Coinbase CEO blames Apple for being hostile towards crypto.

Coinbase CEO Brian Armstrong says Apple is blocking some functionalities for cryptocurrencies, including being able to earn money and unrestricted decentralized applications (dApp) browsers.

Coinbase CEO Brian Armstrong tweeted that tech giant Apple continues to block some functionalities for cryptocurrencies, including being able to earn money and unrestricted decentralized application browsers. “Apple has been very restrictive and hostile to cryptocurrency over the years,” he tweeted. The tech giant Apple is still blocking some functionality right now, including the ability to earn money with cryptocurrency by completing tasks, and unrestricted dapp browsers, CEO claimed. 

 

Coinbase warned customers it might remove apps from Apple store. 

Later last year, the crypto exchange giant Coinbase warned its customers it might have to remove its dApp browser from its application to meet Apple’s App Store policies. At the time, both Apple and Google’s Android app store Google Play wanted to remove dApps in its network. Apple store has been facing heat lately for unfair terms it gives to app developers and publishers. The Wall Street Journal, The New York Times, and games developer Epic Games have all called out the tech giant looking for fairer terms for developers. 

 

Brian Armstrong says bitcoin is more trustworthy than the US dollar. 

Coinbase CEO Brian Armstrong believes that the leading cryptocurrency bitcoin is more trustworthy than the world reserve currency US Dollar. He said that the increasing economic stimulus and quantitative easing caused by the ongoing pandemic is raising concerns about the world’s future. He went on to say that if the government continues to print money, then there will be a lot of inflation in the future.

Coinbase CEO expressed concerns about the future of the world’s reserve currency are mounting, especially in light of increasing economic stimulus and quantitative easing amid the COVID-induced financial crisis. 

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Jai Pratap
Jai Pratap
A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

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