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You may want to check facts here. The graphic depicts an American Express card which begins with the number 3.

Visa's start with the number 4 and MC starts with 5.

I think you guys are both right. Fraud remains an issue and I would be curious to understand the chargeback/return process with The Home Depot stores. I think it would be worth a watch as they roll this thing out beyond the Silcon Valley test bed they've been playing in.

Not to mention that by the time everyone figures out how to cooperatively make a buck off the mobile ecosystem in such a way that consumers cannot live without, the saying will be:

Card, what card? I don need no stinkin card! What was I thinking? :-)

The whole chip/EMV migration in the US may continue as a compatibility accommodation for non-US issued EMV/chip cards. However, I suspect we'll be seeing the rise of mobile initiated transactions increase much faster. Could even fund the EMV/chip for what was that.... those card thingeys?

I'm just sayin......

I think this bit is somewhat misleading.

The USD $1 coins were originally mass-produced with the intention of replacing or displacing the US one dollar bill which does not last very long as the paper wears out quickly, relative to the metals in coins. It was an attempt at cost savings by the US Mint that did not work out as intended. The coins are cheaper to make and last longer than their paper equivalents.

However, the $1 coins proved to be an unsuitable and unpopular replacement for the one dollar bill and were not adopted by mainstream American public. Some/most did not like to carry the weight of all that coinage in their pockets! 

There has always been a collectors market for those interested in coins of all kinds, including those collecting the Presidents. That market has not changed with respect to this new decision by the US Mint.