I am concerned about #bitcoin and would like to share my thoughts with you. There is a lot of positive news being heard about the new ETFs that are about to hit the market, especially #BlackRock. But I have concerns that this may not be beneficial for us Bitcoiners in the long term.

From my experience in the classic financial world, I know that the large providers of ETFs can exercise considerable power because they have a high percentage of voting rights in the shares they hold. If we transfer this to the bitcoin world, it would mean that BlackRock would also have significant power as they own the bitcoins and not the #ETF holders. For example, BlackRock and other ETF operators could be "Real Bitcoiners" in the event of a hard fork against us. In addition, there are certainly other situations in which they could exercise their power against Bitcoin.

what do you think about it

Is ducks here code for a certain group of people?

Is it staged?

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#[0]​ how does zapaton works?

The more i read this apple guideline the more I realize it can be used to remove any bitcoin or p2p payment app at any time:

“Apps may enable individual users to give a monetary gift to another individual without using in-app purchase, provided that (a) the gift is a completely optional choice by the giver, and (b) 100% of the funds go to the receiver of the gift. However, a gift that is connected to or associated at any point in time with receiving digital content or services must use in-app purchase.”

Specifically:

“a gift that is *connected to or associated at any point in time* with receiving digital content or services must use in-app purchase”

This means when users start saying “zap me with your email to receive my art”. Then this would give apple an excuse remove Damus at any time, even with only profile zaps. This is true of every p2p payment app as well from what I can tell.

Not to mention: “100% of the funds go to the receiver of the gift”. So what about miner fees? Apple could argue miner tx fees on bitcoin txs violate their guidelines. This also means damus splits + support star are very much not allowed and they won’t be pushed to the app store 🥲

Overall everything is very vague which gives apple the ability to remove your app for any reason. Fun

I will be releasing Damus “freedom edition” for macOS. This will restore existing note zapping functionality and will include features that are too extreme for the app store, such as zap fundraisers.