No. Apple pay doesn't make bitcoin less usable.

LOL NO! Lets be serious now:

- Apple Pay is a payment gateway that has authorized ITSELF to being the secure point between you and the merchant (-1) - our problem is with nsa contract that are with apple, google etc not the fish and store shop down the road. VS. Bitcoin is like the entire internet, it is not a payment gateway.

- Apple Pay removes personal security by passing your fingerprints to their servers for every transaction and require your prints for EVER transaction. VS. Bitcoin never has and never will ask for any personal information, just your private key. The rest are made by the developers that ask for these details and you should stay away from them.

- Apple Pay has the same security issues as iCloud and iTunes (as they were too hacked - celebrity photos situation) VS. Bitcoin has had 0% security breaches since its launch in 2009.

- Bitcoin offers side-chain technologies and a LOT more services that are yet to come which are in the orders of magnitude compared to what Apple Pay is offering.


<3 Bitcoin for life

So we should trust Apple a company that has no business in the financial sector to hold our personal payment information and monitor all the payments made on Apple Pay so they can prevent a hack that is caused by a flaw in the system to begin with?




I am not sure what to make of it, but if people keep falling for these idiotic applications rather than real solutions that for example Bitcoin offers then we are going to be in a lot of trouble.

I can see the benefits of Apple Pay and such but to me the cost and consequence is not worthy of the benefit. We can do without. This is based on what has been occurring in terms of personal privacy.

Apple Pay is merely a payment gateway as i said and I agree that it cannot be compared to Bitcoin at all as it attempts to solve a completely different issue. Where as Bitcoin offers to solve that and many more issues.

Cheers

Nah, bitcoin is not only for 'paying' things, apple pay is.

Can we trust apple with this kind of sensitive information? Probably, although there is a security risk as they would make an attractive target to hackers.

Does apple pay give any advantage over credit cards? Yes, but a very small one. The advantage will be that banks will have less costs associated with breaches similar to target and home depot, which I do not think is very large. It does however open up the possibility of additional fraud as people could steal a iPhone, then use the passcode (not a fingerprint) to change the fingerprints that authorize a transaction.

Does apple pay have any advantage over Bitcoin? No.

If only there were a higher resolution time series. Then we could see the Bitcoin cart vary wildly between booms and busts.

Yummy


Exactly it still uses the centralised currency which is printed at will

Its a threat because Apple already has millions of loyal minions who are obsessed with their products.  If they can get these people to start using apple Pay right now they wont want to switch over to using bitcoins.

LOL very interesting comparison but this is not true any more.
Value of bitcoin has fallen heavily since the beginning of the year and still we can't see the end of this trend.
Bitcoin still didn't become mainstream, and its value is very unstable.
So, yes, Apple pay can be a threat to Bitcoin.

it's not a threat at all. east-european scammers will stay loyal to bitcoin because bitcoin is more than only an inconvenient payment method and "heard i can get rich here" scheme.