News for hackers. Stuff that matters.

A comment on Tipjoy Raises $1 Million For Its Simple Micropayment Platform. Parent comment

Re:Tipjoy Raises $1 Million For Its Simple Micropayment Plat... by netcan on Thursday September 25, 2008 @04:58AM (#314688)
Sure, but they are theoretically in more of a position to do so then anyone else (paypal, tipjoy, etc). They have the size to deal with it & they have the ability/experience to lobby Governments.

They also already have their fairly usable online banking systems which would make a good base.

[ Parent | on HN ]
Re:Tipjoy Raises $1 Million For Its Simple Micropayment Plat... by ivankirigin on Thursday September 25, 2008 @08:06AM (#314772)
Have you ever talked to anyone who worked at a bank? They aren't exactly out for innovation.
[ Parent | on HN ]
Re:Tipjoy Raises $1 Million For Its Simple Micropayment Plat... by sethg on Thursday September 25, 2008 @09:05AM (#314798)
Leveraging yourself 30:1 to buy collateralized debt obligations doesn't count as innovation?
[ Parent | on HN ]
Re:Tipjoy Raises $1 Million For Its Simple Micropayment Plat... by ivankirigin on Thursday September 25, 2008 @09:26AM (#314816)
I do agree that there is a great deal of innovation on the high end. You should look into the automated traders they are making these days. Consumer facing services, not so much.
[ Parent | on HN ]