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I just wrote a post at lunch about this. Right now for most people Bitcoin is the only way to leave your wallet at home and pay for things with your mobile phon
by AlexMuir 12y ago
I just wrote a post at lunch about this. Right now for most people Bitcoin is the only way to leave your wallet at home and pay for things with your mobile phone.
http://alexmuir.com/bitcoins-practical-use http://alexmuir.com/bitcoins-practical-use
- mikeyouse 12y agoI can guarantee the following; 1. More people have Applepay than have a Bitcoin wallet 2. More stores and restaurants accept Applepay than Bitcoin 12.2M people had used Applepay at least once between launch and the end of February -- Some significant portion more than once. There were only 12.263M bitcoin transactions in the same time period -- many of which were basically dust / micro-transactions of a few pennies worth of BTC. There are only 1.5M bitcoin addresses with more than $2.50 in them.. 97% of addresses have less than .001 bitcoin.
- AlexMuir 12y agoGood points. It doesn't address the fact that Apple Pay is currently only usable in the US. And it will be forever limited to those with the latest iOS device and credit cards. My point is that Bitcoin provides more functionality than Apple Pay today for the 99.9% of the world who aren't holding an iPhone 6 in the US.