[LINK] NYTimes - Starbucks and Square to Team Up

[Stephen Wilson]

Right!

File this one under "Be Careful What You Ask For In Case You Get It".

Banking is one of those things that we should really wish to be 
conservative.

<soapbox>
Along the same lines, security is supposed to be "hard". Think about the 
hassle of getting all your cards replaced when you lose your wallet.  
And then ask yourself if it would be a better world if you -- and the 
crooks -- could get new cards much more easily?
</soapbox>

Cheers,

Steve.

Stephen Wilson
Managing Director
Lockstep Group
Phone +61 (0)414 488 851
http://lockstep.com.au
Lockstep Consulting provides independent specialist advice and analysis
on digital identity and privacy.  Lockstep Technologies develops unique
new smart ID solutions that enhance privacy and prevent identity theft.


On 9/08/2012 9:50 AM, Frank O'Connor wrote:
> 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.
>