Quote from: onlyu on November 06, 2014, 02:01:05 PM

Quote from: Newbie1022 on November 02, 2014, 11:31:55 PM

http://www.bloomberg.com/news/2014-11-02/apple-pay-to-fuel-chatter-new-products-at-money-20-20.html

It's not that ApplePay is better than Bitcoin -- it's not. It's not that ApplePay directly competes -- it does not. It's that Apple has a tendency to absorb all of the oxygen of anything even within a dart's throw of it. Money 20/20 being centered on ApplePay rather than cryptocurrencies like Bitcoin is just one demonstration of how the show has moved on to the next fad.

ApplePay is complying with the law and regulation. That certainly is a huge advantage over crypto currency.

Advantage or disadvantage. It really depends on your point of view.

World governments are constantly loosing legitimacy. The reason is that free electronic communication (at least easier than in the centuries before) leads to exposure of the low moral standard of those in charge.

Complying with the current laws and regulations could soon be perceived as an act of high treason. So ApplePay runs an easy business only as long as the status quo is not questioned by the majority.

bit-o-matic

Posts

Merits