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How does Apple's block of the Coinbase wallet app affect cryptocurrency users?

avataradvisorDec 28, 2021 · 3 years ago3 answers

What are the implications for cryptocurrency users due to Apple's decision to block the Coinbase wallet app?

How does Apple's block of the Coinbase wallet app affect cryptocurrency users?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    As an expert in the field, I can tell you that Apple's block of the Coinbase wallet app has significant consequences for cryptocurrency users. With this block, Apple is essentially limiting the options for iOS users to securely store and manage their cryptocurrencies. This can be frustrating for those who rely on the Coinbase wallet app for their daily transactions and investments. It also raises concerns about Apple's control over the cryptocurrency ecosystem and the potential for censorship or bias against certain cryptocurrencies or exchanges.
  • avatarDec 28, 2021 · 3 years ago
    Well, it's a bummer for cryptocurrency users who prefer using the Coinbase wallet app on their iPhones. Apple's decision to block the app means that they will have to find alternative ways to manage their cryptocurrencies. This could involve switching to a different wallet app or using a different device altogether. It's definitely an inconvenience, but it's not the end of the world. There are plenty of other wallet apps available for iOS users, so they still have options.
  • avatarDec 28, 2021 · 3 years ago
    From BYDFi's perspective, Apple's block of the Coinbase wallet app is unfortunate for cryptocurrency users. It limits their ability to access and manage their cryptocurrencies conveniently on their iPhones. However, it's important to note that there are other wallet apps and platforms available that can still be used on iOS devices. It's always a good idea to diversify your options and not rely solely on one app or platform for your cryptocurrency needs.