Post
Topic
Board Economics
Re: "Apple Pay"
by
crazyALT47
on 26/09/2014, 04:46:42 UTC
I may be severly retarded. I've been reading for a while now about apple pay and it still makes no sense to me. Can't grasp the concept. Can anyone explain me in layman terms and how does it correlate with bitcoin in any way?
In theory, when bitcoin has a higher level of consumer adoption, people will be using their smart phones to make everyday purchases via their bitcoin app and QR codes. Apple pay allows for people to pay for things with their smart phone via their credit card