This means that the Bitcoin foundation will be responsible for the quality and security of the app. Their app will not be tested by Apple and will not be available in the Apple app store.
Would you trust an app delivered to your iPhone in this ad hoc way? The Bitcoin foundation app would be similar as to what is offered from a bank on the link below.
You would have to be an employee or member of the Bitcoin foundation to be able to receive the app.
Does this sound appealing or not?
Get an Android, root it, and never look back at Apple again. Apple is the anti-open source leader of proprietary system control.
I understand what you are saying, but then why is the Bitcoin foundation considering an ad hoc Apple app? More importantly, would you trust either an Android or ad hoc Apple app from the Bitcoin foundation?
I would trust them only if the source code was available. Not that I know how to read code, but others in the community can review it.