- Brian Armstrong thinks Apple and its AppStore are holding back crypto innovation
- Coinbase CEO expressed full confidence that the future lies in cryptocurrency-enabled devices
In a recent Superstream podcast, the head and co-founder of Coinbase criticized Apple for “potential antitrust concerns”.Brian believes that Apple’s policy holds back the development of crypto-technology in apps. On the Superstream podcast Brian Armstrong said that when Coinbase tried to add new features to its app, they were rejected by representatives of Apple, thus prohibiting further innovation. In fact, Coinbase had to give up a number of features because Apple wouldn’t allow them.
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,
The struggle between Coinbase and Apple continues
This is not the first time Brian Armstrong has criticized Apple’s policies.
The head of the leading trading platform said that Apple has been preventing blockchain companies from using its data space for several years and depriving device owners of the opportunity to profit by engaging in cryptocurrency trading. For example, the brand has restricted creators of decentralized dApps in various ways.
The disagreement between the 2 giants erupted after Coinbase reported on the possible removal of its app from the Apple Store. The marketplace is not the only one criticizing Apple. Many developers point to unfair conditions for placing their applications in the App Store. Computer games developer Epic Games not so long ago asked the IT company to soften conditions for service creators.
Brian Armstrong is committed to policies that expand the crypto industry. In 2019, he argued that if the United States government legalized the cryptocurrency industry, it would grow rapidly.
Cryptocompatible smartphones
Amstrong also expressed confidence in the development of compatibility between smartphones and cryptocurrencies. He hopes that in the near future there will be devices on the market that fully meet the needs of investors and cryptocurrency companies. He also urged Android and iOS should expand their functionality to meet the needs of cryptoinfluencers.
When asked if Coinbase would release its own hardware wallet, Armstrong said the company already has a joint hardware wallet with Ledger, but the two major mobile operating systems need to expand their product ecosystem to include cryptocurrency.
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