You’ve heard of a traditional coin and you’ve probably heard of Bitcoin – but now, there’s simply – Coin. It’s a device, spawned from collective funding, that takes all of your credit cards and jams them into a single, sleek device.
It’s unlike Apple Pay in that a special terminal isn’t needed by merchants to accept the payment – any, fairly new, credit card machine should do.
This is one of two things:
- An amazing bridge between tactile credit cards and the contactless, NFC payment methods of the future, OR
- The next fancy gadget that gets a bunch of people’s identities stolen and their funds ripped off