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Telegram plans multi-billion dollar ICO for chat cryptocurrency

techcrunch.com

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Re: Telegram plans multi-billion dollar ICO for chat cryptocurrency

#2

Post by bflesch »

I don't understand: Wouldn't Apple just remove their app from the app once they touch payments? Someone will be bitten by compliance, and if Telegram is able to circumvent that then the bucket stops with Apple.

This is what has stopped me from doing payment in my apps until now - you never know when some apple or google employee decides to smash you in the face with the ban hammer.

Re: Telegram plans multi-billion dollar ICO for chat cryptocurrency

#4

Post by frabcus »

bflesch wrote: post #2

I don't understand: Wouldn't Apple just remove their app from the app once they touch payments? Someone will be bitten by compliance, and if Telegram is able to circumvent that then the bucket stops with Apple. This is what has stopped me from doing payment in my apps until now - you never know when some apple or google employee decides to smash you in the face with the ban hammer.

I don't really understand the Apple policy on payments.

How come, for example, they don't demand their cut from Monzo person to person transfers?

Re: Telegram plans multi-billion dollar ICO for chat cryptocurrency

#7

Post by Sholmesy »

frabcus wrote: post #4
bflesch wrote: post #2

I don't understand: Wouldn't Apple just remove their app from the app once they touch payments? Someone will be bitten by compliance, and if Telegram is able to circumvent that then the bucket stops with Apple. This is what has stopped me from doing payment in my apps until now - you never know when some apple or google employee decides to smash you in the face with the ban hammer.

I don't really understand the Apple policy on payments. How come, for example, they don't demand their cut from Monzo person to person transfers?

That’s clearly different. Same question could be asked for any banking app.

Re: Telegram plans multi-billion dollar ICO for chat cryptocurrency

#8

Post by nihonde »

frabcus wrote: post #4
bflesch wrote: post #2

I don't understand: Wouldn't Apple just remove their app from the app once they touch payments? Someone will be bitten by compliance, and if Telegram is able to circumvent that then the bucket stops with Apple. This is what has stopped me from doing payment in my apps until now - you never know when some apple or google employee decides to smash you in the face with the ban hammer.

I don't really understand the Apple policy on payments. How come, for example, they don't demand their cut from Monzo person to person transfers?

Isn’t Apple only seeking a cut of sales of digital goods? You can sell physical merchandise like a real book, but you can’t sell an ebook without cutting them in.

Re: Telegram plans multi-billion dollar ICO for chat cryptocurrency

#9

Post by yalogin »

What is preventing every app/service to launch their own crypto currency? It looks like in these times it is in their own interest to launch their own crypto currency than adopting an existing one as they stand to make billions. In that scenario do we say bitcoin and their ilk is failing or succeeding?
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