Where on earth do y'all keep your condoms. They have been a mainstay of a gentleman's wallet for years down here, and I am unsure if there is an app to cover this.
KGB
KGB
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Coin
- Thread starter sdilley14
- Start date
- Sort by reaction score
Oh, I'm sure there is. Somewhere out there on the digital information superhighway, there's probably an app that consists of nothing but pictures of Margaret Thatcher playing baseball wearing nothing but her socks. It works as a just in case measure for those occasions when you're about to get deep into the moment, but don't have a condom handy for accidental baby prevention. All you have to do is take your smartphone out of your pants, look at that for five seconds, and BAM...
...you're celibate for at least a week.
I checked with a local retailer about whether they'd accept the Coin. First comment was "Must be American"... due to the magnetic stripe. We've been chipped for a while now.
Then they said they'd probably not accept it since there is no way for the retailer to even do a cursory check for a fraudulent card. Ultimately it is the retailers who pay for fraudulent use since purchases made with a stolen card are charged back to them.
I doubt this will get approved by the card issuers in any case. Criminals won't have to go to the trouble of forging duplicate cards with stolen numbers, they can just load up a Coin with 8 stolen cards. Once a stolen card is de-authorized, the criminal doesn't need to make a new forged card ... they just need to add a new stolen card number to the Coin.
Then they said they'd probably not accept it since there is no way for the retailer to even do a cursory check for a fraudulent card. Ultimately it is the retailers who pay for fraudulent use since purchases made with a stolen card are charged back to them.
I doubt this will get approved by the card issuers in any case. Criminals won't have to go to the trouble of forging duplicate cards with stolen numbers, they can just load up a Coin with 8 stolen cards. Once a stolen card is de-authorized, the criminal doesn't need to make a new forged card ... they just need to add a new stolen card number to the Coin.
Interesting concept but I would have no use for it. Still old school and like cash. Only have one CC and it is for emergencies only. So skinny wallet. Cash is always kept separate from wallet.
Where on earth do y'all keep your condoms. They have been a mainstay of a gentleman's wallet for years down here, and I am unsure if there is an app to cover this.
KGB
Hey now, don't just give away the next $3 billion app idea!!
Whatever shortcomings/advantages Coin may have...here's a little financial information...
Supposedly the non-replaceable, non-rechargeable battery lasts 2 years. Let's assume that's reasonably accurate.
When the battery dies, you have to buy a new card. So if you buy the pre-order (and everything goes as the devs hope it does) for $50, the first 2 years usage costs $25/year. When the battery craps out, you then buy a new one for $100...costing you $50/year to use Coin.
Essentially, it's a subscription (or rental) system. You pay them $100 to use their device for roughly 2 years.
As much as I like the Coin card, and would like to pre-order one...I have to give careful consideration as to whether the convenience (again, assuming merchant acceptance, etc.) is worth $50 per year.
Supposedly the non-replaceable, non-rechargeable battery lasts 2 years. Let's assume that's reasonably accurate.
When the battery dies, you have to buy a new card. So if you buy the pre-order (and everything goes as the devs hope it does) for $50, the first 2 years usage costs $25/year. When the battery craps out, you then buy a new one for $100...costing you $50/year to use Coin.
Essentially, it's a subscription (or rental) system. You pay them $100 to use their device for roughly 2 years.
As much as I like the Coin card, and would like to pre-order one...I have to give careful consideration as to whether the convenience (again, assuming merchant acceptance, etc.) is worth $50 per year.
As far as I'm intrigued, it doesn't seem worth it for me. Perhaps if I had to juggle 5+ cards on a daily basis it might be worth it for the sake of convenience, but right now? Meh.
I personally pay for everything with cash and only have a joint checking, individual checking, and one credit card.
But anyway, what's to stop the waiter/waitress from accidentally pressing the button and switching the card to the wrong one as they're about to swipe it?
But anyway, what's to stop the waiter/waitress from accidentally pressing the button and switching the card to the wrong one as they're about to swipe it?
Thinking about it, how is this legal? Surely it's basically cloning a credit card. If it is legal i'm sure there must be something in most credit card terms and conditions that would prevent you from doing it.
First thought was what if the person who takes the card to swipe (restaurants) accidentally changes the card by pressing the "button"? If there was some way to register my thumb print like with the iPhones then maybe that would be better.
Then I questioned what could happen if the battery dies. They cannot guarantee 2 years. They say normal use but what is that? I would rather there be a countdown timer of sorts. The app registers all swipes and says that on average the card can handle 2000 swipes and I'm at 1999 and about to leave on vacation. So there is that concern for me.
Finally, card issuers acceptance of this and fraud. I didn't notice a name on the card or any way to tell that it is mine. So asking me for ID (which apparently can be stored in the Coin) is pointless unless you have a way to cross reference my name.
There are a number of unknowns here and I realize this isn't out yet, but for $55, it would certainly be interesting.
I also carry two bank cards, a credit card, healthcare card, proof of insurance, and a picture in my wallet. I don't carry loyalty cards since I have used Keyring since as long as I can remember now.
Then I questioned what could happen if the battery dies. They cannot guarantee 2 years. They say normal use but what is that? I would rather there be a countdown timer of sorts. The app registers all swipes and says that on average the card can handle 2000 swipes and I'm at 1999 and about to leave on vacation. So there is that concern for me.
Finally, card issuers acceptance of this and fraud. I didn't notice a name on the card or any way to tell that it is mine. So asking me for ID (which apparently can be stored in the Coin) is pointless unless you have a way to cross reference my name.
There are a number of unknowns here and I realize this isn't out yet, but for $55, it would certainly be interesting.
I also carry two bank cards, a credit card, healthcare card, proof of insurance, and a picture in my wallet. I don't carry loyalty cards since I have used Keyring since as long as I can remember now.
Do you ask for a seat that's close to the register?
or follow the wait staff up as they swipe your card? 
I think it's pretty cool. Worth $100? Maybe. People have paid much more for much less. Personally I have a credit card and debit card for each of 2 accounts (personal and joint with my girlfriend), plus a few other cards.
For everyone worried about people suddenly having access to all your cards, or not being able to verify that you are the actual owner: it's linked to your phone and automatically shuts off if it's away for too long, so unless whoever takes it also takes your phone, shop owners should be confident that as long as the card is functional you are the actual owner.
For everyone worried about people suddenly having access to all your cards, or not being able to verify that you are the actual owner: it's linked to your phone and automatically shuts off if it's away for too long, so unless whoever takes it also takes your phone, shop owners should be confident that as long as the card is functional you are the actual owner.
If a waiter steals your credit card number and goes on a shopping spree, you're not responsible for any of the charges. If your wallet gets lost or stolen, you're not getting that cash back.
And that's one thing that makes the coin better than your actual CC that it will be locked at a certain distance from your phone via bluetooth, and you get alerted when it's too far from you. Not sure if you can set the distance or a time frame, but it's pretty cool.
That's $55 for (supposedly) 2 years. Then you have to buy a new card, at $100, and do so every 2 years.
See Post# 38...
It's basically a subscription deal...renewable every two years.