BTC is better than Apple Pay?

[hsz]

Marc Andreessen （the header of Andreessen Horowitz）think BTC  is better than Apple Pay. How do you think about it?

[odolvlobo]

Marc Andreessen （the header of Andreessen Horowitz）think BTC  is better than Apple Pay. How do you think about it?

I don't trust Apple with my credit card information any more than I trust Home Depot, Target, JP Morgan Chase, or Kmart.

[redsn0w]

Apples and oranges.

And also pineApple  ,

however bitcoin is a peer-to-peer electronic cash system  ... what is applePay ? It is only a NFC payment system  .

[Beliathon]

The answer is they are not even comparable. This is like asking if your company's private intranet is a threat to the HTTP protocol. It's laughable, really. The two are not even in the same league.

[Window2Wall]

Marc Andreessen （the header of Andreessen Horowitz）think BTC  is better than Apple Pay. How do you think about it?

I don't trust Apple with my credit card information any more than I trust Home Depot, Target, JP Morgan Chase, or Kmart.

Well JP Morgan will actually be the entity that would create your credit card information (LOL). Although the data breaches associated with all of the above companies were certainly annoying and inconvenient, they did not cause any actual financial harm to any consumers as consumers are not liable for any unauthorized transactions on their credit card. I personally think you should be fine entrusting your credit card information with apple.

The problem with apple pay vs bitcoin is that you have much higher fees (via CC processing fees that will be passed onto you) when you pay via apple pay while you would only pay ~$.04 when you pay with bitcoin

[MichaelBliss]

Absolutely.  It's decentralized, and also importantly: not an Apple product! 
I don't think you can compare the two, though I know everyone is.

[bbit]

Marc Andreessen （the header of Andreessen Horowitz）think BTC  is better than Apple Pay. How do you think about it?

I don't trust Apple with my credit card information any more than I trust Home Depot, Target, JP Morgan Chase, or Kmart.

Pretty much agree with this ^^ . I just don't trust people with my cc.

[jsgayo]

however bitcoin is a peer-to-peer electronic cash system  ... what is applePay ? It is only a NFC payment system  .

BTC is better.OK

[chennan]

In terms of adoption to these two products, the ppl are tending to trust Apple who hold creditability in the usability and scurity of its products from them rather than BTC. PPL read too much negative news from the media.

[BiTJack]

For me no comparison between them two but bitcoin comes as a winner always.

[Jesu]

Marc Andreessen （the header of Andreessen Horowitz）think BTC  is better than Apple Pay. How do you think about it?

Well of course he would say that, but in my opinion they're two very different methods. Apple is obviously centralised for a start, and I think they'll gain adoption quicker, but hopefully btc will catch up over time.

[Q7]

First of all I believe we are comparing against 2 different things. With apple pay i can only use it at stores that accept the payment system. With bitcoin I can virtually transfer to anyone. Btc itself is a currency but apple pay is just a payment system

[CryptoCarmen]

Marc Andreessen (the header of Andreessen Horowitz)think BTC  is better than Apple Pay. How do you think about it?

Here are my thoughts:

• Comparing BTC to Apple Pay is like comparing USD to Apple Pay.  BTC is a currency, Apple Pay is a transaction processing system.  They're incomparable.
• As far as BTC use in retail vs. Apple Pay, I think Apple Pay could hinder BTC transaction adoption at the consumer level.  For instance, Apple Pay would hurt BitPay and other BTC transaction systems.
• It's true, Android has had NFC for years, but they have lacked wide-adoption.  Apple doesn't necessarily bring a new idea to the table, they just execute better.  Hopefully Apple Pay will help broaden use of NFC as a whole, and with that, hopefully it will make BTC usage easier in the future.  So it's not really BTC vs. NFC - it's more like Apple Pay and NFC could be a the stepping stone to mass BTC usage.

Lastly, Marc Andreessen is heavily invested in BTC, so it's obvious he would say that.  He should have said that BTC is incomparable because it's a currency, but he wanted to make a broad (and stupid) statement I guess.  My point being - read between the lines.  He's biased.  It's like Tim Cook saying Apple Pay is better than BTC, well no shit.

Yes is waste of time to camper something that has so little in common.

[Sutters Mill]

They are two completely different beasts. Apple pay is just another fiat payment processor whereas bitcoin is something that is completly revolutionary. Sadly Applepay will be adopted much quicker because there's not much that needs to be changed and it has the giant Apple behind it, but hopefully people will see the benefits of btc over time.

[JeffDeChesare]

You can't compare bitcoins with it. It sure will get more attention to it but it's just like CC and others.

[TinaK]

Apple Pay's counterparty risk is smaller, at least for now

[sandykho47]

Apple fans said Apple Pay is better
Bitcoin fans said Bitcoin is better

But, me personally bitcoin is much more better 
I only use Apple Pay if iPhone is very cheap & there are discount if you use Apple Pay 
And Bitcoin have very big potential while Apple Pay don't have big potential as bitcoin

[Darude Sandstorm]

Apple fans said Apple Pay is better
Bitcoin fans said Bitcoin is better

But, me personally bitcoin is much more better 
I only use Apple Pay if iPhone is very cheap & there are discount if you use Apple Pay 
And Bitcoin have very big potential while Apple Pay don't have big potential as bitcoin

You should ditch your iphone and get another then pay with a bitcoin app. We need more people to move away from Apple until they get the message.

[redsn0w]

Apple fans said Apple Pay is better
Bitcoin fans said Bitcoin is better

But, me personally bitcoin is much more better 
I only use Apple Pay if iPhone is very cheap & there are discount if you use Apple Pay 
And Bitcoin have very big potential while Apple Pay don't have big potential as bitcoin

applePay is not a currency or an electronic cash system , bitcoin is ....  bitcoin  .

[Jamie_Boulder]

The answer is they are not even comparable. This is like asking if your company's private intranet is a threat to the HTTP protocol. It's laughable, really. The two are not even in the same league.

That's brilliant, favorited/saved.