Apple is attacking the freedom to exchange privately. The giant has removed the P2P no KYC bitcoin purchasing app Vexl from its App Store.
Apple vs. Vexl
Vexl was born in 2022 under the umbrella of SatoshiLabs, the parent company of Trezor. This app allows you to buy bitcoins peer-to-peer without KYC. Furthermore, it does not collect any data and intervenes at no time in transactions.
Best of all, all conversations are encrypted. A true law-abiding cypherpunks app:
“We have spent countless resources talking with lawyers to find a way to legally operate such an application around the world. And we succeeded. Our app ran successfully for almost 9 months, attracting thousands of users »can we read on the blog of Vexl.
After numerous negotiations with Apple, Vexl was able to distribute its application via the Apple store without a financial institution license. Logical since it is ultimately only a connection application.
Unfortunately, Apple has reversed course. The tech giant removed it from the App Store claiming that it “encourages dangerous activities. In particular, currency exchange in person ».
Vexl protests
The Vexl Foundation was created in response to the continued erosion of individual financial freedoms. In the age of CBDCs and the war on cash, applications like vexl are valuable bastions of privacy. It is worrying that Apple, blinded by its quest for private data, displays such a bellicose posture.
The Vexl Foundation denounces Apple’s double standards:
“We still can’t figure out what exactly we are guilty of doing here. Are Tinder, Hinge, Bumble, Badoo, Grindr and all the other dating apps that encourage people to meet in person also dangerous? What about Craigslist and its European equivalent, Vinted, which, in addition to meeting in person, also include the exchange of money? What about Facebook Marketplace encourages the same thing? »
The Czechs from Vexl remain “firmly convinced that without the freedom to transact, we have no other rights and that everyone has the right to free choice, self-determination and privacy.”
Grafton Clark, member of the Vexl Foundation, ironizes :
“Grab yourself an Apple credit card, dive into the world of debt, and transact seamlessly with Apple Pay so that every purchase is carefully cataloged under Apple’s watchful eye.”
Let us never forget that all our data allows internet giants to know us better than anyone else. Data that, sooner or later, will end up turning against us…
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