Yes indeed, and more confirmation of what we all have been reiterating here for sure.
Now, the real challenge we face is getting those billions of people to use NEM instead of Bitcoin. And no, not for our own benefit, but because NEM is simply better. If he does not want to see those billions of people who cannot have a bank account lose everything as he so desperately wants to prevent, then I think NEM is going to be the better solution. Bitcoin, as we have been talking about here, is inherently flawed. A 51% attack is ridiculously easy for any entity with enough cash to execute, and that alone is reason enough for me to be wary about putting too much of my finances into BTC as a safe store of value.
NEM, and I'm sure many other next-gen cryptocurrencies, are going to remedy that. We just have to educate people and show them why it's better. Bitcoin has the advantage in that it was the first to market, and the name is becoming known worldwide as we sit here in front of our computer screens at this very moment. NEM does not have that advantage, but that is up to us to change.
This is why a mobile first approach is absolutely essential. This is also part of why I like a brain wallets because some poor sod in Sao Paulo that gets his mobile jacked in the cab (been there done that) will be SOL. If you have a mobile focus, with super super simple usability, and a brain wallet or some sort of mechanism for the mobile only folks that allows them to store there stuff somewhere with private key encryption (part of what that bitcoin article was talking about with regards to security), then I think you are very close. You don't want folks killing other folks for their mobiles to get at their "wallet". Same sort of problem with paper money and wallets today. People in rural areas might not have access to a bitcoin atm, or a bank account, but they might have a prepaid phone (does that have any sort of smart phone capable OS, not sure what that looks like). If I can "bump" my phone to theirs like samsung devices or whatever and flip stuff that way, might replace the goat at wedding time.
Agree, mobile will play a key roll in the future of NEM. Encryption could also be another solution toward mobile devices, I know some mobile phones now allow you to scan your fingerprint or face to unlock your phone. The Nem mobile wallet could be designed to enable biometric encryption and decryption of the private keys. A brain wallet can be forgotten, biometric technology is the future, we are already moving into a wearable tech phase. Google glass The Apple Smart Watch etc
We could also enable our mobile wallets to interact with a grid of ATMs creating a physical interface between merchants and consumers.
-EFFV
Cool so some dude grabs my phone, chops off my hand or beheads me for my eyeballs.
. I agree, but the prospect terrifies me. Incidentally, that becomes a form of 2FA imho.
Haha, I guess if someone wanted your wallet bad enough they would torture you for your brain wallet as well.
I agree, in a centralized system where people would be in control of your information (like a credit card version of what I described) would be terrifying. In a decentralized client, however, your biometric information should never leave your device and fall into the hands of a third party. I am all for biometric technology as long as it stays in the hands of the
INDIVIDUAL.
I want to be clear, I would not accept biometric identification from Apple, Google, or (the worst of all) the government.
Technology in this way is almost always two sided, people can use it for evil or peace, Identification, (or as in my example) privacy. I think it is always important to think about all the possible outcomes of your technology before entering development. Moral issues included.
Ofcourse all of this requires a password. 
