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Jason Moser: It’s Monday, November 30th. I’m your host Jason Moser, and on this week’s Financial show we’re going to talk about some recent crypto-related news from some of our payments companies, including PayPal and Square. For Rob LoCascio, I’m Jason Moser, thanks for listening and we’ll see you next week. I don’t necessarily see it as a mainstream big revenue source for PayPal, but for cryptocurrency as an industry it could be a gamechanger. So, this could be a huge needle-mover for, one, mainstream adoption of cryptocurrency. One, it’s very volatile. EHarmony made a business decision when it filed for the patent. It is rumored to be either a 9-0 or 8-1 decision denying Bilski a patent. I do want to say that, like, a lot of our differentiation is in the agility and the ease of use of the product here that we can help our customers get results really, really quick, that we can help them change really, really quick, that we can — that nothing that they put in front of themselves that we cannot solve and help them get results. I’d be willing to bet that a lot of people that are speculating in that market, don’t really understand exactly how it works.
Moser: Yeah, fascinating, fascinating market, and we’ll talk a little bit more about digital currency later on the show as we jump into the listener question, but first let’s talk a little bit about something we’ve talked about a lot this year, and something specifically we’ve talked about in regard to an article that you’ve written, some companies that you’ve really been focused on here, we’ve been talking a lot about the retail space, particularly the physical retail space, bricks-and-mortar places where people have to actually go physically. That could be huge for the currency. As IoT becomes more ingrained in daily life, marketers will undoubtedly tap this technology even more to interact with customers. These threats can be malware that the customers have installed on their device, unknowingly, or wifi network. I have news. Finishing projects doesn’t prevent leeches from patenting broad descriptions of those projects so that all my time ends up being wasted and I have little motivation to keep working for the next 20 years in that area where I made those investments already. Alex Spinelli, Global CTO Imagine sitting at the ballpark and being able to order a beer directly to your seat just by sending a text message.
“Wow, we had butler robots and we had automatic toasters, but who would have thought of putting the toaster on the robot to facilitate a breakfast robot! But if that’s the big use case, then who cares if you can use it at PayPal’s merchants, if it’s just a store of value. ASC 718-10 requires measurement of the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award (with limited exceptions). So, if you have something that is limited in supply, that obviously will make a difference. Things have started to maybe turn a corner a little bit, we’ve got some interesting data here over the weekend in regard to Black Friday. Now that is coupled with online spending on Black Friday surging 21.6% to reach a record high. Traffic at stores on Black Friday fell by 52.1% compared with last year.