Quote from: cbeast on October 25, 2014, 05:23:36 AM

Quote from: PenAndPaper on October 25, 2014, 05:13:32 AM

It's beyond ridiculous for bitcoiners to celebrate because apple pay is having technical issues.

1. Apple pay and bitcoin don't compete with each other. Bitcoin isn't a company nor a product. It's a technology. For all we know apple pay might start using bitcoins in the background in a few years.
2. It would be a blessing for the bitcoin community if apple manages to shift consumer's behavior on how they pay for things.

We're not celebrating Apple's failure, we're laughing at it. Okay, so putting a camera on a phone was pretty cool, but putting all my account information online with a portable device is just silly. Apple had security issues in the past. They should stick to adding functionality to phones like TV remotes, walkie talkies, or Star Trek Tricorders.

Well, in theory, their security issues have nothing to do with their phones, only their (optional) services they offer for the phones they sell. They claim that the phones have encryption that cannot be broken by law enforcement. Although the fact that they allow a 4 digit PIN to be used for your password would make it so that there are only 10,000 potential passwords (actually 9,999), plus the fact that your finger print can be used as a password would make it easy for an attacker to force you to unlock the phone for them (they just need to force you to put your finger on the fingerprint scanner