Coin: Dead or Alive?

I learned my lesson to not develop an entire business on the buzz of a new product https://www.kickstarter.com/projects/bendunphy/numis-the-coi...

Likely dead.

While I like the idea behind coin and similar systems like the stratos card and would use the technology, usually these systems don't make it past prototypes.

Visa/MC/Disc/Amex put an end to a lot of these all-in-one cards. If they do get released, they don't last long.

Storing full track data, which is what these systems do, is against card company regulations. They own the magnetic stripe data and keep tight controls over how it is used.

For a simple overview see: http://www.visa.com/dropthedata/data.html

Coin has been replying to backers on Twitter: https://twitter.com/coin/with_replies

I have one, it works in a lot of places. Sometimes it has issues on gas station machines, but besides that its great. 7/10

I assume this is about https://onlycoin.com/ ?

Checkout Final: https://www.getfinal.com/

I suppose they will ship. But dates are moved