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Links 1 through 10 of 10 by Simon Phipps tagged Money

While I can't see this becoming common using the setup tested here, it's a proof-of-concept that puts BitCoin into perspective.

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Interesting project that could make quite a difference if the result is lighter weight both in terms of code size/complexity and processing/bandwidth requirements.

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Interesting alternative economic system.

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Note how unconcerned the bank spokesman appears. Then note that all transactions verified with a PIN (according to the bank) are the liability of the customer. Then draw the obvious conclusion.

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After this presumably all payments will either need a payment card or to be made on the internet. Joining the dots, this means that if some music publisher decided my internet connection had been used in a way he didn't like, I could be rendered unable to pay bills. IN what way is that appropriate? We need a bit more joined-up thinking from our legislators.

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"Excess wealth is gone like the codpiece. The free market will continue but any respect for the idea of free money is all over."

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This is quite jaw-dropping - "The number of fake pound coins in circulation has doubled in the past five years and one in every 50 is now counterfeit."

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Pretty cool new designs for British coinage - looking forward to seeing them as atoms and not just bits. They look like they tessellate.

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Is this for real? Or an elaborate scam to gather credit card numbers?

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Fascinating set of gathered data, which nonetheless fails to deliver on its title. Where are Woodward and Bernstein when you need them? [ex Joho]

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