Sunday, January 26, 2014

Can Bitcoin solve the Credit Card Problem?

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The New York Post has a really interesting article on Bitcion as a mitigater to credit theft problems. The Post noted that the problem with current card technology is that "while effective, it is very slow, inefficient — and vulnerable to hacks and cyberattacks."  They go on to say that crypto currencies "could resolve a number of the issues the outdated payment technology has struggled to overcome." and that "According to a source who recently spoke with one of the heads of Google Wallet, Sridhar Ramaswamy, the company could be working on adding bitcoin"

More @:  nypost.com


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