com
> 
> Our truest response to the irrationality of the world is to paint or 
> sing or write, for only in such response do we find truth.
> ~Madeline L'Engle, writer
> 
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