Don’t confuse Crypto with “Cashless”

Prof C Explains
2 min readMar 17, 2021
Many people don’t understand how different crypto is and how “same” Apple Pay is.

A reporter recently asked me about how people are “using cashless systems like Apple Pay, Google Pay, and cryptocurrency.” It caused me to remember how many people don’t understand how different crypto is and how “same” Apple Pay is.

Apple pay, google pay, and the like are central systems with central processing, tracking payments, vendors, and customers and require the user to access the banking…

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Prof C Explains

J Scott Christianson: UM Teaching Prof, Technologist & Entrepreneur. Connect with me here: https://www.christiansonjs.com/