PayPal president: Bitcoin is good, NFC is bad
-
[url=http://news.cnet.com/8301-1023_3-57615080-93/paypal-president-david-marcus-bitcoin-is-good-nfc-is-bad/]http://news.cnet.com/8301-1023_3-57615080-93/paypal-president-david-marcus-bitcoin-is-good-nfc-is-bad/[/url]
-
Wow, the comments on this article are completely stupid. Stupid people making stupid comments makes my IQ drop 30 points. If I could only brow beat those idiots into realizing how amazing crypto is. Well it’s their loss. We’re the early adopters even at this late stage. Crypto is seeing one hell of a growth phase and it’s not nearly done yet.
-
Omg, I read more and my eye’s almost melted into my keyboard. Someone make the ignorance go away. Education isn’t the key to solving ignorance, as it obviously doesn’t work. Okay I’m done ranting.
-
This quote he said makes me question how he ever made it out of school let along became a president of a company that handles financial transactions:
“Why do you need to be at a place in a store to make a payment? [NFC is] too little too late.”
Because if the “range” is too far there is an increased risk of theft of the data on the NFC device and unauthorized payments/transactions. Furthermore, what does he think people will just go home and “pay online” later. 'Oh don’t worry about the $1,000 in electronics I just left your store with, I’ll pay you on PayPal when I get home never." I wouldn’t let this guy run a lemonade stand if he comes up with gems like the quote above.