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Author Topic: Is Chase QuickPay a threat to Bitcoin?  (Read 1196 times)
bitcoin_girl (OP)
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October 12, 2014, 04:44:28 PM
 #1

Is Chase QuickPay a threat to Bitcoin?

https://www.chase.com/snippets/mobile-banking/modular/quickpay-video
Beliathon
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October 12, 2014, 04:47:56 PM
 #2

Is my company's private intranet a threat to the HTTP protocol?

No it is not.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
franky1
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October 12, 2014, 05:03:03 PM
 #3

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

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
cma3
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October 12, 2014, 05:13:26 PM
 #4

Also take into consideration the chargeback risks associated with quickpay. easy pass.
franky1
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October 12, 2014, 05:25:39 PM
 #5

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

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
evok3d
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October 12, 2014, 05:50:50 PM
 #6

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 Smiley

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santaClause
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October 12, 2014, 05:52:17 PM
 #7

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
mnmShadyBTC
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October 12, 2014, 10:44:05 PM
 #8

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

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HeroCat
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October 12, 2014, 10:51:28 PM
 #9

Not of course  Roll Eyes
Simple as chicken ass  Grin
Bitcoin Magazine
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October 12, 2014, 11:03:33 PM
 #10

can I buy drugs with quickpay

i am here.
Guido
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October 12, 2014, 11:13:32 PM
 #11

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!  Grin

I am Bonkers BTW
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