2 ms·

The UX is similar to buying something with Apple Pay from a website in my experience.

Phlarp 4y ago
Apple Pay doesn't run as a browser extension with a nasty habit of granting bad actors full access to drain your funds in a totally irreversible way. Does any of that fall under "user experience" for you?
- patch_cable 4y ago
  The distinction between “browser extension” and “baked into Safari” didn’t seem like an important distinction for this discussion. The similarities are that in both use cases the user is presented with a request to approve or deny.
  - Thorrez 4y ago
    Yeah, I think the main differences are: * Phished Apple Pay transactions can be reversed. Crypto transactions can't be reversed. * Actors who phish Apple Pay transactions will be banned. Crypto bad actors generally can't be banned.
    - tatertots1234 4y ago
      Banned from what? If somebody sets up a phishing website in the US with intent to steal funds, they are equally as liable whether their target is a crypto wallet or Apple Pay.
      - nieve 4y ago
        Has there ever been a prosecution for theft of crypto via phishing/draining?
        tatertots1234 4y ago
        Plenty of charges have been laid over the years related to crypto phishing and fraud.
        Thorrez 4y ago
        https://www.justice.gov/usao-ct/pr/wallingford-man-charged-stealing-bitcoins-dark-web-phishing-scheme https://www.justice.gov/usao-ct/pr/wallingford-man-charged-s... https://www.coindesk.com/markets/2019/06/24/two-israeli-brothers-arrested-for-phishing-fraud-bitfinex-hack/ https://www.coindesk.com/markets/2019/06/24/two-israeli-brot... https://www.cnbc.com/2020/07/31/twitter-bitcoin-scam-masterminded-by-17-year-old.html https://www.cnbc.com/2020/07/31/twitter-bitcoin-scam-masterm... https://krebsonsecurity.com/2020/09/two-russians-charged-in-17m-cryptocurrency-phishing-spree/ https://krebsonsecurity.com/2020/09/two-russians-charged-in-... https://nationalcybersecuritynews.today/greek-student-arrested-in-las-vegas-on-500000-bitcoin-scam-charges-phishing-scams/ https://nationalcybersecuritynews.today/greek-student-arrest...
      - lupire 4y ago
        Banned from the banking network. You can't receive credit card payments directly.

Apple Pay doesn't run as a browser extension with a nasty habit of granting bad actors full access to drain your funds in a totally irreversible way. Does any of that fall under "user experience" for you?

patch_cable 4y ago
The distinction between “browser extension” and “baked into Safari” didn’t seem like an important distinction for this discussion. The similarities are that in both use cases the user is presented with a request to approve or deny.
- Thorrez 4y ago
  Yeah, I think the main differences are: * Phished Apple Pay transactions can be reversed. Crypto transactions can't be reversed. * Actors who phish Apple Pay transactions will be banned. Crypto bad actors generally can't be banned.
  - tatertots1234 4y ago
    Banned from what? If somebody sets up a phishing website in the US with intent to steal funds, they are equally as liable whether their target is a crypto wallet or Apple Pay.
    - nieve 4y ago
      Has there ever been a prosecution for theft of crypto via phishing/draining?
      - tatertots1234 4y ago
        Plenty of charges have been laid over the years related to crypto phishing and fraud.
      - Thorrez 4y ago
        https://www.justice.gov/usao-ct/pr/wallingford-man-charged-stealing-bitcoins-dark-web-phishing-scheme https://www.justice.gov/usao-ct/pr/wallingford-man-charged-s... https://www.coindesk.com/markets/2019/06/24/two-israeli-brothers-arrested-for-phishing-fraud-bitfinex-hack/ https://www.coindesk.com/markets/2019/06/24/two-israeli-brot... https://www.cnbc.com/2020/07/31/twitter-bitcoin-scam-masterminded-by-17-year-old.html https://www.cnbc.com/2020/07/31/twitter-bitcoin-scam-masterm... https://krebsonsecurity.com/2020/09/two-russians-charged-in-17m-cryptocurrency-phishing-spree/ https://krebsonsecurity.com/2020/09/two-russians-charged-in-... https://nationalcybersecuritynews.today/greek-student-arrested-in-las-vegas-on-500000-bitcoin-scam-charges-phishing-scams/ https://nationalcybersecuritynews.today/greek-student-arrest...
    - lupire 4y ago
      Banned from the banking network. You can't receive credit card payments directly.