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I think we went too far in this (somewhat less than enlightened) discussion. The point was just that new forms of wearable technology will keep appearing and user adoption (not online discussions here) will decide which of them will be forgottena nd which ones will last.

As to payments (the topic in the article) it's just one of too many use cases for wearable tech. Again, we are yet to see more of those coming, and time will show which applications have a sustainable future.

Back to work now (or life, for some of us ;)

V.

> "cheap  " - its £135 unless I misread....

That's for the fashion, not for the tech :) ))

> "But would you really want to have to wear your NFC embedded shirt every day you were in the office?.."

Who said you can/must have only one? It's a cheap NFC tag (intelligence is in the phone app) and one can have many, in each shirt if needed :) ))

The term 'wearables' has been in use for a decade, but this is closest to its meaning. And, no - it's not a gimmick: clothing is a more realistic and practical path than skin-implanted chips. Beyond payment, the application use cases are endless (e.g. I hate pulling out my plastic-card pass at every door in our office, especially when my hands are busy with laptop + coffee + sandwitch :(  Same in public transport and many more potential applicatios - use your imagination :)

Good numbers, I have no doubt they have been meticulously researched, modelled, forecast - and the financial community has consensus about their accuracy ;)

Nobody argues against the good things expected to come with Libra (and other proposed currencies). Regulators and Central Banks, on the other hand, have a number of concerns and I'm equally convinced they are not all imaginary or based on untrue assumptions; most risks and downsides are probably real.

All it takes is to address each of those concerns with rational logic and actionable mitigation plans - rather than dismiss them as 'baby thrown out with the water' and (you didn't say it, but many think of it as)  'old school ignorance' or 'control-freakish dictatorship'.

Cool-headed rational persuasion with facts and science (financial, socio-economic and political science may be needed along with tech and maths) - have more chance to bring the matter forward and the bright future closer.

I am shocked, too, by the low levels nowadays casually accepted as 'normal'. Back in the 5 9s days there were always and everywhere readily available fallback options with 'analogue' (paper and manual work) alternatives in the back office and teller-populated brick-and-mortar branches for the consumer to walk into. With total digitalisation today (and, we try to say, the future is digital) availability averages and no 'analogue' plan B mean a totally paralysed financial ecosphere, and therefore - paralysed economy and society. This is major disaster or wartime air bombardment!

Imagine casually boarding a plane to your holiday destination with the airline telling you with a smile!) "It's OK, we have great performance - 90% of flights don't crash, welcome on board! :) "  Banks and bodies like OBIE are trying to persuade us we should be happy...

Also: can someone, please, explain these striking difference in claimed performance based on the very same (!!!) data source???

Halifax can't (and don't have to ) know everyone else's trademark designs and fine details of UI or collateral - but they SHOULD immediately FIRE their chosen agency for irresponsible negligence and sue them for reputatipn damages.