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by sneak
876 days ago
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Since when did we as an industry start championing rentseeking that adds no value? Yes, the App Store is valuable. No, generic payment processing rails aren’t. Even the 1-3% charged by CC companies is bullshit. Apple, of course, charges 10x this. The only reason they get away with it is because they have leveraged cryptography to stifle competition. If other app stores were possible on iOS, Facebook and Epic and Netflix would collaborate to create one in a heartbeat and billions of people would stop having to pay higher prices to inflate Apple’s stock value. |
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