3 ms·

Also on top of controlling the experience Apple probably doesn't mind the percent of all transactions they get for providing that mandatory control. Apple will

Also on top of controlling the experience Apple probably doesn't mind the percent of all transactions they get for providing that mandatory control. Apple will allow bitcoin transaction apps when they can control the transactions to a similar degree they currently control other monetary in app transactions, and will likely ensure they make a similar percent on each transaction. I don't see this as Apple being sneaky or evil, I see it as Apple pursuing their existing business model, which has worked quite well.

cokernel_hacker 13y ago
There is no evidence that Apple doesn't like these apps because they aren't able to recoup fees, there already exist iOS apps that let you move money from one person to another without Apple getting involved at all. For example, I often use my bank's app to move money to and from my roommate. I should note that this involves no transaction cost at all.