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Apple Card vs Bitcoin

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Apple's announcement that it will be releasing the Apple Card this summer in the United States has made some cryptocurrency enthusiast worried and others excited. Is Apple Card a threat to Bitcoin and other cryptocurrencies trying to become a widely adopted payment method? This is what the community says. 

The Apple Card is a creditcard created in partnership with Goldman Sachs and Mastercard, and is being built into the Apple Wallet app on the iPhone, with no fees, lower interest and 'a new level of privacy and security'. The unique card number is stored safely in Secure Element, a special security chip, and because of the 'unique security and privacy architecture' Apple claims it will never know where a customer shopped, what they bought or how much they paid.

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