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Is Apple's bitcoin wallet idea backfiring?

Is Apple's bitcoin wallet idea backfiring?

There has been speculation for several years that Apple might create its own wallet for Bitcoin and cryptocurrencies, and with a discovery a few weeks ago, that idea seems to have solidified.
Indeed, in early April, it was discovered that a Bitcoin whitepaper PDF was included in every copy of macOS as of 2018.
While this was only a covert inclusion, likely the result of a standalone initiative by an individual company developer rather than the company itself, it suggested that perhaps Apple had changed its mind about cryptocurrencies.

Moreover, there was speculation in December that Apple would also open its ecosystem to cryptocurrencies and NFTs thanks to new EU regulations.
In other words, it seemed all set for a possible step forward by the company in this regard, but instead there was a step backward.

Deletion of bitcoin PDF document



Mac news site 9to5mac.com reported yesterday that Apple has removed a bitcoin document from the latest beta version of macOS called Ventura.
After discovering this information in early April, the company went into hiding by deleting the PDF, probably in response to the news-induced speculation about the company's possible push into the cryptocurrency world.
Apple has never officially disclosed the reason for the presence of Satoshi Nakamoto's document in macOS, but 9to5mac claims that it may have just been a prank by engineers working on the operating system.
In fact, however, the PDF was not just removed or replaced with another PDF, but disappeared because Apple removed an internal tool called VirtualScanner, which contained that PDF.

According to 9to5mac, this hidden tool should never have been discovered and made public, and as of 2018, it had not yet been removed because it did not contain sensitive information.
Thus, Apple did not go out of its way to include the bitcoin document in macOS, but it did remove the hidden tool that contained the document, which it probably just forgot to remove earlier.
Nevertheless, it seems unlikely that news of the inclusion of the whitepaper in macOS didn't play a key role in this case, not least because someone may have known about the existence of VirtualScanner before it was even known that it contained a Satoshi PDF.
Important Notice: The material provided is for informational purposes only and does not constitute investment advice. The Rao Cash editorial team is not responsible for your financial decisions. Cryptocurrency assets involve high risks — conduct your own research (DYOR).

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