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Brian Armstrong, CEO of Coinbase commented on Apple’s (anti-)crypto policy in a new episode of the popular Indian Superteam podcast.
Speaking with Tanmay and Akshay, Armstrong said:
“You try to get your app in the App Store and Apple ejected it and then they had this competing one that got approved … it’s a black box.”
The CEO continued on Apple’s poor track record and even issued something of a warning:
“Apple so far has not really played nice with crypto. They’ve 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.”
Armstrong then said:
“There’s going to have to be crypto-compatible phones that I think could actually become quite popular in the future, so it’ll be interesting to see how that plays out.”
Armstrong repeated his company’s ambitions, wanting to be like Amazon, opposed to the firm that was built by Steve Jobs and Steve Wozniak:
“I want us to be a little bit more like the Amazon of assets, not a walled garden like Apple’s App Store.”
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