Topic: [2014-10-11] CD: Why Apple Pay Is a Threat to Bitcoin (Read 2116 times)
Why does Coindesk spread so much FUD? What a stupid article.
I don't see it as a 'war' at all. They are entirely different beasts. Apple Pay is like a new feature of the incumbent payments/banking system. Bitcoin/blockchain is a new protocol from which a thousand new industries may blossom. Having said that, Apple is in fact helping to legitimise Bitcoin as a valid option (ok maybe not fact, just my opinion).
Why Apple Pay Is a Threat to Bitcoin
http://www.coindesk.com/apple-pay-threat-bitcoin/
Pretty strong statements in the article.
Apple Pay isn’t even here yet and, arguably, it’s already winning the war against bitcoin.
...
So if the bitcoin industry really wants to take on Apple Pay, it has to reinvent itself. Make itself friendly. Market itself to people so technologically ignorant that they’re one step away from microwaving their iPhones. That’s a difficult task to pull off.
http://www.coindesk.com/apple-pay-threat-bitcoin/
Pretty strong statements in the article.
Apple Pay isn’t even here yet and, arguably, it’s already winning the war against bitcoin.
...
So if the bitcoin industry really wants to take on Apple Pay, it has to reinvent itself. Make itself friendly. Market itself to people so technologically ignorant that they’re one step away from microwaving their iPhones. That’s a difficult task to pull off.
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