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🏅Telegram is the #1 most downloaded mobile app in China on Android, according to Google Play. Access to Telegram requires a VPN in China, but Chinese people are smart — they like Telegram and find a way to use it.

🇨🇳 Last week, China forced Apple to remove apps such as Telegram from its Chinese App Store. We haven’t seen any decrease in downloads coming from China — and I don’t think Telegram was the main target of this change.

🍎 It was a move against Apple itself: the Chinese authorities are forcing more of their citizens to switch from iPhones to Android smartphones produced by Chinese companies such as Xiaomi. Unlike iPhones, most Android phones allow sideloading apps outside app stores — such as the direct version of Telegram — so more users from China will migrate to Android.

Once again, Apple shot itself in the foot with its centralized “walled garden” app policies. As a result of this change, the iPhone market share in China will keep shrinking. Prioritizing profits over freedom for users is not a good long-term strategy👆
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🏅Telegram is the #1 most downloaded mobile app in China on Android, according to Google Play. Access to Telegram requires a VPN in China, but Chinese people are smart — they like Telegram and find a way to use it.

🇨🇳 Last week, China forced Apple to remove apps such as Telegram from its Chinese App Store. We haven’t seen any decrease in downloads coming from China — and I don’t think Telegram was the main target of this change.

🍎 It was a move against Apple itself: the Chinese authorities are forcing more of their citizens to switch from iPhones to Android smartphones produced by Chinese companies such as Xiaomi. Unlike iPhones, most Android phones allow sideloading apps outside app stores — such as the direct version of Telegram — so more users from China will migrate to Android.

Once again, Apple shot itself in the foot with its centralized “walled garden” app policies. As a result of this change, the iPhone market share in China will keep shrinking. Prioritizing profits over freedom for users is not a good long-term strategy👆

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Telegram announces Anonymous Admins

The cloud-based messaging platform is also adding Anonymous Group Admins feature. As per Telegram, this feature is being introduced for safer protests. As per the Telegram blog post, users can “Toggle Remain Anonymous in Admin rights to enable Batman mode. The anonymized admin will be hidden in the list of group members, and their messages in the chat will be signed with the group name, similar to channel posts.”

Should I buy bitcoin?

“To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering,” the former Fed chairwoman said. Yellen’s comments have been cited as a reason for bitcoin’s recent losses. However, Yellen’s assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.

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