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Apple is removing Bitcoin wallets because it sees them as a threat to its efforts to monopolize the payment systems on its platform.The Blockchain application is the same one that has been on the App Store for 2 years, with more than 120,000 downloads, no customer complaints, and a broad user base.The only thing that has changed is that Bitcoin has become competitive to Apple’s own payment system. By removing the Blockchain app, the only Bitcoin wallet application on the App Store, Apple has eliminated competition using their monopolistic position in the market in a heavy handed manner.

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