(Audio) OneBit App to Revolutionize the Bitcoin Market: Interview with OneBit CEO Toby Hoenisch

Journalist:
P. H. Madore @bitillionaire
April 26, 2015

OneBit is an app for smartphones which promises to revolutionize the Bitcoin market in the near future. As previously reported here, the app will allow its users to use their Bitcoin anywhere that Mastercard PayPass is accepted. PayPass is the NFC (near-field communication) version of Mastercard, which doesn’t require the user to swipe the card.

There are security risks associated with NFC and this is discussed, among other things, in the following interview. CCN writer P. H. Madore caught up with OneBit CEO Toby Hoenisch not long ago and discussed the future of Bitcoin, the effects of merchant adoption the Bitcoin price, and how exactly Hoenisch’s firm made OneBit happen.

Are you excited about OneBit? Think it’s a bad idea? Share above and comment below!

Tags: mastercard
P. H. Madore @bitillionaire

P. H. Madore has written for CCN since 2014. Please send breaking news tips or requests for investigation to bitillionaire+phm@gmail.com. He lives in Maine, USA. A single father of four young children, he does not discourage financial donations, provided they do not come with strings attached.