Author

Topic: Metamask allows customers of Applepay to purchase Bitcoin & other cryptocurrency (Read 188 times)

legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
As reported by @ratimov in this post, Metamask will allow for bitcoin transactions via Web3 applications:
https://bitcointalksearch.org/topic/--5394719
But it won't be available through their main application but using another called Flask.
https://www.youtube.com/watch?v=oxkmissJbiM

Interesting development how this all coincides with the purchasing and now integration of bitcoin into their platform.
Not sure if their btcsnaps will be a competitor to the lightning network.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
How many people use apple pay ?
More than 65 million and this stats is of 2020 according to google.
How widely accepted is apple pay?
More and 85% sellers and merchants accept apple pay in US!!
Which does mean that apple pay allowing cryptocurrencies like bitcoins to be brought is no small move at all. This would enhance the overall capacity of the market to integrate more wide variety of customers making it better and integrating it with other systems as well, this also extends to show the support of apple in regards to Bitcoins and other cryptocurrencies.
Now if Apple announces they hold BTC during the Miami bitcoin conference, which officially starts tomorrow (they are doing some promo stuff for the day right now) then this will cause this to be alot more relevant for the use of using Applepay for purchasing BTC.
Promos ? What kinds?
I think apple might try and open their online store as well to sell Bitcoins and Altcoins personally and we might soon see an apple wallet.
There are online stores as well who accepts Bitcoins as payments for the apple products as well, this industry is getting more and more integrated. Promos might attract a lot of people but it would also be noted that people would be easy to track as well.
It's called their Industry day right before the main event of the conference kicks off.
It can be viewed live here and then you can replay it once the festivities conclude for the day:
https://www.youtube.com/watch?v=P-8IjYWIfKw
hero member
Activity: 1890
Merit: 831
How many people use apple pay ?
More than 65 million and this stats is of 2020 according to google.
How widely accepted is apple pay?
More and 85% sellers and merchants accept apple pay in US!!
Which does mean that apple pay allowing cryptocurrencies like bitcoins to be brought is no small move at all. This would enhance the overall capacity of the market to integrate more wide variety of customers making it better and integrating it with other systems as well, this also extends to show the support of apple in regards to Bitcoins and other cryptocurrencies.
Now if Apple announces they hold BTC during the Miami bitcoin conference, which officially starts tomorrow (they are doing some promo stuff for the day right now) then this will cause this to be alot more relevant for the use of using Applepay for purchasing BTC.
Promos ? What kinds?
I think apple might try and open their online store as well to sell Bitcoins and Altcoins personally and we might soon see an apple wallet.
There are online stores as well who accepts Bitcoins as payments for the apple products as well, this industry is getting more and more integrated. Promos might attract a lot of people but it would also be noted that people would be easy to track as well.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Now if Apple announces they hold BTC during the Miami bitcoin conference, which officially starts tomorrow (they are doing some promo stuff for the day right now) then this will cause this to be alot more relevant for the use of using Applepay for purchasing BTC.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
Nevertheless,
This will put bitcoin and other cryptocurrenies in a promising position to make it more widely accepted and for massive mainstream adoption.
Without needing to go through services such as bitpay & coinbase to make a purchase using such methods for off boarding your coins.
Like in the past:
https://appleinsider.com/articles/21/08/06/apple-pay-users-can-now-buy-cryptocurrency-with-coinbase
https://www.macrumors.com/2021/08/06/coinbase-buy-crypto-apple-pay
hero member
Activity: 3080
Merit: 603
I've seen the good news first with Applepay that can purchase crypto not specific to Metamask. Now, Metamask has this option and it's a good news for Applepay users.
$400 is quite big already if it's per day limit. The good thing here is that, those doubters that are users of Applepay now have the idea that buying crypto, owning crypto is a real thing.
It make really things even more accessible and comfortable specially for Apple users and its good on having that $400 daily limit which it would really be sufficient.
This is indeed a great news and we do even need more something like this where payment processors would integrate crypto option which would
make things even more simpler on various ways.
Yes, that limit isn't a problem. Those Apple users that are curious, they can test it out and that limit is good if they want to maximize it. But it's okay if they don't want to.

It is more of an Applepay thing and not necessarily about metamask, that is why this thread was moved to Altcoins discussion board I would imagine.
It's now moved to Service Discussion(Altcoins).

He could possibly be ahead of Bezos and Musk to the title of the most richest person alive.
There's now a race on it but I still believe that it's going to be CZ than him.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
It is more of an Applepay thing and not necessarily about metamask, that is why this thread was moved to Altcoins discussion board I would imagine.
But anyways, there is some news progressing about it from the most recent tweets below that is very bullish signals for bitcoin and cryptocurrenies as a whole.


https://twitter.com/BTC_Archive/status/1509198510880702470
He owns $7bln in BTC so could this make him the world's first trillionaire if this onboarding does indeed take off for millions who use applepay already?
https://www.foxbusiness.com/lifestyle/how-many-trillionaires-are-there-in-the-world

He could possibly be ahead of Bezos and Musk to the title of the most richest person alive.
legendary
Activity: 3094
Merit: 1127
I've seen the good news first with Applepay that can purchase crypto not specific to Metamask. Now, Metamask has this option and it's a good news for Applepay users.
$400 is quite big already if it's per day limit. The good thing here is that, those doubters that are users of Applepay now have the idea that buying crypto, owning crypto is a real thing.
It make really things even more accessible and comfortable specially for Apple users and its good on having that $400 daily limit which it would really be sufficient.
This is indeed a great news and we do even need more something like this where payment processors would integrate crypto option which would
make things even more simpler on various ways.
hero member
Activity: 3080
Merit: 603
I've seen the good news first with Applepay that can purchase crypto not specific to Metamask. Now, Metamask has this option and it's a good news for Applepay users.
$400 is quite big already if it's per day limit. The good thing here is that, those doubters that are users of Applepay now have the idea that buying crypto, owning crypto is a real thing.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
$400 is a good place to start from too. I've seen people make investments based on things they've bought irl (like if you invest the same cost of a meal for example just to experiment with it). Or people that go with investing a fixed amount of $5-100.
legendary
Activity: 2828
Merit: 1497
Join the world-leading crypto sportsbook NOW!
This is some pretty big news for apple customers who use's their payment platform applepay.
https://gadgets360.com/cryptocurrency/news/metamask-apple-pay-ios-wallet-support-buy-crypto-debit-credit-cards-2852228


https://twitter.com/MetaMask/status/1508580273868353537

Only issue I see is they instated a daily limit of $400usd.
Which doesn't seem too much but they might increase this as usage grows since it is a sort of a way for onboarding new customers for purchasing crypto.
Jump to: