“MintChip is ‘the future of money,’ according to the Mint’s promotional video, which goes on to present it as a digital version that would be legal tender, just like physical dollars and cents. You would hold it on a smartphone or other electronic device, just like a wallet. And according to the Mint’s Mr. Brûlé, the money could be used just as easily whether you’re shopping at a conventional bricks-and-mortar retailer, on-line or at your neighbour’s garage sale, though your neighbour would of course need a properly equipped smartphone. Mr. Brûlé sees it as part of the leading edge of a tsunami in mobile technology that is now washing over our society.”
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