Coinbase wallet on IOS disables sending NFTs as Apple claims that the gas fees required to send NFTs need to be paid through their In-App Purchase system, so that they can collect 30% of the gas fee.
They’re actually in the middle of a lawsuit with epic games for this exact thing. Apple actually won, the judge said they would have to provide a link for people to leave the app and pay directly. Apple appealed, so we won’t know for like a year.
It’s utterly bamboozling the sheer amount of greed that exists among rich people, you’d think they’ll reach a point where they make enough profits to be a bit more charitable but no it’s the complete polar opposite they need to have every single dime that’s in your pocket
Tell that to my Galaxy S21+. This was one of the things I held onto my Note 8 for so long until I broke it and had no option but to get a new phone. It's stupid but commonplace now on all higher end phones. (For the record I hate Apple and their shitty practices)
Unpopular yes, but taking a 30% cut of all revenues generated by putting a utility inside Apple's walled garden is in fact Apple's business model. It may be a stupid business model, but it's an insanely profitable one. And it's Apple's business model. So it's up to them to stick with it or not.
Is this also the same reason why you can’t earn BAT on Apple devices? Is it because brave would be blocking ads that apple would be making money off or is it because apple wants users to buy bat through the apple store and be able to take a 30% cut?
Apple can f#@k right on off! I was thinking of going from my LG V60 to the iphone 14 to give IOS a 2nd chance but them screwing with my trading money is a big negative ghost rider!
As pro capitalist as I am, stay in your fucking lane and don’t interfere with shit that has nothing to do with you. All I can say is between this and their fiasco with twitter, I’m strongly considering getting rid of all of my Apple products. Apple has literally become the Standard Oil of tech and they’re abusing their market power beyond making a fair share. (this was ironically posted on an iPhone but still fuck Apple) What would you guys recommend I go with when I’m due for a phone upgrade and potentially switching out the MacBook Pro I have for school if I do end up ditching Apple? (I’m also planning on day trading with any new devices I may get if this changes anything). Edit: unfortunately I’ll have to keep my Mac since I’d get nowhere near what I’d need to buy a comparable laptop, but I’m still open to phone suggestions.
We may have been tolerating Apple’s fee structure yesterday, but today’s a different story given Blockchain’s attribute of democratization. Much needed spotlight … consumer expectations are shifting.
It’s been that way the entire time and plenty of apps have done fine. In a way it levels the playing field because the alternative would be having to pay a fee to get hosted on the App Store which would hurt the smaller guys more.
Has anyone tried sending nfts on the GameStop wallet? This sounds like par for the course with Apple but the GameStop wallet seems to be working fine. Anyone test that yet?
They just remove features to modify the iPhone slightly and then re-sell their same proprietary closed ecosystem phone to people every year. And people continue overpaying for their garbage. It really is a mystery.
Apple have always been shit, I'm surprised it's taken them this long to be honest. Wouldn't be surprised if Apple came after wallet to wallet transfers next since that's an in-app transaction.
Is an iphone that much better than an android or any other phone? Why the devotion to Apple? Guess I need to look into other subs to try and figure this one out.
Coinbase can process payments for registered users without needing Apple. They want Apple to handle the liability of ETH purchases to unregistered users using in-app purchases. Amazon doesnt pay 30% because they require you to log into an account and handle the payments themselves.
Unlikely… the number in ur cash wallet is from a database and they just change the number from the database while extracting the fees. It’s only when you go through a third party payment professor then Apple nets the fees
Pro & con info are in the collapsed comments below for the following topics:
Just wait, next time you'll log in to your IOS wallet you'll have a U2 NFT forcefully waiting for you.
I’ll never forgive them for that. “Songs of Innocence” my ass!
If it wasn’t for the fact that I don’t love the UX of android I would easily have switched long ago.
The email comparison is perfect, cb wallet is interacting with network protocols. It’s not controlled in game purchases like a random game app.
Yep! They got it spot on. Apple needs to fuck off
Although there are actually no “network fees” for sending emails
Please make Coinbase fuck Apple in the court just as Epic Games did over this.
Devil's advocate here... and correct me if I'm wrong as I don't collect NFTs and I don't use coinbase wallet.. that being said:
They’re actually in the middle of a lawsuit with epic games for this exact thing. Apple actually won, the judge said they would have to provide a link for people to leave the app and pay directly. Apple appealed, so we won’t know for like a year.
I was thinking the same thing, how would apple 3rd party blockchains?
Apple or CCP?
No it's horrible a analogy. OP should be ashamed for not even understanding what apple is asking app devs to do.
This is bloody insane.
Amercia also needs to do something about this
These big tech companies think they own the Internet. Really getting too big for their boots.
Millions is peanuts to a trillion dollar company.
Next they'll want to charge for Bitcoin transactions made through Iphones the greedy ****
Yeah and soon they will also charge 30% extra on the food you order using an iphone😂
Just Apple things bro, completely normal. I never liked Apple beyond 2013.
Tim Cook wants that bigger bonus check NAO!!!!!
Apple in general is so overrated
I would not be surprised.
Good that Coinbase actually stood up against them.
Let them try
This is like if I used my banking app to do a money transfer and Apple took 30% of what I needed to transfer, sounds like bs to me
30% of your banking fees
Yes mate, good example. Apple should fuck off
This exactly. If I send a wire transfer from my mobile, the fee to me is $25. Why isn’t apple taking 30% of that?
Right? it's like i would pay 30% of my fees to apple when i send something from kraken to metamask.
Apple is garbage for doing this…btw I wrote this on my iPhone
Soon, Apple will be like: "oh you logged into your banking app and moved money to another account, that'll be a 30% fee please"
Totally agree
You’re holding it wrong.
You still got time to change :)
Agree.
Advice: don't buy an iPhone
It's overpriced. Their profits are insane despite having less volume compared to other phone brands.
Or any other apple product tbh
I agree with the sentiment, but what are the credible alternatives?
Fuck Apple .. they are a monopoly and the government needs to bust them up
They wont do anything about it. Sad reality
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Look up monopoly definition, it’s a duopoly at worst
Fuck apple
To be fair, they don’t have a monopoly over anything.
what are they a monopoly over? is it considered a monopoly if it is their own product and store?
Apple is full of lose here.
Not even close to being a monopoly. Greedy and arrogant, yes. Monopoly? No.
They know how to run sweatshops in other countries.
Government doesn't fuck with the rich
I blame all the people that won't even consider using a non iPhone.
It doesn't help that we keep giving them free money
This is why you never buy Apple products.
As always Apple being a pain in the ass.
And also a little bitch
I hope they get sued fpr monopoly practices for what they are doing with app store.
Holy shit that is ridiculous. I have immediately uninstalled the Coinbase Wallet.
Daam didn't think that Apple would be that stupid
Aye, there is no limits to stupidity
Silicon Valley is out of touch.
You are right. This is really stupid.
apple getting worse and worse. more and more greedy.
It’s utterly bamboozling the sheer amount of greed that exists among rich people, you’d think they’ll reach a point where they make enough profits to be a bit more charitable but no it’s the complete polar opposite they need to have every single dime that’s in your pocket
Happy to be an Android user, such greed is a shame.
Solana phone looking more attractive? /semi s
I fucken hate Apple because they overprice everything.
"large part of the market"
Do they also take 30% from what Amazon sells through their devices?
It will be a joyous day when we can cut apple out of our lives entirely.
iPhones removed headphone jacks and sell you another port to plug your headphones.
Tell that to my Galaxy S21+. This was one of the things I held onto my Note 8 for so long until I broke it and had no option but to get a new phone. It's stupid but commonplace now on all higher end phones. (For the record I hate Apple and their shitty practices)
People don't like change.
I'm anti apple for many reasons. This is one of them. They wanna juice all their users for every little thing it's beyond annoying
Fuck apple
Agreed, fuck apple
We need to get rid of monopolies. Honestly Apple wtf
Apple needs to understand they don’t run anything
Yikes, nobody tell them about Avatar trading in Reddits app!!!
Another reason why I always fucking hated apple.
simple solution, switch to android. fuck apple.
If you're interested in decentralization and creating a more open and free Internet, then you should avoid Apple products at all costs.
Apple does understand how NFTs and the blockchain work, they just don’t care.
Unpopular yes, but taking a 30% cut of all revenues generated by putting a utility inside Apple's walled garden is in fact Apple's business model. It may be a stupid business model, but it's an insanely profitable one. And it's Apple's business model. So it's up to them to stick with it or not.
Apple understands just fine - it’s not that complicated, it’s a tune as old as time - corporate greed.
This enforcers my hated for Apple even more.
There is a reason the apple logo is a half bitten apple, you never get the whole thing... They always take a piece, xD
I have an apple phone but seriously fuck that company
Wait until they realize you can send NFTs on Reddit
Is this also the same reason why you can’t earn BAT on Apple devices? Is it because brave would be blocking ads that apple would be making money off or is it because apple wants users to buy bat through the apple store and be able to take a 30% cut?
Apple can f#@k right on off! I was thinking of going from my LG V60 to the iphone 14 to give IOS a 2nd chance but them screwing with my trading money is a big negative ghost rider!
Next-level bulshit! Fuck apple get yourself an android!
Apple can deploy a validator and participate in the ecosystem.
Tell me you're ignorant without telling me you're ignorant on how gas fees work...
Apple has the same deal for every app, CB isn’t being targeted
Hahahahaha 30% of the gas fees get the fuck out of here
As pro capitalist as I am, stay in your fucking lane and don’t interfere with shit that has nothing to do with you. All I can say is between this and their fiasco with twitter, I’m strongly considering getting rid of all of my Apple products. Apple has literally become the Standard Oil of tech and they’re abusing their market power beyond making a fair share. (this was ironically posted on an iPhone but still fuck Apple) What would you guys recommend I go with when I’m due for a phone upgrade and potentially switching out the MacBook Pro I have for school if I do end up ditching Apple? (I’m also planning on day trading with any new devices I may get if this changes anything). Edit: unfortunately I’ll have to keep my Mac since I’d get nowhere near what I’d need to buy a comparable laptop, but I’m still open to phone suggestions.
We may have been tolerating Apple’s fee structure yesterday, but today’s a different story given Blockchain’s attribute of democratization. Much needed spotlight … consumer expectations are shifting.
Why does anyone support Apple by buying their products? 30% is insane. There's no darn reason on earth they should be charging that.
Why not, its a choicecl to use apple and users blindly agree. I dont see a problem both coinbase and apple.
Wow, that is so disappointing… how can we rise up and show them this is not acceptable?
When I make a bank transfer does Tim Apple want 30% cut off that too?
Are they going to charge 30% fee on zelle or PayPal transactions as well? I mean those are also in-app purchases.
This has to be challenged. It's unbelievable that they've gotten away with this for so long.
Yeah i remember when fortnite called them out on this. Outrage lasted few days then back to normal, sad to see
I already hate apple and they still surprise me with how despicable they can be.
Perfect time to release a competing smart phone.
OR, App Store T&Cs clearly say (for 10 years +) that your app cannot offer tokens in the app for sale unless using IAP.
Apples 30% fee is murder to all app developers
Yeah but how do they even expect wallets to pay 30% on gas fees lmao. Delusional
It’s been that way the entire time and plenty of apps have done fine. In a way it levels the playing field because the alternative would be having to pay a fee to get hosted on the App Store which would hurt the smaller guys more.
Apple ☕
Apple ☕️
🦴🍎☕️
Fuck apple. So tired of thier BS.
Steve Jobs would be turning in his grave seing how Tim Cook is running his company to the ground
is he really running the company to the ground? there's still A LOT of people dumb enough to buy their products
Steve Jobs was the guy who announced the 30/70 revenue split right on stage, in big letters.
It’s funny because an act like this makes apple just as bad as conbase
Thats why we need more web3.
Coinbase should just make their own phone
Centralized operating systems are an immediate problem. Any crypto projects that replace Windows and Apple?
We do need some tbf
Plenty of alternative stores on android. Depending on the model you can install a "de-googled" version of Android and still use many android apps.
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If they do then ios users are well and truly fucked.
Bunch of Apple haters in this sub. Apple is free to get theirs, Homies.
Has anyone tried sending nfts on the GameStop wallet? This sounds like par for the course with Apple but the GameStop wallet seems to be working fine. Anyone test that yet?
The one phrase which I have issues with is " consumer investments in NFT"....
Wonder how that turns out
Thats like trying to get a cut of delivery fees from the pizza hut app.
Apple understands very well how blockchain works - economically. And they want their 30%.
Then don’t buy an iPhone. Pretty simple.
This makes no sense. App store fees are charged based on in-app transactions. This is akin to making a bank transfer fee.
I mean apple is being an apple. That's kind of what you sign up for when you use their products.
You can be damn sure at the rate we're going we'll end up paying for sent emails.
"This is akin to Apple trying to take a cut of fees for every email that gets sent over open Internet protocols."
They just remove features to modify the iPhone slightly and then re-sell their same proprietary closed ecosystem phone to people every year. And people continue overpaying for their garbage. It really is a mystery.
the word apple and greed is pretty much synonymous at this point
apple is fn evil.
Interesting development. I can still trade nfts on the newly released gamestop app on ios. I wonder why the selective banning.
Solana phones anyone?
Apple's protectionism has always been off the charts, never would I go near an Apple product.
Ccp got to get their cut. What do you expect lol
Just transferred an nft on my GameStop wallet on iPhone, no 30% fee. When you know you know.
Apple have always been shit, I'm surprised it's taken them this long to be honest. Wouldn't be surprised if Apple came after wallet to wallet transfers next since that's an in-app transaction.
Apple fanboys love getting jerked. Coinbase should enable it and just mark up every 30%. Apple customers would love the prestigious nature of it.
Why people still use Apple is a mystery.
Is an iphone that much better than an android or any other phone? Why the devotion to Apple? Guess I need to look into other subs to try and figure this one out.
lol wtf is going on
Apple is begging for those antitrust lawsuits
So..GME wallet ahoy?
For now
Apple understands perfectly what they’re doing
So what's the solution? Just use a different wallet? I don't get how apple is even involved.
What the fuck, is there anyway to transfer them then?
I introduce to you the Tesla Phone
LOL Apple and their predatory tactics.
Why stop at gas fee, Apple? Why not take 30% of the NFT's value while you're at it, you greedy bastards.
It's a matter of time before they resolve this and leave gas fees alone. They talked things out with Twitter, they can talk things out with Coinbase.
Workaround is just use coinbase wallets browser, hop onto OS and transfer said NFT’s
That still works? Ok I was only planning on selling NFTs anyways
Kinda wild that google and Microsoft took so much heat for shit like this and Apple is going harder than they ever did and are praised for it
FUCK apple.
Sell your shitcoins and buy apple stocks instead.
Laughs in android 🤣
Are they trying to take 30 percent of the gas fee or are they trying to add another 30 percent that has to be paid to them?
Lmao what
Why apple are you being a pear
Use Android phones.
Just wait for the new iPhone to launch. Sales will be higher than ever.
You may not think this affects you, but a crappy monopoly can ruin tech advancement for decades, just look at Microsoft.
Coinbase can process payments for registered users without needing Apple. They want Apple to handle the liability of ETH purchases to unregistered users using in-app purchases. Amazon doesnt pay 30% because they require you to log into an account and handle the payments themselves.
That means Apple collect the 30% fee on money sent on Venmo, PayPal, Zelle or Cash app?
Unlikely… the number in ur cash wallet is from a database and they just change the number from the database while extracting the fees. It’s only when you go through a third party payment professor then Apple nets the fees
No problem for GAMESTOP NFT MARKETPLACE DRS GME MOASS
Will this apply to other wallets like MetaMask?
Same story on Ledger as well! At least for my phone. Supposedly I can move them on my laptop but haven’t tried yet.
Could you imagine real adoption with NFT marketplaces through the Apple Store: 30% apple fee 7% royalties to the collection 3% marketplace fees.
Fuck apple and their Chinese sweatshop iPhones. What a shit company.
Wouldn't shock me if Apple built bunch of Ethereum nodes to enforce this 😂 Decentralized my ass lol
So they’re basically the Mafia huh
One aspect of it yah
Use a laptop
Can’t wait for Apple to get sued where do I sign up!