BTC is better than Apple Pay? - page 3.

chennan

legendary

Activity: 1316

Merit: 1004

In terms of adoption to these two products, the ppl are tending to trust Apple who hold creditability in the usability and scurity of its products from them rather than BTC. PPL read too much negative news from the media.

jsgayo

sr. member

Activity: 476

Merit: 250

Quote from: redsn0w on October 19, 2014, 02:34:13 PM

however bitcoin is a peer-to-peer electronic cash system ... what is applePay ? It is only a NFC payment system Roll Eyes

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BTC is better.OK

bbit

legendary

Activity: 1330

Merit: 1000

Bitcoin

Quote from: odolvlobo on October 19, 2014, 02:17:50 PM

Quote from: hsz on October 19, 2014, 02:12:47 PM

Marc Andreessen （the header of Andreessen Horowitz）think BTC is better than Apple Pay. How do you think about it?

I don't trust Apple with my credit card information any more than I trust Home Depot, Target, JP Morgan Chase, or Kmart.

Pretty much agree with this ^^ . I just don't trust people with my cc.

MichaelBliss

hero member

Activity: 526

Merit: 500

Absolutely. It's decentralized, and also importantly: not an Apple product!
I don't think you can compare the two, though I know everyone is.

Window2Wall

full member

Activity: 191

Merit: 100

Quote from: odolvlobo on October 19, 2014, 02:17:50 PM

Quote from: hsz on October 19, 2014, 02:12:47 PM

Marc Andreessen （the header of Andreessen Horowitz）think BTC is better than Apple Pay. How do you think about it?

I don't trust Apple with my credit card information any more than I trust Home Depot, Target, JP Morgan Chase, or Kmart.

Well JP Morgan will actually be the entity that would create your credit card information (LOL). Although the data breaches associated with all of the above companies were certainly annoying and inconvenient, they did not cause any actual financial harm to any consumers as consumers are not liable for any unauthorized transactions on their credit card. I personally think you should be fine entrusting your credit card information with apple.

The problem with apple pay vs bitcoin is that you have much higher fees (via CC processing fees that will be passed onto you) when you pay via apple pay while you would only pay ~$.04 when you pay with bitcoin

Beliathon

hero member

Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

The answer is they are not even comparable. This is like asking if your company's private intranet is a threat to the HTTP protocol. It's laughable, really. The two are not even in the same league.