Apple is 'Watching Cryptocurrency' and Wants to Do More With Tipping and Mobile IDs

Or just don't tip. There was an agreed price, I paid it. End of transaction.

"We're watching cryptocurrency. We think it's interesting. We think it has interesting long-term potential, but we're primarily focused on what consumers are using today... and are happy with. Most people are pretty happy with their debit card as an example. And so helping people do that in a more secure way on our platform and in a more real time way is what we're focused on."

I just want Apple to make great computers and OSes so that I can do my work most efficiently. I want Apple Computer Company - not Apple Consumer Company

The last thing that anyone should want is a single powerful company that has all your data, what you think (texts, Siri etc), what you spend it on (banking) - and is willing to share it with the government (Apple has already admitted this in released emails - Tim Cooks protests and tweets are not legally binding). Because, you know, company CEOs, like presidents, aren't always on your side. They are on the side of the shareholders


On a recent podcast, Adam Curry reminded me that under Steve Jobs Apple’s mission statement was
“To make a contribution to the world by making tools for the mind that advance humankind.”

Apple’s current mission statement is “Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App store, and is defining the future of mobile media and computing devices with iPad.”

And now Apple is revolutionizing the credit card industry - buy, buy, buy more, people!

Apple does not have all your data. They host a lot of data encrypted, and don't have the keys. Apple is not "willing to share" anything with the government other than what is legally required in each jurisdiction where they do business. Where do you get all this information you are claiming?

cryptocurrency/bitcoin? good luck with that. it may be useful for a secular type of financials but I dont see it going into everyones pockets or ewallets.

tipping? bleh.

**edit, why are my posts being edited?
"tipping? bleh. (I tip well, but its getting pretty ridiculous as prices continue to go up and they dont pay their people)."

bitcoin is going nowhere regardless of all the fake prices and paid bot accounts hyping it. None of the creeptos are. They are a crime infested cesspool of scams and the public has too much awareness of it now. She was giving a polite answer because she was asked a question and doesnt want to offend potential customers who may have wasted their money on crapto creepto pump n dump scams.

There’s more to cryptocurrency than bitcoin and other random crypto coins....

As much as I'd like to remove the last of "cards" we need to carry by having a virtual ID I'm not sure I want government issued items in my phone. Various agencies are already clamoring for a reason to have access to mobile devices, needing to "audit" and "validate" IDs would be one more lever to try and gain further access. Maybe my tin foil hat is a little too tight today though :-P

"We're watching cryptocurrency. We think it's interesting. We think it has interesting long-term potential, but we're primarily focused on what consumers are using today... and are happy with. Most people are pretty happy with their debit card as an example. And so helping people do that in a more secure way on our platform and in a more real time way is what we're focused on."

I just want Apple to make great computers and OSes so that I can do my work most efficiently. I want Apple Computer Company - not Apple Consumer Company

The last thing that anyone should want is a single powerful company that has all your data, what you think (texts, Siri etc), what you spend it on (banking) - and is willing to share it with the government (Apple has already admitted this in released emails - Tim Cooks protests and tweets are not legally binding). Because, you know, company CEOs, like presidents, aren't always on your side. They are on the side of the shareholders


On a recent podcast, Adam Curry reminded me that under Steve Jobs Apple’s mission statement was
“To make a contribution to the world by making tools for the mind that advance humankind.”

Apple’s current mission statement is “Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App store, and is defining the future of mobile media and computing devices with iPad.”

And now Apple is revolutionizing the credit card industry - buy, buy, buy more, people!

cryptocurrency/bitcoin? good luck with that. it may be useful for a secular type of financials but I dont see it going into everyones pockets or ewallets.

tipping? bleh. (I tip well, but its getting pretty ridiculous as prices continue to go up and they dont pay their people).

bitcoin is going nowhere regardless of all the fake prices and paid bot accounts hyping it. None of the creeptos are. They are a crime infested cesspool of scams and the public has too much awareness of it now. She was giving a polite answer because she was asked a question and doesnt want to offend potential customers who may have wasted their money on crapto creepto pump n dump scams.

I would love an Apple Cash card to be a true debit card to go along with the Apple Card.

Also why is Apple getting credited with people not carrying cash? That goes to credit and debit cards. I haven’t carried cash since well before Apple Pay.

bitcoin is going nowhere regardless of all the fake prices and paid bot accounts hyping it. None of the creeptos are. They are a crime infested cesspool of scams and the public has too much awareness of it now. She was giving a polite answer because she was asked a question and doesnt want to offend potential customers who may have wasted their money on crapto creepto pump n dump scams.

Said like a smug, upper middle class denizen of a Developed Country. Crypto will be a life changer in the developing nations where access to banking/financial services are non-existent or fees are outrageous.

One more thing ... Apple Coin, a new cryptocurrency only useable on Apple devices.