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But they can't even take here. Obviously coin base can't give them 30% revenue even if they were willing to. That would be like asking for a 30% cut for deposit

But they can't even take here. Obviously coin base can't give them 30% revenue even if they were willing to. That would be like asking for a 30% cut for deposits from the bank apps. This just seems like spite for the new rules.

nick238 4y ago
I don't think in banking apps you're purchasing anything while using the app (in-app purchases). If you buy an NFT in an app, you are purchasing it in the app, no?
- thatguy0900 4y ago
  No, you're purchasing it but it's not in the app. And you can absolutely pay bills in a lot of banking apps, or even use zelle to buy things in a store. The whole point of the nft is that you can trade it outside of the app. If I buy a physical limited edition poster on etsy does Apple get 30% of that sale?
  - shagie 4y ago
    > 3.1.3(e) Goods and Services Outside of the App: If your app enables people to purchase physical goods or services that will be consumed outside of the app, you must use purchase methods other than in-app purchase to collect those payments, such as Apple Pay or traditional credit card entry. https://developer.apple.com/app-store/review/guidelines/#goods-and-services-outside-of-the-app https://developer.apple.com/app-store/review/guidelines/#goo... It isn't an in app purchase. It doesn't pay a cut to Apple.
  - xkqd 4y ago
    Yeah. Does this apply to forex fees I incur via my banks?
brookst 4y ago
Coinbase PR got you. Apple is asking for 30% of fees charged, not amounts exchanged. It’s like if a bank app charged you $1 to deposit $100; Apple would want $0.30, not $30. Still debatable and I’ve got no sympathy for Apple, but this kind of OMG they want to take 30% of all cash flows response is exactly the misleading PR people are trying to gin up. EDIT: here is what Coinbase themselves say: Apple’s claim is that the gas fees required to send NFTs need to be paid through their In-App Purchase system
- baq 4y ago
  Should they also take 30% of exchange fees in your Fidelity app?
  - nickthegreek 4y ago
    there is no digital good in this scenario.
- jakelazaroff 4y ago
  Coinbase isn't actually taking any cut of the transaction. The gas fee goes directly to the blockchain network itself. That fee varies depending on the total number of transactions, so as far as I understand it's actually not possible to have it go through Apple's in-app purchase system. I'm not supporting Coinbase here, though, and I wouldn't be mad if this policy were actually just a tacit way to ban cryptocurrency transactions in the App Store. But your analogy doesn't fit.
  - deadbunny 4y ago
    Coinbase absolutely take fees that are unrelated to network fees. When you buy $COIN from Coinbase you don't touch the network at all they just note in their database that you bought 0.5 of $COIN for $10 total, $2 which was their fee. It doesn't hit the network till you withdraw it. This is the fee Apple is talking about.
    - jakelazaroff 4y ago
      No, it's not — Coinbase Wallet is their non-custodial wallet, meaning you actually get a real address on the blockchain rather than just a row in their database. https://www.coinbase.com/wallet https://www.coinbase.com/wallet

nick238 4y ago

I don't think in banking apps you're purchasing anything while using the app (in-app purchases). If you buy an NFT in an app, you are purchasing it in the app, no?

thatguy0900 4y ago
No, you're purchasing it but it's not in the app. And you can absolutely pay bills in a lot of banking apps, or even use zelle to buy things in a store. The whole point of the nft is that you can trade it outside of the app. If I buy a physical limited edition poster on etsy does Apple get 30% of that sale?
- shagie 4y ago
  > 3.1.3(e) Goods and Services Outside of the App: If your app enables people to purchase physical goods or services that will be consumed outside of the app, you must use purchase methods other than in-app purchase to collect those payments, such as Apple Pay or traditional credit card entry. https://developer.apple.com/app-store/review/guidelines/#goods-and-services-outside-of-the-app https://developer.apple.com/app-store/review/guidelines/#goo... It isn't an in app purchase. It doesn't pay a cut to Apple.
- xkqd 4y ago
  Yeah. Does this apply to forex fees I incur via my banks?

brookst 4y ago

Coinbase PR got you. Apple is asking for 30% of fees charged, not amounts exchanged. It’s like if a bank app charged you $1 to deposit $100; Apple would want $0.30, not $30. Still debatable and I’ve got no sympathy for Apple, but this kind of OMG they want to take 30% of all cash flows response is exactly the misleading PR people are trying to gin up. EDIT: here is what Coinbase themselves say: Apple’s claim is that the gas fees required to send NFTs need to be paid through their In-App Purchase system

baq 4y ago
Should they also take 30% of exchange fees in your Fidelity app?
- nickthegreek 4y ago
  there is no digital good in this scenario.
jakelazaroff 4y ago
Coinbase isn't actually taking any cut of the transaction. The gas fee goes directly to the blockchain network itself. That fee varies depending on the total number of transactions, so as far as I understand it's actually not possible to have it go through Apple's in-app purchase system. I'm not supporting Coinbase here, though, and I wouldn't be mad if this policy were actually just a tacit way to ban cryptocurrency transactions in the App Store. But your analogy doesn't fit.
- deadbunny 4y ago
  Coinbase absolutely take fees that are unrelated to network fees. When you buy $COIN from Coinbase you don't touch the network at all they just note in their database that you bought 0.5 of $COIN for $10 total, $2 which was their fee. It doesn't hit the network till you withdraw it. This is the fee Apple is talking about.
  - jakelazaroff 4y ago
    No, it's not — Coinbase Wallet is their non-custodial wallet, meaning you actually get a real address on the blockchain rather than just a row in their database. https://www.coinbase.com/wallet https://www.coinbase.com/wallet