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Topic: Apple Pay and BTC - page 2. (Read 2091 times)

hero member
Activity: 686
Merit: 500
January 29, 2015, 02:49:33 AM
#16
Can you receive money with Apple Pay?

Bitcoin wins.
hero member
Activity: 765
Merit: 503
January 29, 2015, 01:05:02 AM
#15
Nearly every store in Australia has payway.  Tap your debit and credit card and move on.  Apple pay would be slower than this anyway.
newbie
Activity: 56
Merit: 0
January 29, 2015, 12:45:24 AM
#14
Apple pay just makes it easier to use your credit card right? Btc is very different/
legendary
Activity: 2912
Merit: 1852
January 29, 2015, 12:41:16 AM
#13
...

crazyearner and thompete !!

I tried that once at Starbucks, and got that priceless combination of befuddlement and "what planet are you from" look from the ignorant wanker...

And, alas, the cashiers at our only local supermarket are no better.  They take Apple Pay though.

*   *   *

Thank you to all of you above!  Although no expert, I am learning as fast as I can about Bitcoinistan™, and I do have a dog in this hunt.  Since my "cost basis" is still higher than BTC's current price, I guess I should buy some moar BTC.

And tuck 'em away in my Trezor and Ledger!

Smiley
legendary
Activity: 1820
Merit: 1001
January 28, 2015, 07:32:14 PM
#12
...

I heard on TV this morning that Apple had a huge quarter, selling LOTS of iPhones.  I also have been seeing retailers here-and-there accepting Apple's payment system.  Unfortunately I know nothing about Apple's new system

Apple's payment system seems to catching on!  What kind of risks does AAPL provide re Bitcoin's ecosystem?

Once one "new thing" catches on big, that first mover has a tremendous advantage.  First player advantage.  

Will BTC lose to Apple?

Whenever you see a merchant accepting apple pay, ask them if they accept bitcoin. If they say no, then walk away in front of them.
Do that every week . Wink

Id be more direct and say ok so your accepting apple pay, so you must hear do Bitcoin why not accept that and have less fess to worrie about and turn the chunk on and take a chunk out of apples book like MS did and give them an infomation pack good way to promote BTC too lol
full member
Activity: 224
Merit: 100
January 28, 2015, 07:12:31 PM
#11
...

I heard on TV this morning that Apple had a huge quarter, selling LOTS of iPhones.  I also have been seeing retailers here-and-there accepting Apple's payment system.  Unfortunately I know nothing about Apple's new system

Apple's payment system seems to catching on!  What kind of risks does AAPL provide re Bitcoin's ecosystem?

Once one "new thing" catches on big, that first mover has a tremendous advantage.  First player advantage.  

Will BTC lose to Apple?

Whenever you see a merchant accepting apple pay, ask them if they accept bitcoin. If they say no, then walk away in front of them.
Do that every week . Wink
legendary
Activity: 1820
Merit: 1001
January 28, 2015, 07:08:22 PM
#10
BTC will win apple pay will lose and adopt BTC payments no doubt in the future.
newbie
Activity: 42
Merit: 0
January 28, 2015, 06:13:44 PM
#9
This is like saying:
Now that the microwave has been invented, will everyone throw their stoves on the curb for the garbage man?

Apple Pay poses little to no thread to BTC whatsoever

haha, i like that, and share the same thoughts.

K.
sr. member
Activity: 448
Merit: 250
January 28, 2015, 05:45:22 PM
#8
This is like saying:
Now that the microwave has been invented, will everyone throw their stoves on the curb for the garbage man?

Apple Pay poses little to no thread to BTC whatsoever
newbie
Activity: 13
Merit: 0
January 28, 2015, 04:43:33 PM
#7
Oh, look, you can buy credit card numbers on the internet, scan them into ApplePay, and go on a spending spree with your phone. Whee!

Just another walled garden. A huge, successful, powerful walled garden...just like AOL was. Just another extra middleman workaround. Next battle is Alibaba versus Amazon, gee who do I think can give better prices, the middleman or the guy who actually manufactured the thing? It's about the end points.

AliPay is non-repudiable. They got refused a banking license in China however, a big political deal. China Mobile is putting RMB on a SIM card with global roaming. This stuff it gettin' real
newbie
Activity: 45
Merit: 0
January 28, 2015, 04:34:33 PM
#6
The first 1 into the market is not always an advantage. Often others will see the mistakes made by the first 1 and improve on it.
Remember Apple and Microsoft?
hero member
Activity: 644
Merit: 500
My goal is becaming a billionaire.
January 28, 2015, 04:25:09 PM
#5
...

I heard on TV this morning that Apple had a huge quarter, selling LOTS of iPhones.  I also have been seeing retailers here-and-there accepting Apple's payment system.  Unfortunately I know nothing about Apple's new system

Apple's payment system seems to catching on!  What kind of risks does AAPL provide re Bitcoin's ecosystem?

Once one "new thing" catches on big, that first mover has a tremendous advantage.  First player advantage.  

Will BTC lose to Apple?

Bitcoin wins ofcourse .
ApplePay is just another payment method to transfer money around and and it's centralized , It's far away from being a threat for Bitcoin.
sr. member
Activity: 324
Merit: 250
January 28, 2015, 04:23:15 PM
#4
Will BTC lose to Apple?

They're both payment processors but also completely different. Apple pay is just another way to transact fiat and is centralized whereas bitcoin is decentralized and a revolutionary system all by itself. Sure, applepay may have many more users but that's not the point and bitcoin has many other benefits than just being a payment processor.
legendary
Activity: 4060
Merit: 1303
January 28, 2015, 03:49:02 PM
#3
ApplePay uses NFC (http://en.wikipedia.org/wiki/Near_field_communication).  Some Android phones have NFC, various credit cards, smart cards etc also have NFC.  ApplePay is roughly just scanning your credit card into your phone, then using NFC to share a different pseudo-credit-card-number with another NFC device at checkout, for example.  This protects your real number so even if a store's systems are hacked, they can't use your number.

You could use a bitcoin wallet App to share keys over NFC to spend bitcoin (depending  on the device, whether the NFC API was public etc) whether the merchant accepted bitcoin etc.

Apple Pay is essentially Apple's branding of NFC with their software to protect your credit card info. (Debit too, iirc).

Here is a bit more:
http://www.cnet.com/how-to/how-nfc-works-and-mobile-payments/
sr. member
Activity: 381
Merit: 250
January 28, 2015, 03:27:19 PM
#2
...

I heard on TV this morning that Apple had a huge quarter, selling LOTS of iPhones.  I also have been seeing retailers here-and-there accepting Apple's payment system.  Unfortunately I know nothing about Apple's new system

Apple's payment system seems to catching on!  What kind of risks does AAPL provide re Bitcoin's ecosystem?

Once one "new thing" catches on big, that first mover has a tremendous advantage.  First player advantage.  

Will BTC lose to Apple?

I think Apple pay will remain for awhile but not pose a single threat to Bitcoin.

Every computer I have at my house can run Bitcoin, all my phones, tablets etc. Only iPhones/iPads and Mac computers will be able to use Apple pay.

Bitcoin is open source, which means it will run on any device in the future which has specifications sufficient. For Apple pay to catch on everyone will need to adapt to using apples quickly aging devices, when was the last time their phones innovated?

I think Android device adoption is higher than iOS which means the majority of all handheld devices will not be able to use Apple pay. Why would vendors/investors and the likes build any infrastructure that cant be used by everyone in the world.
legendary
Activity: 2912
Merit: 1852
January 28, 2015, 02:34:09 PM
#1
...

I heard on TV this morning that Apple had a huge quarter, selling LOTS of iPhones.  I also have been seeing retailers here-and-there accepting Apple's payment system.  Unfortunately I know nothing about Apple's new system

Apple's payment system seems to catching on!  What kind of risks does AAPL provide re Bitcoin's ecosystem?

Once one "new thing" catches on big, that first mover has a tremendous advantage.  First player advantage.  

Will BTC lose to Apple?
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