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Topic: Apple CEO Tim Cook: “Your kids will not know what money is” - page 4. (Read 3548 times)

legendary
Activity: 2982
Merit: 1485
We rarely use physical cash already. The present is credit/debit cards and the future is money-based apps. Bitcoin has definitely a very good place in future but this CEO talks about their centralised money-based apps, so it's somehow irrelevant to Bitcoin technology.
sr. member
Activity: 294
Merit: 250
This ia too much..i dont think so, my kids or your kids will know about money on future,yes they know it on museum.. Grin lol
legendary
Activity: 1204
Merit: 1000
Everything is going to digital and it's true that future money will be only digits on the screens and not touchable, bitcoin is in the next turn.
legendary
Activity: 2184
Merit: 1012
That's interesting question. Because Tim is a person interested and biased with his apple pay. Near future for plastic money Grin
sr. member
Activity: 400
Merit: 250
Tim cook : your kids will not know what cock is. Yeah Pussy cook they will not.
legendary
Activity: 3248
Merit: 1070
no new type of payment can compete with bitcoin as long as it centralized, fully monitored and controlled as fuck, so no matter what they come up with, it will fail in comparison

it's up to the people now, understanding why bitcoin is superior to what they were accustomed for all this year
legendary
Activity: 1358
Merit: 1014
If our kids will not know what money is why are they introducing plastic bank notes? Most countries are planning to introduce them over the next few years because they last longer than paper money. Why put all that effort into designing and introducing them into circulation if all governments intend to get rid of paper money completely?

Well it's just a gradual and slow process. The plastic thing is just an intermediate step. Countries like denmark and other north european countries are close to getting rid of cash. Its the ultimate fate of every country to become 100% digital, so then you better pray that Bitcoin is widespread and people aren't stupid enough to use the centralized alternative.
sr. member
Activity: 341
Merit: 250
If our kids will not know what money is why are they introducing plastic bank notes? Most countries are planning to introduce them over the next few years because they last longer than paper money. Why put all that effort into designing and introducing them into circulation if all governments intend to get rid of paper money completely?
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
Apple is a ponzi and cook is a loser

This might as well be true, but to be such a successful ponzi and a loser, you still have to be heluva smart and have some insights into the future.

Everybody should listen to the Cook, the money and banks as we know them are history and everyone should be getting aware of this.

People load on those bitcoins while they are still dirt cheap, we are onto something here!
newbie
Activity: 44
Merit: 0
I'm glad that we have Bictoin to hide our activities from massive surveillance devices. Maybe gold and silver could be used too, but of course Bitcoin is by far easier.
legendary
Activity: 1358
Merit: 1000
In my opinion if bitcoin grows to attract an amount important of people, and they want, apple could put a bitcoin wallet inside apple pay.

Isnt it already possible  n thats how paypal has integrated it using the braintree,
legendary
Activity: 1470
Merit: 1001
In my opinion if bitcoin grows to attract an amount important of people, and they want, apple could put a bitcoin wallet inside apple pay.
legendary
Activity: 1848
Merit: 1000
Apple pay promotion nothing more although he has a point in that kids will never have to worry about physical cash in the future as everything will be online.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
Yes, he is talking about apple pay, and I agree with the original poster. If companies like apple are interested in creating a centralized currency system, they will surely try to stop, promote legislation etc. to stop decentralized ones. I do not think that they can really stop Bitcoin, but it does not hurt if Bitcoin goes even stronger for the ordeal to come.
legendary
Activity: 1512
Merit: 1012
Of course he says so, but probably not because he believes that cryptocurrencies will be the future. One's got to promote their services... Cheesy ATM cards and especially Apple Pay is what he's talking about, so no difference from current banking services.
hero member
Activity: 672
Merit: 503
http://dcebrief.com/apple-ceo-tim-cook-your-kids-will-not-know-what-money-is/

Of course he means paper money, as physical cash, coins and bills. If you know how to interpret things, you can already see where we are headed, and that's a world were there is no way to hide your money from a massive surveillance state. Bitcoin is our only hope at having an alternative economy that it's outside any goverment. The network is already robust enough to survive terrible attacks, nothing has worked against it thus far, not even trying to disrupt it from within, but we need to keep making it better, better obfuscation features as well.
I don't expect anything good from mega corporations like Apple and so on, so Bitcoin is our chance for an open source way out of that Orwellian nightmare.
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