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Blockchain’s Response to Apple

blog.blockchain.info

1–10 of 65 posts

Re: Blockchain’s Response to Apple

#5
post #4

I'm sure they would be ok with it if you paid Apple 1/3 of any Bitcoin transaction you made through it. Without doing so you create a huge hole in their app revenue tax.

No they wouldn't. Profiting from Bitcoin transfers is a regulatory nightmare. This is because there are no controls to minimise the risk that Bitcoin is being used for money laundering.

Re: Blockchain’s Response to Apple

#6
> The only thing that has changed is that bitcoin has become competitive to Apple’s own payment system.

Well, that, and a bunch of media, law enforcement, and legislative attention.

> Bitcoin’s use for international payments from family members sending money home to support entire communities in the developing world and for charity fundraising and fund distribution will be severely affected by this decision.

Can't they just use their web browser?

Re: Blockchain’s Response to Apple

#8
Apple will fight all day and all night to maintain control of money on their app store. The way they push their weight around against anything that tries to do anything outside their walled garden is nothing short of disgusting.

Re: Blockchain’s Response to Apple

#9
post #6

> The only thing that has changed is that bitcoin has become competitive to Apple’s own payment system. Well, that, and a bunch of media, law enforcement, and legislative attention. > Bitcoin’s use for international payments from family members sending money home to support entire communities in the developing world and for charity fundraising and fund distribution will be severely affected by this decision. Can't th…

> Well, that, and a bunch of media, law enforcement, and legislative attention.

Normal currencies and online currencies suffer from these same 3 issues though.

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