Originally Posted by kebosabi

Hate to sound pessimistic, but Coin very well might turn out like the Dynamics card.

1. Innovative idea
2. Wins awards
3. May even have a bank pick up the idea (as Citi did with Dynamics)

Except...

4. It never really sees the daylight and ends up being DoA


The problem with both Dynamics and Coin is that it was really an idea product centric to the American credit card payments environment, when credit cards themselves have become a global payments standard in an increasingly globalized world.

It's like coming up with a brand new idea for a cell phone that'll only works in the US when the proper thing to do is like Apple and Google introduce something that works everywhere in the world whether in Los Angeles, London, or Tokyo.