Tech IndustryFeb 8, 2021
FacebookoTXI70

Should Apple be next to buy Bitcoin?

There has been rumors on Apple buying Bitcoin or RBC encouraging them to do so. Apple had a lot of cash ~ $190B as of end of last year. Fun fact: Warren Buffet who called Bitcoin “rat poison squared” previously is owning about 900million apple stocks, about 5.8% of Apple total outstanding shares. https://www.coindesk.com/apple-crypto-exchange-rbc #Bitcoin

Apple Should Launch Own Crypto Exchange, RBC Analyst Says - CoinDesk
Apple Should Launch Own Crypto Exchange, RBC Analyst Says - CoinDesk
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OPqa80 Feb 8, 2021

Well, obviously.

Amazon RmOi55 Feb 8, 2021

What would Apple get from this? They should launch their own cryptocurrency and network instead.

Walmart tictacs Feb 8, 2021

Lol “apple should their own cryptocurrency and network instead”. Statements like these make me think this BTC pump is just the silence before the storm. 🤣 folks still don’t understand the meaning of decentralized currencies.

Walmart tictacs Feb 8, 2021

You could have just said they should start something like Apple Points to purchase their shit. 🤣🤣

Walmart tictacs Feb 8, 2021

The point that You can buy a car now using something other than Fiat currency is bigger than Tesla investing in BTC. I think other companies will also start selling their products for btc. Selling products for an appreciating asset is just an added advantage 😉.

Facebook oTXI70 OP Feb 8, 2021

I still need to see that happening before believing it. There are still so many things that can go wrong with buying a car using Bitcoin

Walmart tictacs Feb 8, 2021

Well if a company has filed this with SEC, I am pretty sure they will try to figure this out.

Google btc Feb 8, 2021

Every year that Cash balance is melting 10% of its value. Apple needs to throw $50B into bitcoin or their CFO should be fired.

Informatica rdye Feb 9, 2021

Warren buffet and Jamie Dimon are the biggest assho**les in the earth. In 2017 they said BTC is sh**t.. But JPMC invested a billions on BTC now.. Fu*king ass**es.

Google Istheway🚀 Feb 9, 2021

🤣

Facebook oTXI70 OP Feb 9, 2021

What does that anything to do with Warren Buffet?