Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Splirow on March 06, 2012, 09:45:20 PM



Title: Apple iWallet?
Post by: Splirow on March 06, 2012, 09:45:20 PM
interesting........


http://www.streetinsider.com/Corporate+News/Apple+(AAPL)+Said+to+Gain+Key+Patent+for+iWallet+Virtual+Payment+System/7245849.html (http://www.streetinsider.com/Corporate+News/Apple+(AAPL)+Said+to+Gain+Key+Patent+for+iWallet+Virtual+Payment+System/7245849.html)


Title: Re: Apple iWallet?
Post by: schnell on March 06, 2012, 09:47:48 PM
Problem is, they can't sue bitcoin.
Apple will fail.
EDIT: Okay, just read it and it isn't really very much to do with bitcoin, but they might pull a sopa and change it once they have the initial patent.


Title: Re: Apple iWallet?
Post by: ArticMine on March 07, 2012, 03:49:17 AM
This is excellent news for bitcoin as it effectively creates an "Apple tax" on the competition in a critical market, namely the online purchase of goods and services by adolescents. By the way Apple will succeed here; however their invention has nothing to do with bitcoin. With bitcoin the parent can simply transfer a predetermined amount of Bitcoin to the child, which is no different from giving the child a cash allowance, effectively sidestepping the Apple patent. If on the other hand the parent wishes to use say a credit card then the "Apple tax" will have to be paid.

This is pay Apple or use bitcoin.