Bitcoin via SMS is here

A new service hopes to bring mobile bitcoin payments to the masses. The service, called Bits, has already demonstrated bitcoin payments made via text message from one mobile phone to another. Conceived by Cody Burns, who was a front-end software developer at COG1, a San Francisco-based web and mobile app company, Bits enables payments via SMS, QR codes or tapping together phones with near-field communications (NFC) capabilities. The company promises "almost zero fees" for making and receiving payments, and says payments should be processed in under 10 minutes. This isn't the only service....