Re:Apple Blocks Coinbase wallet, for not giving them a 30% c...
by stale2002 on Thursday December 01, 2022 @06:27PM
(#33824547)
> what makes you think they’re going to pressures by some crypto geeks?
They wouldn't be the ones being pressured. Instead it would be lawmakers.
The EU has already passed a law, and the USA is considering one, that has already passed out of committee.
Governments can just start confiscating Apple's funds. What, is there going to be an Apple private military, that invades bank of America, and forces them at gone point to not follow a court order? Yeah no. The courts will order them to pay money, and the banks will send the money, no matter what Apple thinks.
The Fines in EU would be something like 10% of global revenue. They can't ignore that.
They wouldn't be the ones being pressured. Instead it would be lawmakers.
The EU has already passed a law, and the USA is considering one, that has already passed out of committee.
Governments can just start confiscating Apple's funds. What, is there going to be an Apple private military, that invades bank of America, and forces them at gone point to not follow a court order? Yeah no. The courts will order them to pay money, and the banks will send the money, no matter what Apple thinks.
The Fines in EU would be something like 10% of global revenue. They can't ignore that.