Topic: [2014-09-10] CNBC: Is Apple Pay a bitcoin killer? (Read 2020 times)
Unfortunately, the better analogy is probably that Napster was replaced by both iTunes and BitTorrent with subsequent far more downloads occurring on iTunes (Apple Pay?) per minute than BitTorrent (Bitcoin?).
http://www.cnbc.com/id/101988826
True.
Not comparable this way.
Quote
The decentralized Bitcoin network is more efficient, cheaper and secure than Apple Pay and eventually should be embraced by the consumer.
True.
Quote
However, just like digital music needed the evolutionary step from Napster to iTunes, so, too, do digital currencies need this move by Apple.
Not comparable this way.
Obviously the correct comparison is Napster giving way to Torrent. Now we have centralized digital money, like Apple Pay, Liberty Dollars, and eGold giving way to Bitcoin. That is a perfect comparison in every single way.
http://www.cnbc.com/id/101988826
True.
Not comparable this way.
Quote
The decentralized Bitcoin network is more efficient, cheaper and secure than Apple Pay and eventually should be embraced by the consumer.
True.
Quote
However, just like digital music needed the evolutionary step from Napster to iTunes, so, too, do digital currencies need this move by Apple.
Not comparable this way.
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