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Vinyl in the News

NEW YORK (CNNMoney) -- Credit cards may soon be as outdated as vinyl records. (Remember those?) And this is the year that the slow, steady march to oblivion begins.

You can already use your iPhone, Droid or BlackBerry to buy a hotdog at the ballgame, buy your Starbucks latté, or give a friend a few bucks by Bumping phones. But by the end of the year you may not even think twice about reaching for your phone to pay at the register instead of fumbling for your credit card.

"Your plastic card hasn't changed since the age of the vinyl records," said Michael Abbott, CEO of Isis, a new mobile payment network. "This is the chance to bring payments forward from the plastic age and the vinyl records age to the digital age."

So "Perfect Money Forever" or "Due to Jitter your payment is Fuzzy"

Bottom line is that I'll still be using full resolution 180 gr gatefold credit cards 30 years from now and the kids will be paying for things with low res compressed money that they download from sketchy web sites.
nikturner920

Showing 1 response by tbg

tbg
5,263 posts
 
I must say that the salesman was flummoxed when I went in to buy a flip phone with no keyboard, games, etc. After some thought he went in back and came out with one.

We may be forced to go to smart phones as we are becoming eccentrics. I talk with a guy with an Iphone who is often disconnected by touching the front screen anywhere. Who needs that? I have friends who have sent me text messages that I never acknowledged. I have banned them and their charges on my phone. Why would I pay for messages when I can get voice mail for nothing?
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