Quote from: keewee on October 13, 2014, 09:58:48 PM

Quote from: vuduchyld on October 13, 2014, 09:55:39 PM

Quote from: mrkavasaki on October 13, 2014, 09:50:08 PM

for all who have not read it yet
http://www.coindesk.com/apple-pay-threat-bitcoin/

$10 incoming!! Grin

Gotta say, that article seems incredibly misguided to me.

I think BTC might have issues with confirmation time right now that prevent a ton of in-store user adoption, but the long-term important advantage that BTC has, in my view, is transaction cost. Apple isn't going to reduce transaction cost one iota for anybody in the chain, from what I can tell, but somebody pleae correct me if I am wrong.

For ordering online for next-day ship, fo airline tickets, for anything that doesn't require immediate change-of-possession, there is a 4%+ advantage to using BTC.

I just wish somebody would integrate a BTC wallet with gasoline pumps and come up with a way for me to put gas in my car while saving that 4%+, then split that savings with the merchant.

Apple just provides a slicker interface for using the same system of usury.

Work in progress: http://andyschroder.com/BitcoinFluidDispenser/

"The Bitcoin Fluid Dispenser 2.3 is an improvement of The Bitcoin Fluid Dispenser II that includes Near Field Communication (NFC), Bluetooth communication, and the bitcoin payment protocol. Using the bitcoin payment protocol with a Bluetooth connection allows for payment to be made with no internet connection on the customer's mobile phone or tablet computer. "

Not bad