Double Spending: Apple to pay EU €500m
We propose a solution to the double-spending problem using a peer-to-peer network.
Everyone (let’s say most people)own an iPhone and those that can not afford an any iPhone product at least own an imitation of a shirt labeled iPhone lol. I guess you know what I mean. This is how big and wide spread iPhone products are at least in my country where everyone and their help has an iPhone not the top of the range. We are where those that can not be updated are dumped. However it’s still an IPhone and people have access to basic apple applications on the go. I was going to end that in the first sentence but I also wanted to make a case of the people that are suffering from big tech and big money movers the banks. A people that should be captured by web3 technologies, a people that are not given the very best and yet deserve it.
Apple and other web2 companies that will ruthlessly rip these people off have managed to reach them. Evidently people in the world massively own an iPhone. If I was an artist I would love to partner with such a company whose reach across the earth stands to be challenged in terms of mobile reach. Such power in peoples hands is bound to be abused and in this case apple is alleged to be blocking users from being informed about cheaper alternatives to its App Store and because of this Brussels is taxing apple heavily.
This charge sounds like a lot of money. I stand to be corrected, this is like a drop in the ocean compared to the earning these big tech companies make. And this money will just move from one wrong hand into another where the money is not even going to trickle down and benefit the people who loose out from such actions like, which apple has put out depriving its customers an opportunity for lighter bills to pay at a time when the economy is biting harder than it should of the people charging apple those fees really cared.
This right here is a case for everything web3 it’s developers. One thing we can say apple has done beautifully is see an opportunity and grab it with both hands. They went an extra mile and built the infrastructure knowing people want a place that feels safe despite there hidden motives. People in web3 and crypto know what the world need and they just have to build it and through the growth of there community beat these companies that have been taking away what belongs to the people and using it to amass wealth.
Such news is painful when you just hear it. However when you seat down and reflect on the potential and the opportunity that lies ahead of us, this news becomes a joy because you are seeing the times of big fro. You start routing for web3 and everyone trying to build on this platforms. At this point anyone trying to build something that values it’s community and rewards it for it’s time and attention is a super hero. A person willing to set aside time from their busy schedule to build for the community they love and keep championing is a super hero (you are a start yes you)
Such news makes one realize how near the time is. A time when people will run the show through block chain technologies and be proud of its growth like no busineess. Soon the work will accept. We have heard stories of that situations. This is the reason BTC will run
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