Apple threatens to ban popular social media App over Bitcoin tipping

TL;DR Breakdown

  • The creators of the decentralized social media app Damus revealed that they had received a warning letter from Apple, stating that their app could be removed from the Apple app store.
  • The integration of the Lightning Network widget enabled Damus to facilitate Bitcoin payments and tips directly on their platform which Apple claimed violates their policy.
  • Many other cryptocurrency proponents questioned why tipping features on Twitter are permissible while Damus’s implementation of the same feature violates Apple’s policies.

On June 13, the creators of the decentralized social media app Damus revealed that they had received a warning letter from Apple, stating that their app could be removed from the Apple app store. The reason behind this potential removal is the app’s “Zaps” feature, which allows users to tip each other and content creators in Bitcoin.

The integration of the Lightning Network widget enabled Damus to facilitate Bitcoin payments and tips directly on their platform. However, Apple claimed that this feature violates their policy, which strictly prohibits any form of tipping other than through in-app purchases. According to Apple’s guidelines (specifically guideline 3.1.1), if a tipping feature is connected to or associated with receiving digital content, it must utilize in-app purchases.

The Damus team sees this warning as a significant moment with far-reaching implications for platforms that rely on peer-to-peer support. They emphasized that Damus does not sell any digital goods or provide features for selling such goods. Instead, the app simply includes tip buttons that enable peer-to-peer transactions, similar to platforms like Venmo or Cash App.

Is Apple’s reservation against Damus’s policies misplaced?

The popularity of Bitcoin and cryptocurrency tipping has been on the rise within social media platforms, with Twitter and Reddit also implementing similar features. These tipping options allow for direct peer-to-peer transactions without the need for intermediaries. Interestingly, Apple had previously approved a Bird game app with a Bitcoin tipping feature back in 2015.

One of the creators of the decentralized social media app, known on Twitter as Walker, pointed out that Apple’s reservation against Damus’s policies was misplaced, as the app does not engage in the sale of digital content. Walker requested that the Company rectify its mistake. Many other cryptocurrency proponents questioned why tipping features on Twitter are permissible while Damus’s implementation of the same feature violates the company’s policies. Some individuals accused Apple of prioritizing the interests of Silicon Valley over the principles of decentralization.

The conflict highlights the ongoing struggle between centralized platforms and decentralized alternatives. While centralized platforms often enforce strict guidelines and regulations, decentralized platforms aim to provide more autonomy and freedom to their users. This clash raises important questions about the future of peer-to-peer transactions, cryptocurrencies, and the role of centralized platforms in facilitating or hindering such innovations.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Apple threatens to ban popular social media App over Bitcoin tipping

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年6月16日 05:30
Next 2023年6月16日 07:33

Related articles

  • Riot Platforms narrows losses in an improved Q2 performance

    TL;DR Breakdown Bitcoin mining firm Riot Platforms have posted a much improved Q2 performance. Increased Bitcoin production and hash rate capacity boost revenue. Description Colorado-based Bitcoin mining company Riot Platforms has reported a significant reduction in its net loss for the second quarter of 2023, marking a positive turn in its financial performance. The firm’s strategic efforts to ramp up Bitcoin production and enhance hash rate capacity contributed to this improved outlook. Riot Platforms posts a net loss of … Read more Colorado-based Bitcoin mining company Riot Platforms has reported a significant reduction in its net loss for the second quarter of 2023, marking a positive turn in its financial performance. The firm’s strategic efforts to ramp up Bitcoin production and enhance hash rate capacity contributed to this improved outlook. Riot Platforms posts a net loss of $27.7 million in Q2 In its latest financial report released on August 9, Riot Platforms revealed a narrowed net loss of $27.7 million for the second quarter, a substantial improvement compared to its net loss of $353.5 million during the same period in…

    Article 2023年8月11日
  • New financial documents show Trump capitalizing on NFT boom, holding up to $500k in Ethereum

    TL;DR Breakdown Donald Trump holds a notable amount of cryptocurrency, linked to a successful NFT venture. Trump’s Ethereum wallet contains between $250,000 and $500,000, attributed to his post-presidential NFT activities. His $99-themed trading cards, featuring his image, garnered $8.9 million after selling out twice. Description Donald Trump, the 45th President of the United States, has changed his tune. New financial documents that paint a different picture have surfaced: Trump holds a substantial amount of cryptocurrency, closely tied to a highly profitable NFT venture. According to the latest financial filings, Trump’s Ethereum-related cryptocurrency wallet boasts an impressive sum. It holds between … Read more Donald Trump, the 45th President of the United States, has changed his tune. New financial documents that paint a different picture have surfaced: Trump holds a substantial amount of cryptocurrency, closely tied to a highly profitable NFT venture. According to the latest financial filings, Trump’s Ethereum-related cryptocurrency wallet boasts an impressive sum. It holds between $250,000 and $500,000. This revelation stems from Trump’s post-presidential venture into non-fungible tokens (NFTs). His $99 limited edition trading cards were an…

    Article 2023年8月13日
  • Yellen: China remains unharmed by US controls

    TL;DR Breakdown Yellen assures China that US investment controls will only focus on sensitive national security sectors. Yellen emphasizes ongoing trade and economic cooperation between US and China, despite technology transfer issues. She voices concern about coercive actions against US firms and China’s potential support for Russia. Description Despite a tumultuous bilateral relationship fraught with multiple challenges, the United States maintains its commitment to the Chinese market. US Treasury Secretary, Janet Yellen, during her recent visit to Beijing, clarified that any prospective US investment controls would narrowly focus on sectors considered sensitive to national security. Yet, these anticipated actions are not expected to … Read more Despite a tumultuous bilateral relationship fraught with multiple challenges, the United States maintains its commitment to the Chinese market. US Treasury Secretary, Janet Yellen, during her recent visit to Beijing, clarified that any prospective US investment controls would narrowly focus on sectors considered sensitive to national security. Yet, these anticipated actions are not expected to inflict substantial damage to China’s economy. A consistent theme during Yellen’s meetings with Premier Li Qiang and her counterpart,…

    Article 2023年7月10日
  • India, Russia discuss BRICS, G20, SCO cooperation in meeting

    TL;DR Breakdown Indian External Affairs Minister, Dr. S. Jaishankar, and Russian Foreign Minister, Sergey Lavrov, held a meeting to discuss cooperation within the BRICS, the G20, and the Shanghai Cooperation Organization (SCO). Both India and Russia are pushing for trade settlements in their national currencies, lessening their dependence on the U.S. dollar. These discussions were held during a two-day BRICS Foreign Ministers’ Meeting in Cape Town, South Africa. In the international diplomatic arena, an intriguing development has recently surfaced: two major global powers, India and Russia, are engaging in strategic dialogues focusing on strengthening cooperation within significant international forums, namely the BRICS, the Group of Twenty (G20), and the Shanghai Cooperation Organization (SCO). These discussions take on added significance as both countries are displaying a marked shift towards trade settlements in their respective national currencies, thereby diminishing their dependency on the U.S. dollar. A high-level diplomatic dialogue Dr. S. Jaishankar, India’s External Affairs Minister, recently met with his international counterparts, including Russia’s Foreign Minister Sergey Lavrov, during a two-day BRICS Foreign Ministers’ Meeting held in Cape Town, South Africa. The…

    Article 2023年6月6日
  • Kenya’s central bank governor clarifies crypto stand

    TL;DR Breakdown Patrick Njoroge, the outgoing governor of the Central Bank of Kenya (CBK), has provided clarity on the bank’s stance on cryptocurrencies. His comments come at a critical time when opinions on digital currencies remain divided globally. Njoroge emphasized that the CBK’s cautious approach to cryptocurrencies is not based on personal opinions but on the wealth of information accumulated by the institution over its 57-year history. Known for his staunch opposition to cryptocurrencies, Njoroge has been a notable figure in Kenya’s financial sector, advocating for caution when dealing with volatile digital assets. Governor Patrick Njoroge, who is nearing the end of his tenure at Kenya’s Central Bank, has come forward to share his perspective on the often-controversial subject of cryptocurrencies. His statements come at a time when the global financial world is divided on the issue, with some welcoming the technology and others, like Njoroge, offering cautionary advice. Unraveling the CBK’s position on cryptocurrencies Njoroge, who has the distinction of being the ninth governor of Kenya’s Central Bank, expressed that his opposition to cryptocurrencies is not a product of…

    Article 2023年6月8日
TOP