https://twitter.com/CoinbaseWallet/status/1598354819735031809
Elon has already moved on
Elon clarified his concerns that Apple was considering kicking Twitter off the App Store with Tom Cook yday but no way he's just going to be ok with 30% fees when he wants to make subscription revenue 50% of Twitter's overall revenue.
Itās 15%. Elon doesnāt know what heās talking about, so I wouldnāt take his statements as facts.
Apple lost a related lawsuit pretty recently - they can still charge 30%, but they canāt prevent companies from accepting payments/subscriptions elsewhere (eg on their own websites) to avoid the 30% tax. Elon and coinbase donāt have any legs to stand on, hereā¦ if they want the usability of in-app subscriptions, they pay the 30% tax. If they donāt want to pay the 30%, accept payments on your website and direct your users there.
Tim Apple: If I want, I can make Coinbase disappeared from App Store in an hour. Keep on taunting me. Even the richest person in the world has to bow to me, why I need to care about some company that are already in bankruptcy risk?
Yeah this is the perfect time for the worlds premier scam/shitcoin app to be making demands š¤”
Bingo Like cry me a river Coinbase. Seriously Iām glad someone is finally standing up to Coinbase
Coinbase is a scam anyways
Coinbase probably won't exist in 5y mate. Crypto is a scam.
Ay yo, fakka u. I have stocks vested.
Coinbase fees are even more bullshit though
Exactly. I donāt feel sorry at all for Coinbase Iām happy Apple is charging them 30%. Hopefully itāll force them to lower their fees across the board
Use the advanced trading feature. Fee is much lower.