Bitcoin Forum

http://www.coindesk.com/apple-to-create-virtual-currency-imoney/

Naturally they are totally missing the point with this proprietary crap. For those who wanted to see Bitcoin support for iDevices this is kind of a slap in the face... ::)

Hopefully Apple will not muscle its way into the cryptocurrency arena.  Who can fight Apple :(

Android

samsung vs apple

Ya apple screwed themselves with samsung. Good luck getting flash memory apple :)

Apple would not pick a fight with this large an open source community, some of the people around here are real buffs in software engineering and networks. Apple would have tickled the wrong dragon.

iphone 5 already running android  :P

That will be Google versus Apple with Bitcoin stuck in the middle :(

They arn't. This isn't a true cryptocurrency, just a fancier version of AmazonCoin which is also not a crypto-currency either. They are just proprietary payment systems riding on the veneer of Bitcoin, which is both bogus and sad.

The fact that Apple is both creating their own "currency" and denying Bitcoin apps is pretty telling that they just can't stand any format they don't have an iron grip on just like Sony.

boycott anything apple, slam people hard when you see them using shitty apple gadgets, make sure they know they are paying for over priced chav crap. Have been doing this for years. Apple are more disgusting than MS. They are on a downward spiral anyway give it 5 years and they will be 50% down on where they are now.

Samsung  ;D

iScam
iRobbery

 :D

Google

In some fields Microsoft aka Windows

In others they cant compete aka Zune

Premine!

Applecoin!

ripple vs imoney?

Prob is a lot of people won't understand the difference

with apple's 100+ billion war chest, everyone watch out.

yup. and speculators and traders could care less what it is, as long as it makes them a lot of money.  

and you know how apple is. they always comeout with a superior product.

Maybe it's time to start marketing Bitcoin as THE WORLD CURRENCY.

PayPal, Amazon Coin and iMoney are not accepted or usable in MANY jurisdictions.

Bitcoin can be used in ANY jurisdiction that has internet - not so the others.

Bitcoin - the world currency.

Time to push the strengths of Bitcoin instead of constantly reacting to external developments.

Why would you be using their overpriced, proprietary, walled garden products to begin with?

You will be forced to use it, imagine the number of Itunes users.

Proof of Evil.

ssshhhh. apple employees lurking this forum. they might want to come up with their btc like currency, complete with network and an assembly line of mac miners.

edit:  HOLY SHIT. what if that is what they're really after??  their own crypto mining network but for macs. jeeezzzuuusss.

and i wonder how else can apple use all that computing power.

I remembered when Microsoft use the be the Evil One, this was followed by Google, then it is Apple's turn.  I guess the next one will be Samsung :)

i honestly dont think they cant pull it off without steve jobs strong arming banks, merchants, etc on the negotiating table.

Steve Jobs is gone at the wrong time.  I can't imagine what he will be doing to Microsoft and Google if he is still at the helm of Apple now.  Maybe I am using an Imac, watching Itv, wearing Iglasses, using Iphone.....going to the gents at Itoilet

spending lots of imoney i see.

Someone should pump out new alt coin iMoney  ;D

hahahaha

I think iCoin is not yet out in the Alt-coins?  Someone should go create it :)

yup better name than imoney.

I think Apple would have better things to do than try to compete or replace bitcoin

Plus, Apple clearly will keep it within their eco-sphere ... so nothing to worry about really.

In fact, if anything, it will simply help get people used to the idea of digital currencies which would then be a positive all round.

be careful with that line of thinking, apple might want the whole piece of the pie.  remember, apple is hoarding cash and has over 100 billion in its war chest.

whatever apple is up to, it has to be pretty big.

http://www.change.org/petitions/apple-allow-bitcoin-wallets-on-the-iphone

^ lol

AmazonCoins, Imoney, it's just the next evolution of the giftcard. People screaming new proprietary money, really?

Giftcards are traded for FIAT and can only be used at one place. This seems to be the next evolution in in-store credit.

Shit, I'd rather they switch to fake coins, might get more use out of them in the long term.

~richgene

Apple can iSuck my iDick. Who cares, it's just a fancy iName for iCoupons which can only be iSpent on iTunes and iStore while buying iShit.

Why does this petition require a street address?

I just put my city - didn't ask for street address...

dont think it will be the case. whatever apple is planning, its not like amazoncoin.

I dare someone to start a legitimate blockchain called iMoney just to pee in their cheerios  ;D

Doesn't have to be. It could just be Apple's version of the evolution of giftcards. Buy apps in the store, buy music on Itunes, they could even pay by swiping your phone for small purchases like coffee @ Starbucks if they ever implement NFC.

Since Apple's giftcards are already pegged to Fiat and people buy stuff with them daily (apps/music) they already have perceived value. Change the name, call it a coin, and they've simply changed the face of their money printing machine.

~richgene

I'm not that worried... Not everyone likes/uses Apple, I don't like/use Apple. So basically only those that use Apple will and can use it. Money is supposed to be globally exchangeable and if it's limited to those that are using Apple products then it's not going to be accepted as actual currency.

I think they should thread really carefully with this. They block bitcoin related apps in App Store and then they go and do this.

I am an Apple fan and have some apple products but this..... Well. Not sure...



TAB

You guys know, that bill gates pumped a bunch of money into apple, years ago, to keep them alive, to prevent Microsoft having a monopoly? Apple really isn't that big of a threat. M$ is the real threat ;)

did you sign the petition?

http://www.change.org/petitions/apple-allow-bitcoin-wallets-on-the-iphone

This is so correct it frightening.


-TAB-

When I first read the article I thought it sounded more like Google Wallet than Bitcoin but then I realized it isn't even as good as Google Wallet. Basically you can buy apps, music, and Apple products.  Whoopie!  Glad I have Android, all the iOS users need to stop fighting Apple and realize they're only going to continue to give you what they think you need, not what you think you need.  Open source > proprietary crap.  Bitcoin users should understand this better than the average person.

Even if they fail with their iMoney thing. It will definetly mean that BTC apps wont come to Apple products in the near term.

Thats not a desaster. But it certainly isnt good news either.

iAgree


Anyway who cares about all those countless amazoncoins, applecoins, whatevercoins. It is nothing more than marketing BS.  Bitcoin cloned shitcoins have more merit than those.

I've predicted for some time that if Bitcoin tries to compete in the space where end-users make small-ish transactions, it will be a catastrophic failure.

Bitcoin will never be able to compete with large and highly capitalized players on usability, polish, or end-user security (e.g., stolen wallets.)  Trying to do so will bloat the solution toward centralization which will destroy it's credibility as a reserve medium as well.

Bitcoin had a window of opportunity to be a 'free' currency used as a scaffold upon which other 'free' solutions could be built, but that window is either rapidly closing or has already closed in my opinion.  (By 'free', I mean free of central authority of course.)

The best hope now is on the marketing plane.  If Bitcoin can still be marketed as a credible non-aligned solution and obtain marketshare for the probably minor segment of people for whom that is important, then it could have another pop, but I expect that it will be transient and I'll use the opportunity to pull some money out.

Done.

Centralized premined inflationary scamcoin.

BTC on 'droid done right should kick it's sorry ass.

Ah, this makes much more sense now:

http://techcrunch.com/2013/05/10/lines-virtual-currency-displeases-apple/ (http://techcrunch.com/2013/05/10/lines-virtual-currency-displeases-apple/)

this is great great news. let them all copy the fiat moneys and call it crypto currency. winner will always be the real thing. just wait and see. this is some great advertisement for bitcoin as any such money will be compared to bitcoin.

two words: prior art

Bitcoin will fight Apple and win.

Apple has $130 billion cash or liquid assets!  Bitcoin entire economy is about $1 billion, Apple assets is far more than the reserves of a lot of countries.

WTB 1.000.000 iM / 1 BTC  ;D

But they will *never* be as cool as bitcoin.  There's some things money cant buy ...

apple's latest project is the..... ifuckwitt  :o

'nuff said

Too many iTrolls. ::)

not enough iGuns

Actually nothing will ever be as cool as an iThing...
Sadly

i love you delusional iFags. Iphones are gay, ipads are gay, ipods were pretty cool and apple is and always will be overpriced shitware. its almost as shitty as microsoft. almost

You seem to lack the ability to get relinquishment.
My 'sadly' made it pretty clear though.

nah, you forgot the /sarcasm tag

if only Steve Jobs still alive I'm sure he will supports Bitcoin.

lol nope. he would want it wiped out from the face of the earth. why?? cos he didnt think about it, he cant control it, cant own it.

and btc is gonna be in the top ten "insanely great" ideas of the century.

so what does his minions do?  patent it and claim its theirs.

It would not be like Android and 'thermonuclear' war, but you are right, if he can't control it, he does not want it on his platform.  I do not agree with this philosophy but the quality of the Apple ecosystem speaks for itself.  I will be getting some kind of Android phone to run Bitcoin apps and if it is better then ICS and they can get their phone manufactures to regularly provide updates I might be a convert. 

Bitcoin could be a lever in the future that helps get some of the more entrenched iPhone users to switch. 

Here's the link to the patent

http://appft1.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&u=%2Fnetahtml%2FPTO%2Fsearch-adv.html&r=10&p=1&f=G&l=50&d=PG01&S1=%28apple.AS.+AND+20130606.PD.%29&OS=An/apple+and+pd/6/06/2013&RS=%28AN/apple+AND+PD/20130606%29