Coin, Phones and the Future of Credit Cards

After reading this TechCruch piece on Coin, I'm wondering if, someday, credit card companies will stop producing the plastic throw-away cards. This future would see us using our cell phones with NFC functionality or tools like Coin. That should reduce the amount of plastic added to our waste stream, and, I expect, lower costs for the credit-card industry. They won't need to manufacture, much less distribute cards.

I also hope gift cards will evolve this way. One example: I get a number of Starbucks cards as thank-yous for various efforts. The first thing I do with them is transfer the balance onto my iPhone's Starbucks app, then toss the card. Usually, the plastic card is in my possession from a few minutes to a day. It's really rather wasteful.

So, green benefits and cost savings; what a better win/win combination, right?

Comments

iPad and other glories

Perhaps I’m the only Macfan that’s not gaga over the iPad. It’s an interesting idea, but I’m just not sold on the concept. For what it offers, I think it would be valuable (to me) at a much lower price-point. Say, < $100. Then I could conceive. Heck, if it were $200 I would be sorely, SORELY tempted. But not $500. It doesn’t offer me much more than my iPhone. And I almost never use my Sony eReader (if the Mac version of the desktop software actually worked with it, then I might use it more). Anyway, if the iPad had handwriting recognition, or could do more with photo editing...I don’t know.

Link of the Day

Eternal Earth-Bound Pets, USA You've committed your life to Jesus. You know you're saved. But when the Rapture comes what's to become of your loving pets who are left behind? Eternal Earth-Bound Pets takes that burden off your mind. We are a group of dedicated animal lovers, and atheists. Each Eternal Earth-Bound Pet representative is a confirmed atheist, and as such will still be here on Earth after you've received your reward. Perhaps somewhat sacrilegious (ok, ok...nuke the "somewhat"), but I found this hysterical. I wonder, though, if they've made any money.

Millennium Falcon Coffee Table?

The folks over at Galatic Binder posted this awesome little table. Quite the piece of work, methinks. Were I a wealthier man, this would be on my "must have" list. It looks like it's made of bronze, so I'd hate to need to move the thing.

Carl Setzer

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