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Topic: [2016-06-04] COINTELEGRAPH- What If Facebook Became A Payment Service (Read 258 times)

legendary
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Merit: 1073
For this to happen, someone needs to simplify the process or invent a hardware device that would handle all the complex stuff. Users should not be bothered with online wallets and keeping their

Bitcoins and private key safe. The Trezor is already a good step towards this goal, but it's still prohibitively expensive. Bitcoin will also have to scale to accommodate this kind of activity and the only

option will be to implement off-chain solutions or LN to allow for this.  Roll Eyes
sr. member
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What If Facebook Became A Payment Service

How could social payments reshape our daily habits? CoinTelegraph speaks to Canadian Bitcoiner Kyle Kemper about the Social Wallet, a nonprofit that hopes to digitize every aspect of services.

Kyle Kemper, Social Innovator and Founder, says:

    “Social payments are a whole new paradigm in finance. Also think about all the sites you use: fold, purse, coinbase, bit gold, kraken, online banking, social media, etc. - ultimately you'll be able to leverage their systems, create accounts, and derive value from them without needing to remember a million different URLs and UN/PW combos. With digital identity plus money, we can reshape logins, checkouts, brick and mortar stores. It’s a concept called seamless experience.”

READ MORE >>> http://cointelegraph.com/news/what-if-facebook-became-a-payment-service
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