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Topic: Is Chase QuickPay a threat to Bitcoin? (Read 1218 times)

legendary
Activity: 1061
Merit: 1001
sr. member
Activity: 252
Merit: 250
October 12, 2014, 06:03:33 PM
#10
can I buy drugs with quickpay
hero member
Activity: 658
Merit: 500
October 12, 2014, 05:51:28 PM
#9
Not of course  Roll Eyes
Simple as chicken ass  Grin
full member
Activity: 151
Merit: 100
October 12, 2014, 05:44:05 PM
#8
chase quickpay is still using FIAT.... i guess when you learn bitcoin is not about FAST transactions, and is more about the other 99 benefits bitcoin has. you will see chase quickpay and applepay are not competing. but could actually help people get into bitcoin faster (within 5 minutes as oppose to 3-5 days).

imagine the arbitrage opportunities if you could move funds between exchanges in seconds-minutes as oppose to days-week
The fact that chase quickpay uses Fiat does not matter. The fact that a quickpay is able to be reversed and is "controlled" by chase is the important fact.

I believe that quickpay transactions are actually provisionally available right away to the receiver however the receiver remains to have a risk of the payment being disputed in the future
full member
Activity: 183
Merit: 100
October 12, 2014, 12:52:17 PM
#7
No.

Chase QuickPay is a threat to paypal as is is very similar to paypal and is a competitor to paypal. It is also similarly reversible and relies on a central authority (chase) to keep track of your balance
sr. member
Activity: 534
Merit: 250
The Protocol for the Audience Economy
October 12, 2014, 12:50:50 PM
#6
Is my company's private intranet a threat to the HTTP protocol?

No it is not.

Brilliant +1

The truth is none of these can imagine doing what bitcoin can do, otherwise they would have done it Smiley
legendary
Activity: 4396
Merit: 4755
October 12, 2014, 12:25:39 PM
#5
Also take into consideration the chargeback risks associated with quickpay. easy pass.
99
98 reasons, anyone else want to countdown all reasons bitcoin is better
newbie
Activity: 56
Merit: 0
October 12, 2014, 12:13:26 PM
#4
Also take into consideration the chargeback risks associated with quickpay. easy pass.
legendary
Activity: 4396
Merit: 4755
October 12, 2014, 12:03:03 PM
#3
chase quickpay is still using FIAT.... i guess when you learn bitcoin is not about FAST transactions, and is more about the other 99 benefits bitcoin has. you will see chase quickpay and applepay are not competing. but could actually help people get into bitcoin faster (within 5 minutes as oppose to 3-5 days).

imagine the arbitrage opportunities if you could move funds between exchanges in seconds-minutes as oppose to days-week
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
October 12, 2014, 11:47:56 AM
#2
Is my company's private intranet a threat to the HTTP protocol?

No it is not.
newbie
Activity: 12
Merit: 0
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