iRing : The End of iPhone Theft

After watching Eric Li's TED talk, I remembered something Condi Rice said on the Tonight Show a few years ago - something about, if America wasn't the dominant power, there would be a lot less compassion in the world; I don't see people wanting to migrate to China. And, now, a few years later, I've actually heard an American woman say she wants to move to China and start a company - not for any ideological reason but because it's the thing to do these days.

Anyway, back to the subject. Before I posted this, I wanted to see who had already thought about this one. Great minds think great things, but not necessarily alike.

My friend took her iPhone with her to the apartment complex pool party and got robbed. Think, how nice it would be if you could wear a ring that gives you a mild electric shock when someone moves your iPhone, and then you press two buttons on the ring simultaneously, and the phone immediately, silently (!!) calls 911. Inspite of having insurance, she had to pay $160 to Verizon to get it replaced.

In their last developer conference Craig Federation of Apple made a big deal of how a thief will not be able to use an iPhone with IOS7. Duh - who wants to use it? Where do you think the repair shops at the mall that can fix your broken iPhone screens are getting the screens from? Wonder if there really is iPhone aftermarket parts industry.

Panda Poker

Panda Express' internet access was down today, so they couldn't take credit or debit cards. Luckily, I had cash. Bill came to $7.10. Sorry, I says, I only have 7 - is that okay - but I have a credit card..

It's okay. I had 8 - my backup was - just kidding. Anyway, bluff worked.

Then I thought, most people in the store have smartphones. How about an app that lets you use your phone and your data connection to pay your tab? I guess AAPL lets you do that in their store - maybe WMT too.. How about without tying you into a chain's app? Maybe that's what bitcoin is all about?