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Topic: Apple files "iMoney" patent for virtual currency... (Read 483 times)

full member
Activity: 229
Merit: 100
This looks very different from bitcoin.  Centralized credit system rather than decentralized monetary system.  Apple can create and destroy credits on this system at will, but most likely will have them reflect dollars or other fiat currencies.

hmmm... wonder if this is related to the current drop in BTC.

I don't think so , prolly drops because lot people selling their bitcoins to buy new asic miners
legendary
Activity: 868
Merit: 1000
Cryptotalk.org - Get paid for every post!
This looks very different from bitcoin.  Centralized credit system rather than decentralized monetary system.  Apple can create and destroy credits on this system at will, but most likely will have them reflect dollars or other fiat currencies.

hmmm... wonder if this is related to the current drop in BTC.
jr. member
Activity: 57
Merit: 27
This looks very different from bitcoin.  Centralized credit system rather than decentralized monetary system.  Apple can create and destroy credits on this system at will, but most likely will have them reflect dollars or other fiat currencies.
newbie
Activity: 14
Merit: 0
Its obvious they are talkin about bitcoin
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