The CEO of Blockchain, which had its Bitcoin wallet app removed from the App Store, recently called Apple a “gatekeeper to innovation” claiming that the company is cracking down on possible competitors for an unannounced payment system leveraging iTunes account holders. Explaining the removal of his iOS Bitcoin wallet app from the App Store, Blockchain CEO Nicholas Cary told CNBC he believes the title was pulled because Apple is planning to launch a competing revenues service. Cary had the following to say regarding the matter:
Apple has telegraphed they'll do something on top of the hundreds of millions of credit cards they have on their system. Bitcoin represents a major threat to any revenue model they may try to build. Anything they do with credit cards is not going to be innovative. Bitcoin is.
When commenting on Bitcoin wallet alternatives, of which there appear to be none on the iOS platform, Cary said Android is clearly the platform of choice for “Bitcoin enthusiasts.” He continued by saying the following:
It is hard to gauge when they want when they only give you a terse e-mail for saying that your app was removed for something they don't tell you about. What Apple has done now is demonstrate they're in a position to be a gatekeeper on innovation.
I'd much prefer to work with Tim Cook and the team at Apple and demonstrate on how they're missing out on the greatest innovation of our time.