Bitcoin Forum

Other => Beginners & Help => Topic started by: I_Wanna_Ride on June 07, 2013, 06:57:22 PM



Title: Apple files "iMoney" patent for virtual currency...
Post by: I_Wanna_Ride on June 07, 2013, 06:57:22 PM
Don't see Bitcoin mentioned, but still makes one go hmmmm.

http://venturebeat.com/2013/06/06/apple-files-imoney-patent-for-virtual-currency-digital-wallet-and-free-stuff/


Title: Re: Apple files "iMoney" patent for virtual currency...
Post by: rolloffacliffpleaseanddie on June 07, 2013, 07:00:31 PM
Its obvious they are talkin about bitcoin


Title: Re: Apple files "iMoney" patent for virtual currency...
Post by: tomywomy on June 07, 2013, 07:03:02 PM
This looks very different from bitcoin.  Centralized credit system rather than decentralized monetary system.  Apple can create and destroy credits on this system at will, but most likely will have them reflect dollars or other fiat currencies.


Title: Re: Apple files "iMoney" patent for virtual currency...
Post by: FrictionlessCoin on June 07, 2013, 08:09:39 PM
This looks very different from bitcoin.  Centralized credit system rather than decentralized monetary system.  Apple can create and destroy credits on this system at will, but most likely will have them reflect dollars or other fiat currencies.

hmmm... wonder if this is related to the current drop in BTC.


Title: Re: Apple files "iMoney" patent for virtual currency...
Post by: aceking on June 07, 2013, 08:19:32 PM
This looks very different from bitcoin.  Centralized credit system rather than decentralized monetary system.  Apple can create and destroy credits on this system at will, but most likely will have them reflect dollars or other fiat currencies.

hmmm... wonder if this is related to the current drop in BTC.

I don't think so , prolly drops because lot people selling their bitcoins to buy new asic miners