A recent announcement from the team behind Damus, a decentralized social messaging app supported by Jack Dorsey, Twitter co-founder, has rattled the digital world. Apple has warned that the Damus app could be excised from its App Store in a matter of 14 days, although this stance has subsequently been softened, pending the removal of certain payment features by the app's developers.

This development might deter the process of making bitcoin an easily usable transnational digital currency, an initiative that has been gathering steam of late.