The iGeeksBlog Show

Apple into cryptocurrency: Myth or facts and more!

March 02, 2021 iGeeks Media Episode 2
The iGeeksBlog Show
Apple into cryptocurrency: Myth or facts and more!
Show Notes

In episode 2, Harshanki discusses one of the best examples of Influencer Marketing, Elon Musk, who has drastically changed how many cryptocurrencies were being looked at. It takes the market by storm, no kidding! As it turns out, Elon Musk is one of the first ones to believe in cryptocurrencies; forget about investing in them. Warren Buffet has openly discussed cryptocurrency, and not in the right way. According to him,

“You’re going to be a lot better off owning productive assets over the next 50 years than you will own pieces of paper or Bitcoin.” 

Apple’s CEO Tim Cook said in an interview with French outlet Les Echos: “I’m not comfortable with the idea of a private group set up a competing currency. A private company shouldn’t be looking to gain power this way.”

The world has been ignoring this advice, and it has led to Bitcoin’s price hit an all-time high by 350% rise in a year! Will this change the opinion of the world leaders? For that matter, I always wonder, would the leading companies of the world ever develop their currency? I mean, they can venture into Blockchain by making a currency rather than investing in one. 

I mean, wouldn’t it be an exciting event to see Apple’s Cryptocurrency? It may not be a feasible option for Apple to compete with Bitcoin, but what are the odds? Apple has not been keen on Cryptocurrency anyway. 

Tune in to the episode to unleash Apple's budding romance with cryptocurrency. What's more, a hidden gem for Woz admirers towards the end.

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The iGeeksBlog Show is an Apple exclusive podcast curated by iGeeks Media Pvt. LTD. and presented by Harshanki.