Brian Armstrong: Apple Does Not Allow Features That Makes Phones Crypto-friendly

2022-4-23 20:40

Apple’s App Store policies, according to Brian Armstrong, CEO of Coinbase, have impeded the company’s product plan. He blamed Apple for prohibiting features from their app and overall being unfriendly to the crypto business.

Brian Armstrong Bashes Apple

On a recent episode of the Superstream Podcast, Coinbase’s CEO and co-founder Brian Armstrong chastised Apple for “potential antitrust issues”

Armstrong came on the Superstream Podcast on April 20 to discuss the current situation of cryptocurrency, entrepreneurship, and Coinbase, the firm he cofounded.

Before going on to criticize Apple, he implied that crypto investors would one day be able to utilize “crypto-compatible” devices with special hardware characteristics built-in.

He claimed that “Apple so far has not really played nice with crypto” claiming that the business had disallowed a number of features that they wanted in the app but that Apple would not allow.

“Apple so far has not really played nice with crypto, they have actually banned a bunch of features that we would like to have in the app, but they just won’t allow it – so there’s potential antitrust issues there,” he said.

When asked if Coinbase would ever release its own hardware wallet, Armstrong revealed the information. He claimed that the company already has a co-branded hardware wallet with Ledger, but that the two big mobile operating systems need to expand their ecosystem of products to include crypto.

Related article | Apple Removes Trust Wallet from Its App Store. Here’s Why

Crypto-compatible Phones Are Good For Crypto

When asked if Coinbase would create its own cryptocurrency hardware wallet, Armstrong said he doesn’t think most users would carry a separate wallet just for bitcoin.

He says that most people would prefer to use something built into their phones. He does, however, believe that big tech — notably, Apple — does not allow the functionality that would be required to make a user-friendly phone-based wallet feasible.

While Armstrong does not specify which features have been banned, he does warn that crypto-compatible phones will be required in the future and that they may become popular.

BTC/USD fall below  $40k. Source: TradingView

This isn’t the first time Armstrong has expressed his displeasure with Apple. In 2020, he noted that Apple’s App Store policies impede bitcoin creation.

While Coinbase may not be able to have all of the functionality it desires, Coinbase users do have access to a number of Apple-specific features.

The crypto-based Coinbase Card became approved for use in Apple Wallet in June 2021. Users may use the card to spend cryptocurrency as cash anywhere in the world.

Coinbase also accepts Apple Pay for cryptocurrency purchases.

Related article  | Apple CEO Tim Cook Holds Bitcoin And Ethereum As Part Of Diversified Portfolio

Featured image from Getty Images, chart from TradingView.com

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Apple Network (ANK) на Currencies.ru

$ 1.14E-5 (+24.19%)
Объем 24H $15
Изменеия 24h: 196.71 %, 7d: -10.60 %
Cегодня L: $3.8E-6 - H: $1.14E-5
Капитализация $0 Rank 3444
Доступно / Всего 0 ANK

apple app brian features armstrong blamed crypto

apple app → Результатов: 126


Crypto Ratings, Price Targets, and Qualitative Analysis Platform BuySellHODL Launches With Android and Apple Support

This is a submitted sponsored story.  CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. A newly launched, easy-to-use mobile cryptocurrency analysis app BuySellHODL founded by entrepreneur and crypto-enthusiast Clifford Lerner aims to provide its users with qualitative analysis based on traders’ community market sentiments in real-time.

2019-2-19 10:14


BuySellHODL Unveils Highly Informative Cryptocurrency Ratings and Price Targets Platform

BuySellHODL has announced the launch of its innovative cryptocurrency ratings and price targets platform and everyone can now download the mobile app on their Android and Apple devices. At current, the rating service is free, and it gives crypto enthusiasts and traders quantitative real-time price target data for bitcoin and altcoins, making it a vital […] The post BuySellHODL Unveils Highly Informative Cryptocurrency Ratings and Price Targets Platform appeared first on ZyCrypto.

2019-2-16 11:15


BuySellHODL Launches First Of Its Kind Cryptocurrency Ratings & Price Targets

Bitcoin Press Release: BuySellHODL launches one of the worlds first cryptocurrency ratings and price targets feature. The application is available for download on both Android and Apple devices. Febuary 14th, 2019, New York –  Newly launched cryptocurrency app BuySellHODL has announced the launch of its proprietary crypto ratings and price target feature, with Bitcoin as […] The post BuySellHODL Launches First Of Its Kind Cryptocurrency Ratings & Price Targets appeared first on Bitcoin PR Buzz.

2019-2-15 15:27


Important security lessons learned from Apple’s creepy FaceTime bug

Earlier this month, I woke up to a disastrous security bug in Apple’s FaceTime that could let anyone easily eavesdrop on iOS and macOS devices. In case you haven’t heard about it yet, FaceTime, the audio and video conferencing app that comes preinstalled on all iPhones, iPads, and Mac computers, had a major security flaw that could let a caller hear the audio from the device they were calling before the person on the other end accepted or rejected the call.

2019-2-13 15:16


Civic Blockchain ID Platform Identity.com Hires Former Apple Executive Phillip Shoemaker

Phillip Shoemaker, Former Apple Exec, Becomes Identity.com’s Executive Director Phillip Shoemaker has been with Apple for years as an executive for the company. Serving as a Senior Director, his LinkedIn profile shows that he “designed and implemented App Store submissions volume predictions, achieving 95% accuracy on incoming volumes,” among many other roles. Building up multiple […]

2018-12-13 21:26


Фото:

Платформа eToro запускает собственный криптовалютный кошелек

Торговая платформа eToro объявила о запуске собственного криптокошелька с первоначальной поддержкой четырех криптовалют. Мобильное приложение, доступное на Google Play и Apple App Store, обеспечивает простой пользовательский интерфейс и повышенную безопасность за счет мультиподписи, говорится в пресс-релизе компании.

2018-11-7 09:44