The coin is a new electronic card that combines all of your credit card, debit, gift, and any other electronic cards into one small little black card.

From afar this looks like a awesome idea! The video for this new card has been out for 2 days and it already has over 3 million hits on Youtube! But this little black card worries me.

A small black electronic device with all of your financial accounts linked into one card sounds like the jackpot for any credit cards thieves lurking in the background, and they are!  Credit card fraud is a 5 Billion dollars a year industry and with this new addition I'm afraid all your gonna do is make is easier for your accounts to get drained.

What do you think?

 

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