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Apple CEO Tim Cook: 'We're Going To Kill Cash' (cnet.com)

At a media event on Thursday, Apple CEO Tim Cook said that the Touch ID on the new MacBook Pros will make it incredibly easy for people to do online money transactions. After the event, speaking to reporters Cook made a bold statement about how he sees Apple Pay. CNET reports: "We're going to kill cash," he said. "Nobody likes to carry around cash." He makes most of his purchases with Apple Pay (which is not surprising).Cook's comment comes days after Australia's top banks refused to support Apple Pay, saying that the company has been 'intransigent, closed and controlling'.

2 of 394 comments (clear)

  1. Re:Too late by aristotle-dude · · Score: -1, Flamebait

    Three cash transactions can be done in the time it takes for you to use your slow-ass method.

    I don't know where you shop for groceries, but where I live the "slow-ass method" consists of: Slide card into reader, enter PIN, wait for cashier to finish ringing everything up, hit OK, remove card.

    Until it does not work due to a networks error or you forgot your pin. Also, you are a bit of an arse if you use your card on anything less than 5 bucks these days. Grownups are supposed to carry cash as a backup at least. If you do not have any cash on you, hand in your adult card and go back to preschool.

    --
    Jesus was a compassionate social conservative who called individuals to sin no more.
  2. Re: Sorry, Tim... by reboot246 · · Score: -1, Flamebait

    Timmy can suck my . . . . no wait, he'd probably like that.