Crypto Twitter has exploded with talk that Apple will soon announce a Bitcoin purchase in the billions of dollars.
I wouldn’t agree that there was any virtual explosion here, because that tweet is almost a week old, and if I’m not mistaken this is the first post about it on the forum. In other words, this has not achieved nearly as much success as those behind it had hoped, and the reason is that it is not easy to sell people lies today - unless of course you are EM and have almost 60 million followers who will believe everything.
As for Apple and Bitcoin, I think they are in a much more unfavorable situation when it comes to the owners of their shares, and among them, there are those who do not really appreciate BTC (Berkshire Hathaway Inc - 5.82%). Yet in the article I found a very interesting observation that says the following :
"Apple’s install base in 1.5B, and even if we assume only 200M users would transact, this is 6.66x larger than Square. Therefore, the potential revenue opportunity would be in excess of $40 billion a year (15% incremental top-line opportunity).”
If there is truth in this, it does not seem logical to me that Apple will stay aside forever, because it is not very wise to turn its back on so much profit - of course, I am not talking about investing in BTC, but about integrating cryptocurrencies into their business.