I’m just sitting down to lunch at one of my favourite places in Budapest. I’ve come straight from the gym and I probably forgot my wallet on the way out of the apartment. But it doesn’t matter because I have battery and bitcoins on my phone. This restaurant is one of two that accept Bitcoin within a few hundred meters.

This has happened quite a few times in the past month - either not having my wallet or having no cash. Bitcoin enables me to pay for things using my phone - there’s nothing else that does this.

Sure, Apple Pay are working on it. But it’s useless to me in Europe (and my one year old iPhone 5S will never be compatible anyway). And it’s permanently useless to everyone without an Apple device. I don’t have a clue what the standards are - frankly I think we’re likely to see wider adoption of a Facebook Pay solution than Apple Pay (even though it doesn’t exist yet.)

Right now Bitcoin is the only means for over 90% of the world’s population to pay for things using only their mobile phone, and conversely for retailers to accept payments via mobile from the bulk of the population. It’s cross-platform and ready today.