The company has shown support for the adoption of Bitcoin and other cryptocurrencies. First, Bitcoin’s whitepaper was discovered on Mac computers. Then, they eliminated the need to connect a crypto wallet for in-app purchases.
Also, StepN was integrated with Apple Pay and Axie Infinity got into the Apps Store. However, Apple hinders Nostr’s application in its Apps Store. This apparent paradox raises questions about Apple’s underlying motives and its commitment to embracing the principles of decentralization and Web3 software. Apple supports or turns its back on cryptos?
Apple’s Support for Crypto?
Apple’s decision to record the Bitcoin whitepaper on its laptops is a notable step towards endorsing the world’s most popular cryptocurrency. This move aligns with the growing interest in cryptos and reflects Apple’s recognition of Bitcoin’s significance in the modern financial landscape. By enabling access to the Bitcoin whitepaper, Apple empowers users to explore the concepts behind the digital currency and fosters education on this emerging technology. However, the company removed it a couple of months ago.
«Apple removes original Bitcoin whitepaper from the latest macOS Ventura beta»
Was it a Bitcoin maximalist working at Apple?
Did he/she got fired?https://t.co/iv4pJ59D2c
— Jonas Schnelli (@_jonasschnelli_) April 25, 2023
However, some critics argue that this action is merely symbolic, and it does not necessarily translate into Apple fully embracing cryptos or supporting its integration into its products and services. The company has yet to provide native support for Bitcoin transactions or develop tools to facilitate cryptocurrency-related applications on its platforms.
Hindering Nostr’s Application
Apple’s acknowledgment of the Bitcoin whitepaper might indicate a level of acceptance towards decentralized technologies. Its handling of Nostr’s application in the App Store paints a different picture. Nostr’s app aims to utilize Bitcoin’s underlying technology. However, Apple refuses to accept the app into its App Store due to an inability to collect its standard 30% commission on transactions involving satoshis, the smallest unit of Bitcoin.
🚨The world’s largest company, has waged war on Bitcoin.⚔️
What is Nostr & why is the $3T tech monopoly, Apple, so concerned about a small Bitcoin social media app?⚡️
🧵Time for a thread on why this attack on Nostr is just the beginning of the decentralized revolution.👇
— Bitcoin Culture (@BTC_Culture) July 18, 2023
This raises concerns about Apple’s approach to decentralized applications and its adherence to centralized revenue models. By blocking Nostr’s app, Apple seemingly prioritizes its financial interests over the potential benefits of fostering an innovative, decentralized market.
Centralized Mindset and Revenue Security
The refusal to accept Nostr’s app in the App Store highlights Apple’s lingering centralized mindset. The company’s core business model revolves around tightly controlling its ecosystem. Also, maintains strict guidelines, and collects commissions from transactions within its platform. With decentralized applications, such as Nostr, it faces challenges in enforcing these traditional revenue-generating mechanisms.
In this regard, Apple’s decision to reject Nostr’s application can be viewed as a defensive measure to protect its established revenue streams. By denying access to decentralized apps that cannot be monetized through Apple’s conventional methods.
Apple’s contradictory actions regarding Bitcoin and decentralized applications reflect a complex and evolving stance on emerging technologies. While recording the Bitcoin whitepaper on its laptops shows a level of support for cryptocurrency. So, Apple’s refusal to accept Nostr’s application in the App Store reveals a lingering centralized mentality focused on securing its revenue.
However, there is hope that Apple, and other tech giants, will recognize the potential of embracing Web3 software. Doing so could lead to groundbreaking innovations, increased user trust, and differentiation in a highly competitive market. As the landscape of technology continues to evolve, it remains to be seen how Apple will navigate the delicate balance between centralized control and the embrace of decentralized technologies.
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