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Seems like an easy retaliation for Google and Apple would be to just block the CurrenC applications from the app stores when they are released. It's very simila

Seems like an easy retaliation for Google and Apple would be to just block the CurrenC applications from the app stores when they are released. It's very similar to what the retailers are doing by blocking Google Wallet, Apple Pay and paywave by disabling NFC. Also, I just don't see the banks simply rolling over and losing their beloved credit and debit card fees. They will definitely find ways to make their money (sgentle mentioned through contracts requiring NFC, etc). I've had a paywave for a while, and have used it at CVS quite a bit. Sort of annoyed it won't work anymore due to this issue. And giving retailers direct access to your checking account via ACH..uffda.

malandrew 12y ago
Yeah, they could do that, and if they do, I honestly hope this whole thing boils down to a standoff where government gets involved and regulates against blocking competitors from markets using app stores. Users should be free to install apps from other sources or other app stores. This is so obviously an anti-trust issue. Security is achievable without gatekeepers, but there has been no innovation in this space because their is a market incentive for abusing the monopoly power of app stores.
- IBM 12y ago
  Apple or Google don't have to block their apps for it to fail. It's going to fail because it requires customers to give up their credit cards (which many people love because of the benefits) and connect their bank accounts instead. Also the UX of using the app versus Apple Pay will also prevent adoption.
  - atmosx 12y ago
    People in the US love their credit cards????
    - mcphage 12y ago
      Absolutely. They don't love their credit card companies, but it's crazy how many people (me included) have moved to an almost completely cashless existence.
gugol 12y ago
You are assuming that Google will team up with Apple for that but they could always do nothing because of their "don't be evil" mantra.
dwild 12y ago
I have an hard time believing CurrenC would already be accepted on the app store. They removed bitcoin wallet but wouldn't remove CurrenC?
- tzs 12y ago
  If you are thinking of Blockchain's app, it was removed because it had major functionality that could be disabled/hidden or enabled remotely. They turned it off and hid it when the app was submitted for review, and then turned it on after the app was approved and went live. That's a major violation of Apple's rules. You have to show the reviewers the same app that customers are going to get. There are currently several Bitcoin wallets on the Apple app store. Blockchain's was even allowed back.

malandrew 12y ago

Yeah, they could do that, and if they do, I honestly hope this whole thing boils down to a standoff where government gets involved and regulates against blocking competitors from markets using app stores. Users should be free to install apps from other sources or other app stores. This is so obviously an anti-trust issue. Security is achievable without gatekeepers, but there has been no innovation in this space because their is a market incentive for abusing the monopoly power of app stores.

IBM 12y ago
Apple or Google don't have to block their apps for it to fail. It's going to fail because it requires customers to give up their credit cards (which many people love because of the benefits) and connect their bank accounts instead. Also the UX of using the app versus Apple Pay will also prevent adoption.
- atmosx 12y ago
  People in the US love their credit cards????
  - mcphage 12y ago
    Absolutely. They don't love their credit card companies, but it's crazy how many people (me included) have moved to an almost completely cashless existence.

gugol 12y ago

You are assuming that Google will team up with Apple for that but they could always do nothing because of their "don't be evil" mantra.

dwild 12y ago

I have an hard time believing CurrenC would already be accepted on the app store. They removed bitcoin wallet but wouldn't remove CurrenC?

tzs 12y ago
If you are thinking of Blockchain's app, it was removed because it had major functionality that could be disabled/hidden or enabled remotely. They turned it off and hid it when the app was submitted for review, and then turned it on after the app was approved and went live. That's a major violation of Apple's rules. You have to show the reviewers the same app that customers are going to get. There are currently several Bitcoin wallets on the Apple app store. Blockchain's was even allowed back.