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Author Topic: [2014-09-13] Video: Overstock.com CEO on using bitcoin, Apple Pay for purchases  (Read 857 times)
LiteCoinGuy (OP)
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September 13, 2014, 10:43:02 AM
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Overstock.com CEO on using bitcoin, Apple Pay for purchases

http://video.foxbusiness.com/v/3782121296001/overstockcom-ceo-on-using-bitcoin-apple-pay-for-purchases/#sp=show-clips


i think the black guy is a bitcoiner too   Grin

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September 13, 2014, 11:46:23 AM
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Nice story, I wish they were all this positive.  Smiley
Guess I better check out overstock now that they are accepting bitcoin globally.
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September 13, 2014, 03:21:33 PM
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Is fox businesses' streaming fucking awful or is it just me? it keeps twitching constantly.
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September 13, 2014, 03:28:46 PM
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I wonder how much Apple paid Patrick to say that bullshit about Apple Pay being some great new thing. NFC has been around and functional for years. The only thing Apple can help bring to the world of payments is more centralized choke points for hackers to exploit.

If I recall correctly, the thumbprint scanner on the iPhone 5 was completely cracked within 24 hours of the phones release. You could take anybody's phone, even remotely, and bypass the scanner with a single click. For Patrick to say that it would stop somebody from accessing cloud data, or payment data, is just absurdly stupid.

I hope his bonus from Apple was worth it...
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September 13, 2014, 05:11:04 PM
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I wonder how much Apple paid Patrick to say that bullshit about Apple Pay being some great new thing. NFC has been around and functional for years. The only thing Apple can help bring to the world of payments is more centralized choke points for hackers to exploit.

If I recall correctly, the thumbprint scanner on the iPhone 5 was completely cracked within 24 hours of the phones release. You could take anybody's phone, even remotely, and bypass the scanner with a single click. For Patrick to say that it would stop somebody from accessing cloud data, or payment data, is just absurdly stupid.

I hope his bonus from Apple was worth it...

Patrick isnt much of a technology guy so he might be ill-informed. But i'm sure hes a cooperate guy who shills for big cooperations. Have you read his stuff or followed him, you would know.
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September 13, 2014, 08:28:54 PM
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I wonder how much Apple paid Patrick to say that bullshit about Apple Pay being some great new thing. NFC has been around and functional for years. The only thing Apple can help bring to the world of payments is more centralized choke points for hackers to exploit.

If I recall correctly, the thumbprint scanner on the iPhone 5 was completely cracked within 24 hours of the phones release. You could take anybody's phone, even remotely, and bypass the scanner with a single click. For Patrick to say that it would stop somebody from accessing cloud data, or payment data, is just absurdly stupid.

I hope his bonus from Apple was worth it...

Patrick isnt much of a technology guy so he might be ill-informed. But i'm sure hes a cooperate guy who shills for big cooperations. Have you read his stuff or followed him, you would know.


Never attribute to malice that which can be explained by incompetence. You are probably right. Patrick probably is just shilling for corporate buddies and there isn't some conspiracy going on here. It is just frustrating to see him give us all this support and then do a sort of heel turn on us when Apple shows up.
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