Advertise with us (we do not endorse any site advertised)

Author Topic: [FUD] Wired, Tired, Expired for 2012: From Stellar to Suck  (Read 1299 times)

0 Members and 1 Guest are viewing this topic.

Offline bitcoinforum.comTopic starter

  • Administrator
  • Legendary Member
  • *******
  • Joined: Nov 2011
  • Location:
  • Posts: 1477
  • Country: bz
  • Thanked: 29 times
  • Karma: +29/-0
  • Gender: Male
  • The Bitcoin genie is already out of the bottle.
    • View Profile
  • Bitcoin Address: 3BWV2PzZAgzqQQQetShbq6esAVmFs7hf1C
Wired, Tired, Expired for 2012: From Stellar to Suck
(By Michael Calore) 12.24.12 6:30 AM


It's a simple tool for sending money to your friends. Venmo is mobile-centric, so it's built to work over SMS. There are also simple apps for iOS, Android, and the web. Best of all, if you tie it to your regular debit card, there are no fees involved. Once you establish a tit-for-tat friend relationship with somebody, you can send them money just by typing a quick text. Venmo is simple, elegant and awesome. This year, I used it to pay a $5 bar tab, split a $32 charge for a pizza delivery, and buy a $1,000 bass guitar from a friend. And did I mention there are no fees?

PayPal is getting long in the tooth, and it needs to innovate. Better systems for mobile micro-payments between consenting adults have emerged. Also, NFC-based credit systems like Google Wallet and POS systems like Square are planting flags in PayPal's potential growth areas. It's still popular on Craigslist, eBay (duh) and other near-anonymous person-to-person markets, but PayPal needs to unlock the social component of swapping cash if it's going to avoid getting passed.

At the height of its popularity, Bitcoin was trumpeted as a viable alternative currency for the internet age, a monetary system engineered to prevent theft, gaming, and criminalization. Then came the malware, the black market, the legal ambiguities and The Man. Today, you can't even use it to buy Facebook stock. Bitcoin image: Trader Tim/Flickr. Photo: Ariel Zambelich/Wired

SMS something = Wired? Oh yes. Cool. My grandmother was a pin-up.
Paypal = Tired? Nothing to see here. Next joke please.
Bitcoin = Expired? Oh no. Another FUD... Wired is not so wired.
"Your keys, your Bitcoin. Not your keys, not your Bitcoin." (Andreas Antonopoulos)
Latest stable Bitcoin version
Latest stable Electrum version


WIRED Magazine Article

Started by tonzania

Replies: 0
Views: 5172
Last post December 10, 2011, 01:54:32 AM
by tonzania The digital detective Mikko Hypponen's war on malware is escalating

Started by

Replies: 0
Views: 3433
Last post March 21, 2012, 12:26:30 PM
by 15 More of the World's Most Dangerous People, Selected by You

Started by

Replies: 0
Views: 875
Last post December 22, 2012, 01:36:37 PM
wired: Bitcoin-based casino rakes in more than £300,000 profit in six months

Started by

Replies: 0
Views: 1271
Last post January 24, 2013, 12:19:42 PM
by Man Builds Tool for Hacking Comic Strips

Started by

Replies: 0
Views: 721
Last post February 14, 2013, 05:40:41 PM

your ads here