Real estate… in my pants

It’s really interesting how consumer electronics evolve. It struck me reading this article about a new NFC phone that cell phones represent the hottest real estate in CE right now. There’s really no particularly necessary reason that phones should also act as payment devices, except that Citi wants to get in your pants, and they see that you’ve got that bulge in your pocket, and it just starts to make sense from there, both for them and for anyone who has a cell phone and also pays for stuff. And once that technology is integrated, one can imagine all sorts of other synergies to be had, such that in a few years it’ll seem so obvious that of course your payment device is integrated with your voice-text-picture -video-addressbook-game -web-positioning-memo -schedule-reader-mapping -music-etc. device…

One comment

  • 2008/03/21 - 02:19 | Permalink

    I wouldn’t trust Citi in my pants. Considering that they can’t even make an ATM card that works in their own machines (it works in every other machine I have tried), I’d hesitate to trust anything more complex anywhere near my bulge.

    Then again, I tend to keep cell phones out of my pockets anyway. Not because I am worried about the PA irradiating my ‘nads or scared of battery fires. I just don’t feel the need to have a mobile phone.

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