Apple's removal of Blockchain, the service that enables the storage and exchange of Bitcoin, from the iOS App Store yesterday has sparked a revolt of Bitcoin users against the company, driving some to abandon Apple and others to destroy its products.
Blockchain was the only remaining Bitcoin-trading app on the iOS App Store. It was removed per Apple's policy requiring all apps to involve activity that is legal in all countries where the app can be purchased. Some major governments have yet to approve Bitcoin, including China and India.
Since the removal of the app, videos have emerged on YouTube showing users destroying their iPhones as a protest against Apple, including the video below showing an iPhone user firing a rifle at his iPhone 4S.
Other iPhone users have recorded themselves destroying iPhones with a wrench and a machete. The trend appears to stem from an offer made on Reddit to send a new Google Nexus 5 smartphone to anyone who posts YouTube videos to the r/Bitcoin subreddit showing them destroying their iPhones.
One high-profile Bitcoin executive, SecondMarket CEO Barry Silbert, told Bloomberg that he's abandoning Apple's iPhone in response to the announcement.
Meanwhile, others have used the rift as an opportunity to capitalize. A company called Mintspare.com posted to the r/Bitcoin subreddit offering to buy unwanted iPhones for Bitcoin. Even Microsoft stands to benefit from the situation - one Reddit user reminded the Bitcoin community that Microsoft is currently running a promotion in its Microsoft Store to buy customers' unwanted iPhone 4 or 4S for $250.