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Author Topic: Today, I paid in BTC with my Apple Watch  (Read 1587 times)
bocobit (OP)
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April 30, 2015, 05:09:13 PM
Last edit: April 30, 2015, 09:06:39 PM by bocobit
 #1

Imagine it.  No pulling out your wallet from your back pocket.  All you would need to do is look at the watch, select wallet app, scan tap send address, select amount and send.  You could also save that address to use again if you are a regular customer.  I could see restaurants that have a queue like Chipotle accepting BTC because it would speed up the payment process.  You could pay while you stand in line, without having to deal with a cashier.

On another note.  Maybe Apple should make the iWatch free or even pay some bitcoin to people for wearing it.  Does anyone notice the enormous hear rate monitor on the back?  This heart rate monitor uses both green and infrared LEDs to measure pulse.  What other function could a infrared LED with a photodiode receiver be useful for.  Hmmm. Infrared Spectroscopy is a field that makes possible analyzing specific atoms, molecules, and compounds in solution.  Perhaps the infrared spectrometer on the iWatch could be useful for collecting in situ blood chemistry data?  

Whether or not Apple intends to do this or not has not been disclosed, but it is still peculiar that the watch would come with this equipment if its only function was an over-priced inferior (compared with EKG measuring) heart rate monitor.  If I was an engineer at Apple working on this hardware, I would want the hardware to measure everything imaginary possible.  Heart rate monitoring is caveman technology, I would want it to measure every compound in the bloodstream.

(While we don’t anticipate a loss of cabin pressure, in the unlikely event that one occurs, a tin foil hat will drop from the overhead. Pull the hat down to start the flow of manic paranoia, and place it over your eyes and ears.)

All joking aside, the potential of this technology is huge.

I'm going to use bad logic here but I will continue on anyways assuming hypothetically that the iWatch could analyze blood chemistry (Perhaps iteration number 3 or 4 will, and Apple only included it on version 1 to get the customer familiar and comfortable with it).  What customer would pay for something like this?  This would be equivalent to paying for an instrument that could monitor the 'health' of your car, and all imaginable car related data being included; speed, parking location, signaling, running red lights, tailgating etc etc.  On the one hand it would be nice to monitor and record data from the engine, oil, belts, frame, wheel alignment, electrical problems...  but the devise would force you to disclose all details of your driving habits.  If getting a ticket from a speed camera a week after it snaps a pic of you makes you fly off the handle, imagine receiving a tab for all the petty traffic violations you committed on your morning drive to work upon arriving.  Also, perhaps your mechanic and the sheriff would be interested in this data.  Relating it back to the watch; perhaps similar parties might be interested(insurance company, and employer, and bank, and...)



TL;DR - Bitcoin would be an awesome app on a smart watch (duh). Apple put a infrared spectrometer on the iWatch to analyze and monitor your blood chemistry. (pure speculation)
bitllionaire
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April 30, 2015, 05:25:13 PM
 #2

Where could you buy it with bitcoin?
Nagle
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April 30, 2015, 06:29:32 PM
 #3

Imagine it.
"I can imagine quite a bit." - Han Solo
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April 30, 2015, 06:49:39 PM
 #4

This is not news at all.  People have been paying with bitcoin using personal electronics for years.

Just another apple fanboy promotion?  So apple has a digital watch - who cares?   Undecided

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April 30, 2015, 07:05:19 PM
 #5

- snip -
scan send address
- snip -

Please explain?

How did you "scan the send address"?

I don't think the iWatch has a camera, or a laser scanner.

nice catch Wink maybe that person has very limited edition of iWatch or maybe he is only one that have that kind of iWatch who make scan through wifi waves Roll Eyes it looking apple fan..
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April 30, 2015, 07:09:01 PM
 #6

You sir just time traveled to the future. But not very far. Maybe in 5 years we will all pay this way everyday.  Smiley

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April 30, 2015, 07:10:15 PM
 #7

Pics or it didn't happen!

Smiley
boopy265420
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April 30, 2015, 07:20:47 PM
 #8

May be you sent using NFC services from your iwatch ? This is quite amazing that you can do everything just with iwatch. Wink If your iwatch came with NFC function.  Cheesy
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April 30, 2015, 07:29:31 PM
 #9

just for advertising of iWatch, much hard to understand how that person make this happen Shocked Shocked
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April 30, 2015, 07:30:10 PM
 #10

What did you buy and where was it? Details pls.

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April 30, 2015, 07:34:39 PM
 #11

good news. btw, where could you buy it with bitcoin?
need explain more. thanks in advance.
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April 30, 2015, 07:36:00 PM
 #12

If your iwatch came with NFC function.  Cheesy

AFAIK it comes with NFC as you can use the Apple Pay function.
bocobit (OP)
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April 30, 2015, 07:42:00 PM
 #13

Full disclosure, I just got back from the future where everyone is transacting btc using smart watches.  This capability was given the green light by President Dwayne Elizondo Mountain Dew Herbert Camacho, porn star and five-time ultimate smackdown wrestling champion.  

Why would it be a leap for the watch to be able to do this? It is not a stand alone device, its connected to your phone.  If you had a few lines of code in the ios wallet app that could relay the send address that your phone receives to the watch, and then the watch sends the transaction info back to you phone its possible.  

I'm not rushing out to buy one just yet, but I was curious if anyone had the inside scoop of the capabilities of the heart rate monitor.  Like what else can it do.  
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April 30, 2015, 07:50:01 PM
 #14

I prefer Pebble ... because of THIS
oh, and the 7 days capacity without recharge, too ... but, it's an easy part ... about the apple watch.  Roll Eyes

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April 30, 2015, 07:53:50 PM
 #15

This is not news at all.  People have been paying with bitcoin using personal electronics for years.

Just another apple fanboy promotion?  So apple has a digital watch - who cares?   Undecided

I DO!!!

Anything that promotes digital payments promotes Bitcoin.

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April 30, 2015, 08:27:51 PM
 #16

Full disclosure, I just got back from the future where everyone is transacting btc using smart watches.  This capability was given the green light by President Dwayne Elizondo Mountain Dew Herbert Camacho, porn star and five-time ultimate smackdown wrestling champion.  

It wasn't clear the original post was a joke. Now it is.

Why would it be a leap for the watch to be able to do this?

It's not a leap. Most internet devices can be expected to eventually handle Bitcoin transactions. The problem is, you stated it as if the watch already had the function (which no, there's no app yet), and you said that you “scan send address”... how? The Apple Watch doesn't have a scanner or a camera. If NFC was used, then it's not “scanning”, but rather “tapping”.

I'm not rushing out to buy one just yet, but I was curious if anyone had the inside scoop of the capabilities of the heart rate monitor.  Like what else can it do.  

So, what is this thread really about? About using Bitcoin with the Apple Watch? Or about health features of the Apple Watch? If it's the latter, then thread should be in the Off-topic section.

An economy based on endless growth is unsustainable.
bocobit (OP)
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April 30, 2015, 09:05:05 PM
 #17


It wasn't clear the original post was a joke. Now it is.

I wasn't meaning to be disingenuous, started out by saying 'Imagine it'.


The Apple Watch doesn't have a scanner or a camera. If NFC was used, then it's not “scanning”, but rather “tapping”.

My mistake. Will correct


So, what is this thread really about? About using Bitcoin with the Apple Watch? Or about health features of the Apple Watch? If it's the latter, then thread should be in the Off-topic section.

I'm working on something that would allow the watch to use bitcoin.  The second part of the post does not have to do with bitcoin, its about the possibilities of the heart rate monitor.  I'm not pumping the product, just concerned about the possible data collection of health information. (Can't confirm that this is even a problem but I assumed it was the case and made a hypothetical scenario for abuse)  I'm curious if anyone else has made the same observation about the heart rate monitor and has concerns with the abuse of data collection.
 

May be you sent using NFC services from your iwatch ? This is quite amazing that you can do everything just with iwatch. Wink If your iwatch came with NFC function.  Cheesy

https://i.imgur.com/YW3gkrO.png
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April 30, 2015, 09:33:10 PM
 #18

I'm so sick of Apple. I wish the whole company died with Jobs. What's next, the Apple toilet seat cover. My Samsung Galaxy S6 makes watches of any kind obsolete. Even if I had that watch I'd still need to carry a phone because the call quality sucks.

R2D221
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April 30, 2015, 10:03:57 PM
 #19

I'm so sick of Apple. I wish the whole company died with Jobs.

It kind of did. The company had better ideas with Jobs still there.

My Samsung Galaxy S6 makes watches of any kind obsolete.

Yet Samsung has smartwatches based on the same Galaxy brand.

Even if I had that watch I'd still need to carry a phone because the call quality sucks.

The real purpose of these devices is notifications and similar quick utilities. The watch will tell you you have a phone call, but you can still answer with your phone just fine.

An economy based on endless growth is unsustainable.
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April 30, 2015, 10:07:57 PM
 #20

Well, technology is getting advanced day by day. including payment method is also more modern, by combining technology with Bitcoin payment will be more easily

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