Bitcoin vs Apple Pay

[Paleus]

The debate between bitcoin and Apple Pay rages on, as early adopters weigh the differences and advantages of either particular system. Apple Pay, announced as a payment system which could allow payments to be made directly from the iPhone among other Apple devices, was announced in 2014 and has many of the Apple loyal raving its potential for friction-less commerce. Bitcoin likewise, is a payment system which promises to make a leap into electronic exchange, yet has very important distinctions between what Apple is aiming for with their platform.

BITCOIN VS APPLE PAY

MARKET CAPITALIZATION 2015 ($ MILLIONS)

The Apple Pay infrastructure can be seen as an overlay network ontop of our everyday purchases in the way we conduct the transaction. The bitcoin technology is a deeper, more core aspect of what this infrastructure entails because it not only radically alters the way we conduct the transactions, but the type of value we transact.

Read the full article on Diginomics.

[1714973591]

1714973591

[1714973591]

1714973591

[1714973591]

1714973591

[S4VV4S]

LOL!


There's a debate?

Let's see....

I send millions of dollars in BTC, I pay something close to nothing for transaction fees.

I use Apple Pay : https://support.apple.com/en-us/HT204274
In all do fairness I did not go through the above link/document because I don't need too...  
But I could be wrong, maybe Apple Pay is cheaper than transacting with Bitcoin  

[BillyBobZorton]

You can't expect the dumb herd to pick something called "Bitcoin" over something called "Apple Pay".
We'll need more years of being bitchslapped by banks and goverments until they get the point.

[amiryaqot]

Apple pay is service not a currency and storage of wealth, totally different but definitely a bit of a bummer.

agreed with there is no sense to make Apple pay with Bitcoin because has totaly different computing set up and more advanced crypto currency and Apple pay is just payment service which use old ordinary currency.

[boopy265420]

Apple pay is service not a currency and storage of wealth, totally different but definitely a bit of a bummer.

We can say apple pay is designed for apple users to pay for their stuffs online. Bitcoin is digital currency will be unique and biggest invention for the last 500 years. This is revolutionary digital currency which is to be explored yet. Apple has wealth to support it's paying service but can not be not compared with bitcoin.

[Meuh6879]

  i prefer paypal over apple pay ... because ... i hate apple product. 

[RodeoX]

Bitcoin  -->

Apple Pay  -->

PayPal  -->

[thejaytiesto]

The funny part is Apple helps the US government spy on everyone and everthing they have the government's blessing as well.
Meanwhile you have all these idiot hipster types acting like Apple's part of some kind of 'counterculture'!!

[BTC_Superman]

Bitcoin is much much better than Apple Pay. On the other hand, Apple pay is a service not a currency.

[RodeoX]

I see no debate. Apple pay is a slightly different implementation of credit cards. There is nothing new about it. Bitcoin is a fundamentally different technology and an order of magnitude faster, cheaper, and more secure.     

[louise123]

I see no debate. Apple pay is a slightly different implementation of credit cards. There is nothing new about it. Bitcoin is a fundamentally different technology and an order of magnitude faster, cheaper, and more secure.     

You are forgetting the most important thing:
Bitcoin is decentralized whereas Apple Pay is very centralized.

[trafficolaa]

omg i am wonder why people are comparing this shit Apple pay with the innovation of the century Bitcoin has no comparison in anyway super fast and most advanced payment solution on the current era.

[grendel25]

I see no debate. Apple pay is a slightly different implementation of credit cards. There is nothing new about it. Bitcoin is a fundamentally different technology and an order of magnitude faster, cheaper, and more secure.     

You are forgetting the most important thing:
Bitcoin is decentralized whereas Apple Pay is very centralized.

Bingo!  And the double charges are already happening!  Check this out:  http://money.cnn.com/2014/10/22/technology/mobile/apple-pay-double-charge/index.html

Always keep in mind the FUNdamental differences of decentralized crypto-currency when compared to centralized payment systems.  The technology is simply like comparing Apples (lol) to Bitcoin!  There virtually is no comparison when it comes to the purist financial technology delivered by crypto currencies.

[xingming]

Good comparison , Apple pay is a word wide service and have some high securities check and
other complexed things so it may be more secure than Bitcoin , but it take a lot of fees
Bitcoin have instant transactions and slow fees but price is not stable .

Xing Ming .  

[amiryaqot]

I see no debate. Apple pay is a slightly different implementation of credit cards. There is nothing new about it. Bitcoin is a fundamentally different technology and an order of magnitude faster, cheaper, and more secure.     

that is true Apple pay is an payment application which used it for old 90's transaction method and nothing new there to make comparison with both, BTCitcoin is most cheapest and faster than super jet payment method with 100% security.

[Bitcoin_BOy$]

My choice is Bitcoin always , slow fees and more secure if you make importance for security
and also always smooth transactions  .

Bitcoin Boy .

[RodeoX]

I see no debate. Apple pay is a slightly different implementation of credit cards. There is nothing new about it. Bitcoin is a fundamentally different technology and an order of magnitude faster, cheaper, and more secure.     

You are forgetting the most important thing:
Bitcoin is decentralized whereas Apple Pay is very centralized.

Amen brother. That is the key difference. If I can't control it, then I don't want anyone to control it.

[1Referee]

Apple Pay will never succeed. Merchants are sick of money hungry payment processors. Every merchant should accept Bitcoin payments.

There are no cons, only benefits. Volatility is not an issue as every Bitcoin sale would get converted to fiat if they so wish.

[Troonetpt]

It's totally two different things, bitcoin is the future and apply pay is just another mastercard.

[jacktheking]

I'm not a Apple fan. If you ask me Android or iOS, I say Android. Mac or Window? Window.

I never heard of Apple Pay till today. What's it? Dont reply, I dont want to know. It sound like a payment system. If so.. Bitcoin get my vote.

Off-topic: This is my 1,000 posts on this forums!