We've had troops in Iraq for almost as long as we had troops in Europe up until the point of V-E Day.

NPR: Scoring the War in Iraq: Who's Winning?

As Jacobson points out, the mobile commerce ecosystem includes payment processing network companies such as Mastercard (MA), Visa (V) and American Express (AXP) as well as point-of sale (POS) equipment companies like VeriFone (PAY) and NCR Corp. (NCR), which should help alleviate privacy and security concerns.

FORBES: Watching VeriFone as Mobile Payments Explode