Apple allowing cash payment apps but not bitcoin ones - what gives?

[NanoAkron]

Can anyone tell me why payment apps like Yoyo are allowed in the app store, yet bitcoin payment systems aren't?

http://techcrunch.com/2013/09/10/yoyo-raises-1-2m-to-launch-new-kind-of-mobile-payment-and-loyalty-platform/

http://justyoyo.com/

This app is being trialled now at a major London university.

[hilariousandco]

Can anyone tell me why payment apps like Yoyo are allowed in the app store, yet bitcoin payment systems aren't?

http://techcrunch.com/2013/09/10/yoyo-raises-1-2m-to-launch-new-kind-of-mobile-payment-and-loyalty-platform/

http://justyoyo.com/

This app is being trialled now at a major London university.

Maybe because Apple can't take a cut of the profits? Or maybe just because Apple are bastards.

[NanoAkron]

Can anyone tell me why payment apps like Yoyo are allowed in the app store, yet bitcoin payment systems aren't?

http://techcrunch.com/2013/09/10/yoyo-raises-1-2m-to-launch-new-kind-of-mobile-payment-and-loyalty-platform/

http://justyoyo.com/

This app is being trialled now at a major London university.

Maybe because Apple can't take a cut of the profits? Or maybe just because Apple are bastards.

I think it's a massive double standard. Banking apps for Barclays, Lloyds etc. are allowed. Now you've got pound sterling instant payment wallets. But still nothing for bitcoin.

Am I being silly but is it something to do with bitcoinj being in Java, and so can't be implemented on the iPhone under their rules (no external code etc…)? Would switching to a c-based client change anything?