Apple CEO Tim Cook invests on Crypto

[romero121]

Apple CEO Tim Cook have invested on cryptocurrency. He has disclosed it in a recorded interview. He mentioned it as part of his diversified portfolio. His investment was from his personal point, and Apple doesn't have any plans of investing/accepting cryptocurrency. This is a big news, and were into discussion around the social media platforms. Majority of the huge company CEO's own crypto. This is a big thing and an indication of growth of cryptocurrency network.

Source : The Verge

[Yogee]

...His investment was from his personal point, and Apple doesn't have any plans of investing/accepting cryptocurrency.

The man trying to play it safe unlike someone who loves dogs that we all know. He is wary of the price volatility that's why he doesn't want to risk the company and I think that's okay. It still opens up the possibility of future crypto or blockchain integration into Apple as also mentioned in the article.

[ChiBitCTy]

I have been reading about it all day. Every single news outlet has been posting it on all of my social media sites. This is a pretty damn big deal in my opinion.  This could certainly mean that apple could eventually start implementing things having to deal with crypto , would be so huge!

[sheenshane]

I have read it here there's a lot of good news around now on crypto and most especially adopting, investing, and legalizing Bitcoin.  It seems there's a big pump that will come, isn't it?

But on his statement said, "for a while" means he diversified his investment for a while and might he knows that Bitcoin was keep growing and growing the price each day, it might they aren't long term holders.  However, this is still good news IMO.

[Darker45]

I have a suspicion that people who are fully immersed in technology such as Apple's Tim Cook or Facebook's Zuckerberg and others have already detected Bitcoin on their radar much earlier. It is next to impossible they haven't encountered Bitcoin early on. Many of them must have bought Bitcoin, albeit secretly. Perhaps to avoid stirring up the hornet's nest. Coming out is easier nowadays with Bitcoin more accepted than ever. It would be interesting to know how long this “for a while” of Tim Cook is.

Anyway, Tim Cook is in. There's no reason why the ordinary Juan remains hesitant.

[Obito]

I have been reading about it all day. Every single news outlet has been posting it on all of my social media sites. This is a pretty damn big deal in my opinion.  This could certainly mean that apple could eventually start implementing things having to deal with crypto , would be so huge!

Of course it's a big deal, the CEO of the biggest company that sells phones that are relatively cheap in terms of their functionality and people still ate up all of it anyway. Read the OP, Tim Cook's investment in crypto doesn't reflect what the company is going to do in the future so it's unlikely their going to be messing with any of it. It might influence their decision but given that their shareholders are all old relics, I think that crypto will have a hard time being considered to be a part of.

[molsewid]

I have a suspicion that people who are fully immersed in technology such as Apple's Tim Cook or Facebook's Zuckerberg and others have already detected Bitcoin on their radar much earlier. It is next to impossible they haven't encountered Bitcoin early on. Many of them must have bought Bitcoin, albeit secretly. Perhaps to avoid stirring up the hornet's nest. Coming out is easier nowadays with Bitcoin more accepted than ever. It would be interesting to know how long this “for a while” of Tim Cook is.

Anyway, Tim Cook is in. There's no reason why the ordinary Juan remains hesitant.

Most probably mate, they are one of those people who have detected bitcoin in it's early stage but they choose to know more deep about the technology before they dive in and make a move of investing in it. They are those people who were can we say a tech savvy people so it is so impossible that they might know this technology recently, I think Tim Cook and Zuckerberg just working on it secretly not just like Elon Musk who was vocal on crypto platform earlier this year. The more high profile people open up about crypto the more the crypto become well-known and I can feel that we are one step ahead to see the a more brighter future of crypto.

[so98nn]

...His investment was from his personal point, and Apple doesn't have any plans of investing/accepting cryptocurrency.

The man trying to play it safe unlike someone who loves dogs that we all know. He is wary of the price volatility that's why he doesn't want to risk the company and I think that's okay. It still opens up the possibility of future crypto or blockchain integration into Apple as also mentioned in the article.

Yeah this is a good point. Apple is big venture now and one of the finest tech industries with lavish offices around the globe. I think even the slightest news stating that Apple is going to invest in the crypto integration then it could change the whole story for us. Apple is already known for its Apple Pay services and wallet integrations on every device. The ecosystem goes way beyond that and help you make transaction right from any device where you are logged in with your apple ID.

There are big chances that apple could just have bitcoin and eth payment for their clients. Before that why not to buy shares when its cheap and when this news drive their fans nuts they will be first to sell. Lolz. Well on the serious note, its really possible. 

[avikz]

Apple CEO Tim Cook have invested on cryptocurrency. He has disclosed it in a recorded interview. He mentioned it as part of his diversified portfolio. His investment was from his personal point, and Apple doesn't have any plans of investing/accepting cryptocurrency. This is a big news, and were into discussion around the social media platforms. Majority of the huge company CEO's own crypto. This is a big thing and an indication of growth of cryptocurrency network.

Source : The Verge

These people have access to excess money. These money comes from us who buys China made iPhones at US made pricing. So it's no wonder that Apple is a trillion dollar company and a CEO of the company, Tim gets a handsome bonus which basically sits in his account making zero inflation adjusted profit. So people with such deep-pocket are exploring options to invest their money elsewhere and considering the performance of crypto, there's no better choice right at this moment.

So what Tim Cook did, is just a wise step to make use of his unused money in the best possible way! While it's not a news which will impact bitcoin super positively, but possibly win some trust of common mass. Nothing major!

[Poker Player]

It still opens up the possibility of future crypto or blockchain integration into Apple as also mentioned in the article.

It still opens up the possibility of future crypto or blockchain integration into Apple as also mentioned in the article.

This could certainly mean that apple could eventually start implementing things having to deal with crypto , would be so huge!

That would be the most normal scenario, wouldn't it? It would be very rare for him to consider Bitcoin as a good investment for himself and not for his company.

I have read it here there's a lot of good news around now on crypto and most especially adopting, investing, and legalizing Bitcoin.  It seems there's a big pump that will come, isn't it?

Yes, we are seeing a steady trickle of good news. If we don't have some unexpected FUD like the miners' crisis in China this year, it is normal for the price to go up in these two months left to the end of the year.

[Reatim]

Apple CEO Tim Cook have invested on cryptocurrency. He has disclosed it in a recorded interview. He mentioned it as part of his diversified portfolio. His investment was from his personal point, and Apple doesn't have any plans of investing/accepting cryptocurrency. This is a big news, and were into discussion around the social media platforms. Majority of the huge company CEO's own crypto. This is a big thing and an indication of growth of cryptocurrency network.

Source : The Verge

Looking at this? seems like Tim is trying to play safe and wondering what would be the community reaction to this one and if there is a good outcome then maybe Apple Itself will enter crypto as well.
He is a clear starter of the company even if he literally denied the fact that apple is involved in this decision yet why need to broadcast? meaning they are gathering reactions from the majority of the people specially apple supports/users.

[dothebeats]

I respect his decision to not include the company in his personal investments, unlike some other CEO out there who uses the name of his ventures, putting those too at risk just because he wants to prove a point and chase clout to gain more attention. Though again this might just be testing the waters and gauging public reaction on what he does as an individual connected to an important company. It’s good that more and more big names are starting to venture towards crypto little by little. At the least, they are seeing other possibilities on crypto aside from the traditional investments than they’re used to for the longest of time.

[DeathAngel]

Hyperbitcoinisation, it’s only a matter of time now until the world is fully submerged. We are at a stage now where it is way more risky to have zero exposure to bitcoin.

[kryptqnick]

Looking at this? seems like Tim is trying to play safe and wondering what would be the community reaction to this one and if there is a good outcome then maybe Apple Itself will enter crypto as well.

I'm not sure that investing at ATH is 'playing safe'. It's just a FOMO train, and I don't think Bitcoin can keep going without ever crashing. Once it does, these newcomers that poured so much money at such a high price point will be very disappointed and probably lose a lot because of engaging in panic selling and not willing to wait for what can be years before the next bull market. Maybe he invested a while ago, and then it's a different story, but buying when the price is at its highest is never safe. I hope Bitcoin doesn't crash, and they (people like Tim Cook) don't start talking trash and lobbying anti-crypto legislation because of the bad timing of the investment.

[tranthidung]

Months ago, we had news about Apple.

• Apple Is Looking for Crypto Experience in 'Alternative Payments' Job Post
• Archive

I am not surprised to know the CEO of Apple invested in crypto. It is inevitable trend that billionaires especially tech-made billionaires start to invest into crypto.

It would be triggers for such Big-Tech to start their developments to adapt to the evolution of blockchain industry.

Expanding it further, do you guys know that the old gaming company, EA sports recognized the game-changing potential of NFT for gaming industry.

• EA calls NFT and blockchain games 'the future of our industry'

[Woodie]

This is big news for crypto to be honest, and the fortunate part is Tim Cook might want to clear the air by trying to separate his business deals from his personal  investment ventures but many might see this to have potential influence on the current company his working for to do something crypto related which means Apple could have something for the crypto world on its radar. This is bullish news if you ask me ...

Having Cook on cryptos side is a big win, as this means we have Apple in our corner too

[TheNineClub]

I kinda think that a lot of those types of investors have held BTC fir longer than we think, they just value the privacy of their investments more than shouting from the rooftops. I mean, more and more will start coming out with it, but it would be false to assume that all of them just now got to it. I don't know, just my 2 cents.

[cheezcarls]

And all of a sudden, more big names are starting to acknowledge and embrace Bitcoin. Although that cryptocurrencies can’t please everybody like China, massive adoption can’t be stopped no matter how slow or fast it will be.

[SFR10]

Source : The Verge

For some reason, it redirects to a page with their logo ^{[instead of the article]}... You might want to replace it with "this" one instead.

He mentioned it as part of his diversified portfolio. His investment was from his personal point, and Apple doesn't have any plans of investing/accepting cryptocurrency.

I would've been more surprised to see him ^{[or any other billionaire]} not having BTCitcoin or other cryptocurrencies as part of their "diversified portfolio" and I think the following part might have a bigger impact than what he said in the above quote:
^{- I'm having mixed feelings about it but hopefully, introducing another centralized coin isn't part of their plans!}

• But the CEO did tease that “there are other things that we’re definitely looking at” when it comes to cryptocurrency, without announcing any specific plans.

[slaman29]

Why do we care about another rich guy who only buys crypto but doesn't use it? As OP says it's just a personal point, nothing to do with Apple investing or planning to make crypto use a part of their company policy.

This is not an indication of crypto growth just an increase of crypto ownership. Not a bad thing but not the same as "mass adoption".