Topic: [2014-08-25] Will that be debit, credit or Bitcoin? (Read 669 times)

Chef Ramsay

legendary

Activity: 1568

Merit: 1001

I started off by thinking, "great, now more and more people will have more payment options." However, there really was no draw to not use standard debit or credit until the last paragraph:

Quote

"Of all the loyalty points in the U.S., one-third of them go unused," Nakamura said. "So what if you could spend all of those points at an existing point of sale? Bitcoin is just one of those stores of value. Although we are leading with bitcoin right now, we are thinking a lot more generally about all of this value you have every day."

Ideally, they still should work some discount enticements in on the merchants side of things.

epere

sr. member

Activity: 364

Merit: 250

http://www.cnbc.com/id/101937441#.

Would you like to pay for your morning coffee with your credit card or your bitcoin wallet?

If San Francisco-based start-up Shift Payments has its way, you'll soon be able to switch from real money to digital currency when paying with a single card.

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