Apple CEO Tim Cook shares his three-year Bitcoin experience

@Zander
Don’t be silly.

Sutton said:
The best outcome would be for Apple to add crypto features to the iPhone.

It will never happen

Sutton said:
The best outcome would be for Apple to add crypto features to the iPhone.

Sadly, he said in the interview that Apple has no plans for this. They do allow crypto wallet apps though.

Tim Cook prepared behind the scenes, now it’s time to add BTC to Apple Pay.

xxxmeezy said:
Tim Cook prepared behind the scenes, now it’s time to add BTC to Apple Pay.

I doubt this will happen. Even Apple Pay uses major banks for transactions. The Apple credit card is actually through a third party; they don’t process their transactions.

Maybe there could be a crypto credit card via another service, but otherwise, it would just work with a QR code or something similar.

@Jace
If Apple created their own Level 2 payment service, they could successfully set up a consumer-facing blockchain system. They could even create a Proof of Stake system verified by any Apple device. The only thing holding them back is regulations.

xxxmeezy said:
Tim Cook prepared behind the scenes, now it’s time to add BTC to Apple Pay.

Yeah, but what about transaction fees and delays? This won’t happen for a company like Apple.

xxxmeezy said:
Tim Cook prepared behind the scenes, now it’s time to add BTC to Apple Pay.

Can you imagine, BTC with Apple Pay? All those crazy predictions would seem more realistic.

xxxmeezy said:
Tim Cook prepared behind the scenes, now it’s time to add BTC to Apple Pay.

They won’t do this, but if they did, it would likely be with a partner like Coinbase. It would probably just be custodial BTC.

xxxmeezy said:
Tim Cook prepared behind the scenes, now it’s time to add BTC to Apple Pay.

Oh yes, because time and again we see people wanting to spend their Bitcoin for $1-3 fees.

Here comes the counterargument about lightning.

xxxmeezy said:
Tim Cook prepared behind the scenes, now it’s time to add BTC to Apple Pay.

If that happens, it would be a game-changer.

Cook made some nice gains

Oswin said:
Cook made some nice gains

He really knows how to make money.

Oswin said:
Cook made some nice gains

Let him keep cooking

What is this fake news? Did you mean to say three years ago, Tim said he had crypto?

Tim Cook thinks Bitcoin is interesting, but Apple won’t touch it anytime soon.

Microstrategy is up 9 billion, so it’s your choice whether to stay behind.

Hannah said:
Tim Cook thinks Bitcoin is interesting, but Apple won’t touch it anytime soon.

Microstrategy is up 9 billion, so it’s your choice whether to stay behind.

Yeah, Apple will never make 9 billion!

@Daryn
Why would they invest so little? We’re talking about Apple, not Microstrategy.

Hannah said:
Tim Cook thinks Bitcoin is interesting, but Apple won’t touch it anytime soon.

Microstrategy is up 9 billion, so it’s your choice whether to stay behind.

Stay behind? Apple has gained about 600 billion in the last half year.

Hannah said:
Tim Cook thinks Bitcoin is interesting, but Apple won’t touch it anytime soon.

Microstrategy is up 9 billion, so it’s your choice whether to stay behind.

LOL