Topic: BTC is better than Apple Pay? (Read 3747 times)

But i think, the ease to use them is the most crucial thing that BTC system still need to resolve.
don't mean to compare, but see the OS battle, every store owner still uses 'that' OS instead of that one which is open sourced and which should has better things.

My own experience, before i know how to use BTC, i need to know so much technical term (keys, wallet, blockchain, offline, cold storage, signing, address etc..) they are overwhelming at first, and may presents some 'obstacle'. Yes, there are services who make it easy for merchants to receive the bits, but i do hope that the store owners will not always directly exchange them to fiat currency

There are a lot of people who have a lot of problems with apple. The fact that apple is such a large company, there are a lot of opportunities to create negative customer experiences. This is not possible with the decentralized nature of bitcoin

Bitcoin is a really new payment system,while the Applepay is the one built on the old payment.

I would say that it is a way to get more people to upgrade to the iPhone 6 then what would otherwise upgrade. The fact that the iPhones are proving to last longer then apple anticipated, owners of the iPhone have little other reason to upgrade other then apple pay

I'm not sure why you're responding to me. I was posting to Eisenhower34, who said, "If this situation applies to you then you will likely not have money to buy bitcoin in the first place."

I was pointing out to them you don't need to buy Bitcoins to have them and use them.

I think Apple Pay (even though I use apple products) is just another corporate scheme to make money off peoples laziness or ignorance. Most likely the latter.

The both are not comparable.

Apple is my favorite brand, I can't believe my life without apple. So apple is best for me.

You can get and earn traditional fiat money just as easily online.
Apple pay is designed for people who have enough money for an iPhone and will likely be targeted to the more affluent crowd.
You are stating the obvious.

Apple’s decision to get involved in the payment processing industry will certainly have repercussions for Bitcoin.Apple is beating bitcoin in terms of the customer experience. Its ecosystem is exceedingly user friendly and customer focused.

Bitcoin is a transaction processing system (with its own currency). If you disagree, then please tell me the purpose of the block chain.

But one of the best things about Bitcoins is that you can work for them online, or sell things for them online. There is a a more clean-cut way of getting Bitcoins than trying to buy them straight out. My first Bitcoins (besides the minuscule amount of Satoshi from faucets) were from a graphic design job on here.

I found Bitcoins to be a lot easier to get then fiat money. Of course I needed internet first to find people who will pay in Bitcoins. But internet is a lot cheaper than an iPhone/service plan.

If someone doesn't want to use a credit card for personal reasons, or doesn't have money in the bank, but can work for Bitcoins, or sell products for Bitcoins, they are much easier to use.

As far as comparing them, I agree that Bitcoins are a currency and Apple Pay is not and it is silly to compare them in that light.

BTC is a currency, Apple Pay is a transaction processing system.They're incomparable.

For me the btc is definitely better than apple pay.

Simple, bitcoin is better. You know why? Because of the community it has created in this years. And because of this strong community bitcoin is not going fall to any threat.

If this situation applies to you then you will likely not have money to buy bitcoin in the first place. Generally speaking people without money in the bank have very little money/assets in the first place, and the marginal benefits of bitcoin would be very little to these people

EDIT: as mentioned above, it is a good point that if you do not have money in the bank you will likely not have the means to buy an iPhone in the first place

That is right. How can you get an iphone if you do not have the money in the first place.

Of course it is better than Apple Pay.
There are many kinks to workout with Apple Pay as it is Apple; they don't test prior to release...

If you do not have credit card or money in the bank, BTC is better than Apple Pay.

https://www.cryptocoinsnews.com/applepay-double-spends-users-money-bitcoin-user-not-affected/

ApplePay Double Spends Users’ Money: Bitcoin User Not Affected

Earlier this week, Apple’s new mobile NFC payment network, ApplePay, went live. From its first few days of life, huge issues are already popping up regarding ApplePay’s security. Multiple users are reporting that using ApplePay has resulted in duplicate charges to their bank statement. CNN Money’s Samuel Burke found out about the double spends after forgoing a card swipe and using ApplePay at several merchants:

    I logged into my debit card account and found that I was charged twice for every purchase I made with ApplePay. A quick search on Twitter found other people with the same problem.

For security’s sake, Apple doesn’t keep any identifiable data for transactions, this means that this automatic error that has effected so many ApplePay users can’t be changed by Apple. Of course, Burke went to customer service at both Apple and Bank of America and was unsurprisingly directed from one to the other again and again. Burke was able to get the transactions reversed by his bank, Bank of America, only after an hour on the phone in a three-way call with both Apple and Bank of America. The money was charged twice by the merchant paid with ApplePay, meaning the issue is most certainly on Apple’s end. The issue seems to be isolated to users using ApplePay in conjunction with their Bank of America Debit Card, a very common occurrence. Burke heard from a source that Apple would be fixing this issue with their banking partner, and likely API, today on Wednesday. Apple declined to comment on the issue.