Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: bitcoin_girl on October 12, 2014, 04:44:28 PM



Title: Is Chase QuickPay a threat to Bitcoin?
Post by: bitcoin_girl on October 12, 2014, 04:44:28 PM
Is Chase QuickPay a threat to Bitcoin?

https://www.chase.com/snippets/mobile-banking/modular/quickpay-video


Title: Re: Is Chase QuickPay a threat to Bitcoin?
Post by: Beliathon on October 12, 2014, 04:47:56 PM
Is Chase QuickPay a threat to Bitcoin?

https://www.chase.com/snippets/mobile-banking/modular/quickpay-video
Is my company's private intranet a threat to the HTTP protocol?

No it is not.


Title: Re: Is Chase QuickPay a threat to Bitcoin?
Post by: franky1 on October 12, 2014, 05:03:03 PM
chase quickpay is still using FIAT.... i guess when you learn bitcoin is not about FAST transactions, and is more about the other 99 benefits bitcoin has. you will see chase quickpay and applepay are not competing. but could actually help people get into bitcoin faster (within 5 minutes as oppose to 3-5 days).

imagine the arbitrage opportunities if you could move funds between exchanges in seconds-minutes as oppose to days-week


Title: Re: Is Chase QuickPay a threat to Bitcoin?
Post by: cma3 on October 12, 2014, 05:13:26 PM
Also take into consideration the chargeback risks associated with quickpay. easy pass.


Title: Re: Is Chase QuickPay a threat to Bitcoin?
Post by: franky1 on October 12, 2014, 05:25:39 PM
Also take into consideration the chargeback risks associated with quickpay. easy pass.
99
98 reasons, anyone else want to countdown all reasons bitcoin is better


Title: Re: Is Chase QuickPay a threat to Bitcoin?
Post by: evok3d on October 12, 2014, 05:50:50 PM
Is Chase QuickPay a threat to Bitcoin?

https://www.chase.com/snippets/mobile-banking/modular/quickpay-video
Is my company's private intranet a threat to the HTTP protocol?

No it is not.

Brilliant +1

The truth is none of these can imagine doing what bitcoin can do, otherwise they would have done it :)


Title: Re: Is Chase QuickPay a threat to Bitcoin?
Post by: santaClause on October 12, 2014, 05:52:17 PM
Is Chase QuickPay a threat to Bitcoin?

https://www.chase.com/snippets/mobile-banking/modular/quickpay-video
No.

Chase QuickPay is a threat to paypal as is is very similar to paypal and is a competitor to paypal. It is also similarly reversible and relies on a central authority (chase) to keep track of your balance


Title: Re: Is Chase QuickPay a threat to Bitcoin?
Post by: mnmShadyBTC on October 12, 2014, 10:44:05 PM
chase quickpay is still using FIAT.... i guess when you learn bitcoin is not about FAST transactions, and is more about the other 99 benefits bitcoin has. you will see chase quickpay and applepay are not competing. but could actually help people get into bitcoin faster (within 5 minutes as oppose to 3-5 days).

imagine the arbitrage opportunities if you could move funds between exchanges in seconds-minutes as oppose to days-week
The fact that chase quickpay uses Fiat does not matter. The fact that a quickpay is able to be reversed and is "controlled" by chase is the important fact.

I believe that quickpay transactions are actually provisionally available right away to the receiver however the receiver remains to have a risk of the payment being disputed in the future


Title: Re: Is Chase QuickPay a threat to Bitcoin?
Post by: HeroCat on October 12, 2014, 10:51:28 PM
Not of course  ::)
Simple as chicken ass  ;D


Title: Re: Is Chase QuickPay a threat to Bitcoin?
Post by: Bitcoin Magazine on October 12, 2014, 11:03:33 PM
can I buy drugs with quickpay


Title: Re: Is Chase QuickPay a threat to Bitcoin?
Post by: Guido on October 12, 2014, 11:13:32 PM
can I buy drugs with quickpay

chase are probably financing terrorists and drug cartels like HSBC and RBS

http://www.theguardian.com/world/2012/jul/21/drug-cartels-banks-hsbc-money-laundering
http://www.ianfraser.org/the-financial-terrorism-of-royal-bank-of-scotland/


so, technically.... yes!  ;D