Apple Pay vs Bitcoins - page 5. | Bitcointalksearch.org

n691309

legendary

Activity: 1526

Merit: 1001

Quote from: Doamader on October 06, 2016, 05:06:52 PM

Quote from: n691309 on October 06, 2016, 04:48:22 PM

Quote from: dreamer81 on October 06, 2016, 02:22:29 PM

When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

Do you want a perfect combination? Link your bitcoin debit card with you apple pay account and you can easily spend the bitcoins in 2 seconds if you want, of course maybe there will be a very small fee but i think it worth.

The big issue around those debit card is the fee that i believe is high, besides that you will need to have some coins to be able to go shopping with such card, i had heard some stories about people using a debit card anywhere, using their bitcoins balance to pay merchants, this is the future for sure.

Basically using these bitcoin debit cards in POS usually doesn't have any limit and any fee, but what we can't expect is the exchange rate btc to usd which here the company can get most of their profit.

Doamader

hero member

Activity: 756

Merit: 501

Quote from: n691309 on October 06, 2016, 04:48:22 PM

Quote from: dreamer81 on October 06, 2016, 02:22:29 PM

When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

Do you want a perfect combination? Link your bitcoin debit card with you apple pay account and you can easily spend the bitcoins in 2 seconds if you want, of course maybe there will be a very small fee but i think it worth.

The big issue around those debit card is the fee that i believe is high, besides that you will need to have some coins to be able to go shopping with such card, i had heard some stories about people using a debit card anywhere, using their bitcoins balance to pay merchants, this is the future for sure.

n691309

legendary

Activity: 1526

Merit: 1001

Quote from: dreamer81 on October 06, 2016, 02:22:29 PM

When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

Do you want a perfect combination? Link your bitcoin debit card with you apple pay account and you can easily spend the bitcoins in 2 seconds if you want, of course maybe there will be a very small fee but i think it worth.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Oh well, none of these two methods have yet been implemented in my country shops/stores Grin

Never heard of Apple Pay (moreover I dont like Apple products - too costly) but I have heard of bitcoin and hence I am willing to use that method.
However payment gateways available in my country can transact within 2 minutes with all said procedures as long as the internet is fast enough.

Bitcoin can also transact faster with high mining fees. However this is not worth it since you are wasting money.
So technically bitcoin does not stand any chance. However people still use it and the reason is that people trust it more than others - though in my country its not very popular.

dreamer81

sr. member

Activity: 616

Merit: 252

When you go into a store and want to buy goods. You can either wave your apple watch og iphone at a terminal at the register. It will take you around - 3 seconds.

Or you can pull out your smartphone. Log into your wallet. Scan someones 2D bitcoin code. Send them some bitcoins, wait for the transaction to be verified, and then take your goods and go.. total time 10mins +

Can someone tell me how bitcoins will ever stand a chance?

Topic: Apple Pay vs Bitcoins - page 5. (Read 2895 times)