. 
Topic: 2015-01-21 CA-Apple Pay Is No Direct Competitor for Bitcoin (Read 504 times)
I think you can argue they are competitors, but they are completely different ultimately. Applepay is just another fiat payment processor whereas bitcoin is a new, revolutionary and independent way of paying for things and owning wealth... as well as also being a payment processor .
. 
http://www.cryptoarticles.com/crypto-news/apple-pay-is-no-direct-competitor-for-bitcoin-due-to-hidden-transaction-costs
When Apple made their original Apple Pay announcement, a lot of people saw the road being paved for Bitcoin integration at some stage. However, several Bitcoin enthusiasts looked things more skeptically, as Apple Pay could very well become a major Bitcoin competitor. For those of you who are still on the fence, have no fear, as Apple Pay will not be a Bitcoin competitor any time soon, as the service might actually make the current financial system even worse.
When Apple made their original Apple Pay announcement, a lot of people saw the road being paved for Bitcoin integration at some stage. However, several Bitcoin enthusiasts looked things more skeptically, as Apple Pay could very well become a major Bitcoin competitor. For those of you who are still on the fence, have no fear, as Apple Pay will not be a Bitcoin competitor any time soon, as the service might actually make the current financial system even worse.
Jump to: