No Apple Coin

Discussion in 'Crypto Assets' started by dealmaker, Oct 4, 2019.

  1. dealmaker

    dealmaker

    No Apple Coin


    Apple CEO Tim Cook is not in favor of his company setting up a cryptocurrency in order to compete against Facebook's Libra project. Asked by French media about the idea, he responded: "I really think that a currency should stay in the hands of countries…A private company shouldn’t be looking to gain power this way…We elect our representatives to assume their governmental responsibilities. Companies aren't elected and should not be going in this direction." Reuters
     
    GregorySG9 and Nobert like this.
  2. Elewood1

    Elewood1

    There can be a possibility that he will regret this decision
     
    Nobert likes this.
  3. Nobert

    Nobert

    CEO's might come & go. With a new one, - new winds arise, like with the pope in Vatican.
     
    Elewood1 likes this.
  4. Trader Curt

    Trader Curt

    Who gives a shit?
     
  5. Elewood1

    Elewood1

    Well said Point noted!
     
    Nobert likes this.
  6. Carlll

    Carlll

    I find that it is very questionable if Apple and also all other global companies will follow FB with crypto currencies. It is no question that cryptos are not his favourite assets, but it is questionable if in the future Apple will be able to sustain its competitive role without crypto.
     
  7. dealmaker

    dealmaker

    check out "Libra Woes" thread, Facebook is facing hurdles....