Not sure. I’m wondering if it’s something in the Apple Cash Card terms of service. I think that’s powered by Discover. I wouldn’t be surprised if it’s something on the banking side of things.
Discussion
Pretty sure all apple bank cards are goldman sachs till the deal falls apart
I don't use anything Apple but if I'm understanding this correctly, Apple Cash is essentially a prepaid debit set-up, correct? That alone comes with all sorts of different complications since there is no fallback for overspending & often no required ID *gasp*. Things like investing, gambling, and anything that requires preauthorization are restricted on most of those types of accounts. Surely btc falls into the broad 'crypto' category which then falls into many different "risky" categories. No defense for Apple... but it's just more stupid regulations to protect the banks that provide services to the unbanked. If they would fix their shit, none of it would be a concern. Culpability should definitely fall on Apple for breaching their own terms of service in this case, not that it fixes anything though. Similarly, you can't fund Strike with CashApp but at least those companies know the boundaries of their playing field & simply reject the request. (I have not been successful in linking those two, anyway lol. Would be interested in hearing a success story on that)
Yes, correct about Apple Cash, and apparently at some point they switched from Discover to Green Dot as the backing bank. I imagine a violation of their terms of service constitutes as a violation of Apple’s terms of service, and blah blah blah 😂 This is why we bitcoin 🤣 As far as I know you can’t use cash app card with, however you should be able to pay Lightning invoices between the two.
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