Coin Credit Card

[maansmit]

Anyone else anxiously waiting to get theirs? Sounds like they may start shipping soon.

https://onlycoin.com/

I am looking forward to streamlining my wallet.

 

[bluewraith]

I did something similar years ago.. tossed everything out of my wallet but my debit card, ltch, and drivers license. If something stays in my wallet for over a week without being used, it's removed.

 

[Crbn79]

Playing "Devils advocate" what happens when you hand your regular credit card to the waiter/waitress, etc, and they walk around the corner and swipe your card into their Coin card. Next day you have charges on your CC from Hairy Bob's Bait and Bras ???

 

[maansmit]

Playing "Devils advocate" what happens when you hand your regular credit card to the waiter/waitress, etc, and they walk around the corner and swipe your card into their Coin card. Next day you have charges on your CC from Hairy Bob's Bait and Bras ???

That could happen with just about any credit card.

 

[maansmit]

I believe you need to have the actual physical credit card on hand to be able to add the card to a Coin. I don't think possession of one Coin card would allow someone to get those cards onto theirs.

 

[Crbn79]

That could happen with just about any credit card.

Exactly my point.

Playing "Devils advocate" what happens when you hand your regular credit card to the waiter/waitress, etc, and they walk around the corner and swipe your card into their Coin card. Next day you have charges on your CC from Hairy Bob's Bait and Bras ???

I believe you need to have the actual physical credit card on hand to be able to add the card to a Coin. I don't think possession of one Coin card would allow someone to get those cards onto theirs.

 

[DoggyDaddy]

Exactly my point.

I think the assumption is that once you have a Coin Card, you would no longer be carrying your regular credit card to be able to hand it to the waiter/waitress.

 

[ashby koss]

SO im interested and watching. If the blue tooth link does limit the range and activity of the card this could be a new layer of security if done correctly...

 

[HoughMade]

Dammit....

...about 7 or 8 years ago, sitting around at lunch, I was complaining about every store wanting to give me their own discount card, 2 gas stations, 2 grocery stores, Autozone, etc. I was remarking how there is no reason why there could not be one card that stored the info for all of these cards so that you only needed 1.....and I promptly requested another Diet Coke and did nothing with the idea.

The only thing that keeps me from feeling horrible is the idea that this idea was around before that....but I refuse to research it, lest my idea predated it.

 

[ashby koss]

Dammit....

...about 7 or 8 years ago, sitting around at lunch, I was complaining about every store wanting to give me their own discount card, 2 gas stations, 2 grocery stores, Autozone, etc. I was remarking how there is no reason why there could not be one card that stored the info for all of these cards so that you only needed 1.....and I promptly requested another Diet Coke and did nothing with the idea.

The only thing that keeps me from feeling horrible is the idea that this idea was around before that....but I refuse to research it, lest my idea predated it.

Take comfort in the lack of lawsuits and arbitration that "could" come from owning this company... Imagine the target this company will have on its head from hackers around the world multiple cards with 1 account. If you can steal the card or hack it... well

 

[HoughMade]

Own the company? He!! no, I would have sold my patent to some other schmuck and let him have the headaches, I'd just have the upfront and the royalties.

 

[ashby koss]

Own the company? He!! no, I would have sold my patent to some other schmuck and let him have the headaches, I'd just have the upfront and the royalties.

now thats the way to do it!

 

[maansmit]

Exactly my point.

Sorry, I misread your post.

 

[ModernGunner]

Already have this idea, it's called a 'debit card'.

Coin wants me to pay them $100 just to 'lighten my wallet'? lolololololololololololololol...