Oddbean new post about login | logout I mean, I could see them being worried about fraud. Someone could steal CC numbers and buy sats and immediately send them to another wallet out of reach of recovery. I listened to the recent Citadel Dispatch with the primal dev and they didn't really get approval or work with Apple to make sure it was acceptable. They just guessed that if they gave Apple their cut they wouldn't give a shit.
Did Apple not approve it on the AppStore though? Regardless if they “got direct approval” Apple approved the app so they must know?
They also approved Damus with zaps for awhile before backtracking.
If anything this gives me a vote of no confidence to assume that Apple is actually taking measures to protect its users If they use an “approve now disapprove later after actually taking a look” model
Good point
Cash app will ban people for life for using their bitcoin "wrong". They don't tell you what it is either, you have to guess. Apple uses the same playbook. It might not be Apple, but they are beholden to the same authoritarian forces so it really doesn't make a difference.
Right. Some really smart dude pointed this out in 2009. ”The problem with this solution is that the fate of the entire money system depends on the company running the mint, with every transaction having to go through them, just like a bank."