We have something very similar at NVIDIA, as well.
Exactly. Fermi launched two years ago.
Better stop using the internet. I hear it's full of bad stuff, just like Reddit!
How is Square the problem? They didn't invent the mag stripe.
The problem isn't that technology is scary, it's that the contactless payment stuff is being billed as MORE SECURE than other ways of using your card. This demo shows that the technology is vulnerable to being exploited with commonly available hardware.
It seems more like a correction to me. The idea that a BTC was worth $20 or more seemed too good to be true, probably because it was.
I think BitCoin is a great concept, but it needs more of a real economy and less currency speculation. I suspect that will come once the hype dies down. Maybe now that the value has gone down, that'll happen soon.