Can someone compare Bitcoin vs Apple Pay?

However, many believe that this is due to the millions of Bitcoin wallet apps downloaded recently. Surely, rivals also have some something up their sleeves and are truly  reliable and time-proven. Apple Pay is Apples foot in the cryptocurrency water. Its called Apple PayCash and thats what holds on to and stores the money your friend just sent you. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin.

Bitcoin - Reddit

In this regard, traditional banking, which is based on a three-thousand-year-old concept and technology, cannot compete with Internet and social media giants. As a result, some frustrated and angry bankers are reduced to insulting, bitcoin investors, and want to join forces to crush Bitcoin.

Apple Pay Cash Launches as Users and Developers Turn to Bitcoin

So, as the Internet and social media companies continue to develop their financial services, they will also continue to threaten traditional banking. Revoluts Chief Platform Engineer Lewis Tuff said: This is something that our customers have wanted for a long time.

Apple Pay Cash and stateless cryptocurrency Computerworld

The working principles of it are quite untroublesome. Apple Pay Cash service, and when it does, it will be taking a big step toward building its own kind of multinational cryptocurrency. Apple is among the most efficient companies in Silicon Valley to date, restructuring, and influencing market after market from graphic design to music and mobile phones.

Why Apple Pay And Dollars Are Killing Bitcoin - Forbes

Users can now get paid right within iMessage, or by just asking Siri to pay someone. Before launching this new feature, Apple employees have been performing tests internally. Also read: TD Ameritrade, Ally Invest to Offer Exchange Traded Bitcoin Futures.