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Jonathan's Card

jonathanstark.com

1–10 of 232 posts

Re: Jonathan's Card

#4
Whenever I go through a toll bridge, I frequently pay the toll of the person behind me. I've sometimes wondered if it propagates backward at all. For the Starbucks card, I would love to live in a society where this could work. Unfortunately it's one of those things where one anonymous bad egg will ruin (i.e., drain the account) for everyone else. Some way to restrict it to a community with less anonymity would help (i.e., go to a web site, auth through hacker news, and then you get the image -- then it is tied to your HN identity).

Re: Jonathan's Card

#6
post #5

this is completely amazing and a great proof of concept -- there is so much that could be built on top of this

A while ago I was toying with the idea of making a BitCoinSBUX automated exchanger for fun, since card transactions are free and could be automated relatively easily. Never did get around to it. Also, there's a rather large scammy underside to BitCoin that would probably arbitrage the hell out of it.

Re: Jonathan's Card

#7
Interesting experiment in that the image is public with no signup/restriction to get at it. You would need to have a continuous stream of new "pay-it-forward" users to add money on the card, no? There are lots of coffee drinkers in the world... Wasn't there something in the news not too long ago about an investment firm that ran this way? :)

Re: Jonathan's Card

#8
The balance just went from $0 to $40 - awful nice of whoever did it. I'm a big fan of this idea - put in $5 and you can help out someone who you've probably never met!

Re: Jonathan's Card

#10
post #6
post #5

this is completely amazing and a great proof of concept -- there is so much that could be built on top of this

A while ago I was toying with the idea of making a BitCoin SBUX automated exchanger for fun, since card transactions are free and could be automated relatively easily. Never did get around to it. Also, there's a rather large scammy underside to BitCoin that would probably arbitrage the hell out of it.

Arbitrage with BitCoin? Surely you joke!
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