Bitcoin Forum

Hi everyone, please explain me why the average person should care to adopt cryptos instead of using services like Apple Pay or Twint! At the end of the day if you can send/pay with your smartphone in a metter of seconds with the already existing services why should you buy cryptos other than as an investment? Even if the money are not transferred as quick as the lighting network the average person doesn't care at all....

I want to learn!

Thanks and have a nice day!

Because Bitcoin is a trustless, transparent, irreversible and decentralized digital currency that is not bound by government or bank laws or restrictions.
It's not a matter of paying with a smartphone app at all, that's not what cryptocurrencies are for.
The average person should care to adopt cryptos if they want economic freedom, not for convenience.
Finally, paying at a coffee shop with a smartphone wallet is instantaneous and network confirmations are not needed for your coffee to be served.

-If I understand it correctly, Apple Pay payments are subject to the credit card merchant fees, which at times can be extremely high.  Bitcoin does sometimes have relatively high fees but the technology can enable lower fees in the future, which is part of satoshi's intention.

-BTC payments are in BTC and not in fiat.  Fiat is intrinsically worthless in its current state and is not backed by anything.

-BTC payments do not rely on Apple and credit card intermediaries to prevent double spends.

-Because BTC payments do not have an intermediary, they are irreversible.

I've never had the privilege to pay for coffee with bitcoins, but what stops people from paying a really small fee with their smartphone wallet and eventually get their coins back because nobody is going to process that transaction?

Thank you for the answers guys. I'm a big fan of Cryptos, but i'm still doubting about the big masses adopting it. In the developed world people doesn't care if the transaction it's instantaneous or not. Paying with credit cards it's also a metter of seconds. Even if it take hours for the payment to be effective, the user doesn't care at all. Is see the point for adoption in countries with crisis and instability, but why in europe or usa?

Because the systems for producing fiat money in Europe and the US are not sustainable.  Money is largely created on the spot when people take out loans from banks, and money can be created at a whim.  It's this sort of irresponsible system which caused hyperinflation in Zimbabwe (https://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe#Causes), to the point at which people's money literally became worthless.

Originally fiat money was redeemable for gold, which is why the people did not mind it losing some value - they knew that at least it can't go completely ridiculous and collapse altogether very easily.

BTC is a rebellion against now-worthless fiat money, because it has the scarce and free properties of an asset while being transferable as a currency.  It removes the need for people to trust a government with their asset.

This apple pay sure is a convenient thing only for Iphone users, fast transfer of money to everyone in the world but I think it is only available for just I phone and other apple users, but can you earn money with it? I think that is the unique thing with bitcoin it is decentralized and you can surely earn by trading with other Cryptos, I don't think you can not lump apple pay with bitcoin because it is a different thing.

applepay is nothign but a skin for fiat currencies. the whole point of bitcoin is that it's outside the fiat system. it can't be inflated, it can't be debased, it can't be seized.

if you're basing your decision on the method for buying coffee you can't see the wood for the trees.

Maybe because you give very little value to freedom. And unfortunately, freedom is not an issue for most people, not until they realize that it's already taken from them, and by the time that happens it's usually too late. If you want a third party to control your own money, then by all means go ahead.

Ask yourself if you want centralized, censorable, permissioned, not-open payment option rather than decentralized, censorship-resistant, borderless payment.

when you use Apple Pay or .... you don't own money you just own an account with these third party services and they allow you to use your funds they hold for you.
with bitcoin you own your own money and handle it yourself. nobody can do it in your stead and nobody can tell you how, when, were to use it. 

with those services, if they decide otherwise they can close your "account" and your funds go bye bye!
with bitcoin nobody can take your money from you.

those services usually are reversible. this can be good for customers in some cases but it is mostly bad for the merchants and it will cause a lot of fraud.
with bitcoin there is no charge back, the transactions are irreversible. this can be bad for customers a little but very good for merchants. but since a merchant's identity and place is clear (like a shopkeeper who has been owning the shop for years doesn't just run away) the customer has no issue with trusting.

this also brings privacy. those services are never private. you give your identity to everyone.
with bitcoin you keep your privacy.

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and of course there will always be pros and cons to everything. you can't say bitcoin is perfect or others are perfect. they can technically serve different purposes in my opinion.

Thanks for the replies guys. Very interesting.

I'm just thinking out loud. I think the crypto world is still to complicate and difficult to use for someone not interested in it. How do you think that cryptocurrencies will be a part of everyone's life? Will bitcoin be something to base the value of other currencies (both fiat and crypto) like gold was?

trusting your value to closed source amenable to a court order or corporate policy will never compete with btc.

i am sure they will create their own blockchain in the future  but it never be rival to bitcoin it will be cenralized and governance blockhain.

What's the point of their blockchain then, if you can even call it that.

these are all centralized system with a "central" bank that can move/transfer asset inside the system itself.
Vires in numeris and Not vires in a fruit.

Apple Pay is a good example of what we can expect for ease of use in the future cryptocurrency world. We are just not there yet.