[Pigdog] Forbes on Bitcoin - praise for its financial innovation

Baron Earl baron at pigdog.org
Mon Mar 26 09:34:30 PDT 2012


Not what I would expect from Forbes.

"Therebs a lot of talk about dongles recently. Square has always
relied on a dongle and now PayPal is sporting a fancy triangle-shaped
dongle, nicknamed the bBlue Doritob. Both of these dongles equip your
mobile phone to accept and process credit cards securely by inserting
the device into the smartphonebs 3.5mm audio input jack. Apparently,
this passes for financial innovation in mobile payments but I file it
under the bnot-disruptive-enoughb category. Truly-disruptive financial
innovation is already here with decentralized bitcoin. And, bitcoin
doesnbt need a dongle!"

http://www.forbes.com/sites/jonmatonis/2012/03/24/bitcoin-doesnt-need-a-dongle/

P.S. If you're not using https://Blekko.com for finding the latest
tech-oriented news, try it. I entered "bitcoin /date" to get the
latest news on bitcoin and the results contained no spam or linkspam
sites.
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