Quote from: Harry Callahan on April 12, 2017, 11:17:07 PM

Quote from: HCP on April 12, 2017, 04:53:15 AM

except that Apple Pay doesn't cost you $1 every time you use it and doesn't take 10+ minutes (or possibly hours) for your payment to process.... what merchant is going to let you walk out of a shop with $20 worth of goods hoping the payment will go through sometime in the next hour or so?
On the other hand, Apple Pay is also centralised and doesn't provide even pseudo anonymity.
Bitcoin is fast moving away from being a viable solution for every day payments toward being useful only as a method of storing wealth. It is likely to get even further away in the future as block rewards get halved and transaction fees increase even more.
The days of shifting bitcoins around for pennies are long gone... unless you want to wait.

Even for bitcoin transaction you need not shell out $1 for every transaction, hope there will be lightning network in the future and i do not consider bitcoin as a currency that can be used on a daily basis instead i do consider it as an asset class with other capabilities if there are changes in the transaction speed then i might change my views.

Agree, bitcoin is not currency: it is investment.