- Former Apple (NASDAQ:AAPL) store head says the tech giant had problems with crypto from the start.
- According to the ex-Apple employee, the firm considered crypto a scam.
- He blames current App store head Phil Schiller for vague app store guidelines.
One of Apple’s former app store heads, Phillip Shoemaker, claims that the cumbersome procedure for cryptocurrency-based businesses to get listed on the app store has been deliberately made difficult. Shoemaker claims that the App Store’s criteria have been modified after he left, and in a way he feels is intentionally unclear. He and the late Steve Jobs were responsible for the initial version of the guidelines.
As a result, Apple has become something of a gatekeeper, but, as Shoemaker points out, it has also been able to maintain an excessively punitive stance against cryptocurrencies in general and NFTs in particular.
“Apple had a problem with crypto from day one. They thought it was a Ponzi scheme,” Shoemaker said in an interview.
Currently working as the CEO of Identity.com, Shoemaker claims he tried to simplify the App Store guidelines as much as possible when he was there. According to him, the goal during his time at Apple was “to make them more black and white over time to make developers understand what they can and can’t d ...
The post Ex App Store Head Says Apple Considered Cryptocurrencies a ‘Ponzi’ appeared first on Coin Edition.