mrspoonsi writes: Techcrunch: Over the past couple of months, there have been a few Bitcoin app rejections by Apple that have made some waves. First, the venture-backed startup Coinbase had its app removed entirely from the App Store. Rob Banagale, writes in a blog post about the rejection for Gliph, a peer-to-peer messaging and payments app. The rejection, Banagale notes, was based largely off of section 22.1 of Apple’s App Store review guidelines. The rule states that “apps must comply with all legal requirements in any location where they are made available to users. It is the developer’s obligation to understand and conform to all local laws.” Bitcoin is not illegal, but it is also not legally recognized by governments as a currency. This gray area is what is leading Apple to reject Bitcoin-transaction apps.
Advertising is a valuable economic factor because it is the cheapest
way of selling goods, particularly if the goods are worthless.
-- Sinclair Lewis