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Comment: Four ways Apple could follow Tesla’s lead and make its move into Bitcoin

Apple Bitcoin/cryptocurrency

In 2020, big businesses and institutions really started jumping into Bitcoin. Now Tesla has invested $1.5 billion into the cryptocurrency and is working on plans to let customers pay with it when buying its EVs. While Apple often stands back and watches before stepping into something new (iPod, iPhone, etc.), I think now is the time for Apple to make its move into Bitcoin/cryptocurrency – here are four ways the company could do it and potentially disrupt the industry.

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9 best Bitcoin and cryptocurrency apps for your iPhone

Bitcoin isn’t a new phenomenon (it was actually released in its most primitive form way back in 2009), but it might be a new phenomenon for you! Thankfully, while the Bitcoin waters may be confusing and difficult to wade through, there are lots of great Bitcoin apps for your iPhone to help you get started. In this guide, we’re going to take you through the best Bitcoin-only apps and some other great cryptocurrency apps.

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Hands-on: MobileMiner – how to mine cryptocurrency on an iPhone [Video]

When you think of a cryptocurrency mining rig, it’s easy to associate it with large rigs featuring multiple GPUs in some type of air-cooled room. While that may be true, not every cryptocurrency needs hulking GPUs and rigs designed specifically with mining in mind. In fact, thanks to a handy app called MobileMiner, it’s even possible to mine certain cryptocurrency from a device as diminutive as the iPhone in your pocket. Expand
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Bitcoin wallet apps returning to the App Store after Apple relaxes rules on virtual currency

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After an App Store guideline change earlier this month, it seems that Bitcoin wallet apps are once again welcome on the platform, as noticed by Coindesk. The updated rules said that Apple would allow virtual currency apps if they do not violate any federal laws. Apps like eGift and are now available for download in the App Store.

Albeit merely a wrapper around a web app, Coin Pocket does indeed enable the exchange of Bitcoin from within the app itself. This would have not passed Apple approval just a few weeks prior, as Apple’s previous stance did not allow any app that allowed transfers to take place.

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Apple pulls last remaining Bitcoin wallet app from App Store

Photo: Ariel Zambelich/WIRED

Photo: wired.com

Blockchain, the most popular Bitcoin wallet app, has become the latest casualty of Apple’s apparent crackdown on Bitcoin apps. The app was removed from the App Store yesterday without explanation.

Apple had previously removed BitPak and Coinbase, leaving Blockchain the only remaining Bitcoin wallet app. Blockchain had been in the store since April 2012, and has around 120,000 users, and developer Nicolas Cary is accusing Apple of having an ulterior motive for its removal …  Expand
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