Comments on: Cherry Credits Now Available in 7-11

By: Creditz: “The World’s First Digital Currency” [bullshit] - To[p oBcultu]re

Mon, 29 Oct 2007 19:23:19 +0000

[...] PS. Creditz people: your branding fucking sucks. Your website looks like it’s from the goddamned late 90’s and the language you’re using is as transparent as the flaws in your business model. Creditz? Come on. Give us a little more “credit” than that. With that kind of idiocy, you should at least be targeting teenagers, like QQ coins or Cherry Credits, because people who are old enough to know better are not going to pump value into your system - especially if they can’t get anything back from it. [Note: That was a freebie because I’m a nice person. Any further tips will cost you.] [...]

By: Tim Boucher

Tim Boucher — Sat, 27 Oct 2007 00:48:24 +0000

I like the term

“COMPETING CURRENCIES”

COMPETITIVE CURRENCIES

Because capitalism ostensibly rewards effective competition, correct?

By: Tim Boucher

Tim Boucher — Sat, 27 Oct 2007 00:47:26 +0000

Is that the best way of explaining the goal we’re shooting for?

By: Svenson

Svenson — Fri, 26 Oct 2007 21:18:37 +0000

Amazing…Will we actually end up with a free market for currency itself, where the best system wins? I think that would be fantastically good.

By: p

Fri, 26 Oct 2007 20:35:28 +0000

Why would you need that?

Even if someone gets your password, they don’t have your unique keychain fob, so they can’t generate the PIN. You need both PIN and password for this scheme.

I’m getting excited between these Cherry monies and the QQ coins… feels like digital cash might take off easier in asia than EU or US.

By: Tim Boucher

Tim Boucher — Fri, 26 Oct 2007 20:15:07 +0000

Why would you need that? Seems like training wheels for a product yet to be rolled out.

It does also seem to fit into the “disposable identities” thread…

By: p

Fri, 26 Oct 2007 19:07:41 +0000

Paypal rolls out hardware-based PIN system:
http://www.binrev.com/forums/index.php?showtopic=34340