“I just think Apple is in the wrong here” — Loup Ventures’ Doug Clinton
Clinton and Munster duke it out over the App Store payment system. Posted Monday to Loup Ventures’ subscribers.
Cue the video. The Apple bit starts at the 6:12 minute mark:
My take: These guys put on a good show. The crypto bit is also worth a listen.
So Barry Diller’s Match.com and the “Coalition for App Fairness”, which is the shill voice for Epic Games, have gotten the regulatory agency in Holland to allow this narrow transaction to occur. How ironic given that the Oakland Federal District Court Judge and the United States Ninth Circuit Court of Appeals denied this same Epic Games Alter Ego Cartel any legitimacy at all in the judicial community. Perhaps donations are being made outside of the App Store?
What I’m predicting is that any alternative payment systems created outside of the Apple In Payment (AIP) system are not going to be the bell ringing cash cows all of these App Developers are anticipating. The Apple customers will decide if any outside financial transactions are worth their effort. Mostly based on everyone’s experiences in trying to stop monthly payments when dealing with anyone outside of Apple. Not to mention the issue of financial privacy and what happens when these outfits get hacked!