Apple CEO Tim Cook invests on Crypto

[000sghosh]

Apple doesn’t currently have any cryptocurrency products or services. It does allow crypto wallet apps on its iPhone App Store, but it also prohibits mining apps.

[Lucius]

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

Why is it big news that a man you didn't even know his name until today invested in cryptocurrencies, and Bitcoin is not mentioned anywhere? A man may have invested a few hundred or a thousand $ in some altcoin, and some call it great news, completely ridiculous from my perspective.

Who knows what's next in the Apple story, Tim Cook is trying to convince Warren Buffett that Bitcoin is a good thing

[fiulpro]

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

Pointing out how apple doesn't have anything to do with it might be a good idea, this way people won't get influenced in the wrong way and start doting the whole company regarding bitcoins. The whole point of investing in different areas is making sure your assets are safe and diversified, cutting the losses. This is an important step since if this went well so maybe in the future the company might look at this as a promising sector. More people would be positively influenced by his actions for sure.

-Other than that he is not alone in that, there are many people selling their traditional assets for getting hold of Bitcoins, people literally sold gold, people who were against cryptocurrencies like bitcoins. Therefore we might see a boon in the future for sure.

[Smartvirus]

Its not very surprising to have companies or in this case, persons like this come around on a crypto investment. Its something that is bound to happen but, only a question of when (time). Its a win for cryptos even though, its not based on the company accepting cryptos  and maybe in time, the company might see the need for some cryptos in there portfolio.
When it comes to diversification of investments, its a necessity and every bilusiness minded individual would be doing themselves a favour or the organisation they represent to look towards some crypto investments. Its a necessity now than ever to avoid stories or how they could have jumped on it.

[DarkDays]

...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.

You're right, future integration with crypto is never off the table, just something that needs to be taken with care since at the end of the day Apple has to satisfy its investors. I should mention that with the retail trends joining hands with the crypto space, I do not envision Apple to sit on the sidelines. Though, timing is something that I suppose can't be agreed on yet, as Tim pointed out.

Either way, I do not think it's negative for crypto, the man covered what needed to be said to ensure the safety of his company. Still it is nice to see most of these business men are not ignoring the sector and are giving some thought to it!

[freedomgo]

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.

Bitcoin is still good enough even without China around. And with its high demand coming from big institutions, this will all lead to its massive adoption in the long run. No matter if it will be fast or slow, as long as it is slowly adopted in some parts of the world, then it will still be win win scenario for bitcoin in the end. And knowing all these big names are starting to embrace bitcoin, i think we will see it more often as it becomes more popular and a lot of people are now starting to identify bitcoin.

[dunfida]

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

Crypto is for everybody and anyone could freely make out decisions whether they do take engagement or involvement or totally avoid it because we do have different stance and perceptions towards it.

We could freely make out decisions because its our own will whether we do buy or not and this one involves those people who are in big companies
which would really able to boost up even more in terms or exposure.

Wont be surprised if other big companies and personalities would really do the same as we do go ahead.

[Kemarit]

...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.

It's understandable, his personal portfolio should be separated from his company.

And I also believed that Tim might have been in bitcoin even before this massive spike, probably during last the last bull run of 2017.

It could be good if Apple will accept it as payment scheme, but Bitcoin's volatility is one drawback that Tim is looking.

[crwth]

This is excellent news, IMO. For sure, for personal reasons, there's nothing wrong with investing in a speculative asset like BTC, but for an enormous company like Apple, I don't think it would be that easy to adopt it or something. But TBH, if Tesla can do it, I think they can too, right? Not sure about the laws there, but still, I think it can be done.

[wajik-tempe]

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

Was also saw an apple job vacancy that they need a blockchain developers, i think apple started to realize that bitcoin and cryptocurrency will have a special place in the future, so as a big giant tech company they have to prepare to reasearch more about cryptocurrency and create something goodi n the future.
These made us more confident with cryptocurrency future and undoubtly invest more on crypto.

[Wawa2013]

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.

To be honest I'm not surprised that Apple's CEO admits to investing in crypto personally, because even Elon Musk can invest in crypto, surely other
big company CEOs will follow too. Maybe now some big company CEOs have invested in crypto but secretly, or even many CEOs of large companies
are interested in crypto after seeing the very rapid increase in the price of Bitcoin. Whatever the reason, more and more people are investing in crypto
this is good news, because crypto is getting more and more people's trust. I understand Tim Cook's statement that he is investing in crypto doesn't
mean Apple will buy crypto either. But I'm sure that sooner or later Apple will follow in Tesla's footsteps, I imagine if Apple suddenly officially said it
would adopt Bitcoin, surely the price of Bitcoin will rise very high, I hope my wish can come true.

[Reatim]

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.

He might be New in investing but he is not new in this world, Tim is a Tech person and understand blockchain deeper than us so I'm sure he knew the consequences of Investing in Hyping market and in dumping .

meaning he knew that the growth will continue (according to His assessment of course)

so in valuable thoughts he invested because he trusted the market with good outcome these days or maybe he is aiming for years of Holding so he care nothing if investing in pumping or dumping market.

[titular]

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.

I am very confident that Tim Cook did not buy at an all-time high. Guys like this buy bitcoin in the dark to avoid stirring up issues with their counterparties.

I would not be surprised at all that he has been holding for quite some time. Maybe not sub 1k lengths, but enough to be confident in an investment.

[blackened515]

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.

I think the same, there are probably more people who are really into Bitcoin. But they won't disclose it to the public. Most government officials also invest secretly into Crypto. However, Tim Cook surely took a good step by Investing in Crypto.

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.

Bitcoin have a bright future, and those who don't invest now might end up regretting. Just like those who knew about Bitcoin 10 years ago, but didn't invest because they literally thought it was worthless. Am not surprised seeing big names partaking in Crypto Investment. While, Bitcoin can't definitely please everyone, some people won't ever like it. But that will not Bitcoin from growing.

[LyJones]

This is really good news, because it can bring new heat to Bitcoin. Cook is a well-known person and has many followers, so that more people can know about cryptocurrency. This is the success of cryptocurrency. Hope to see more similar news in the future.

[worle1bm]

Slowly they all are disclosing their investment and i also heard somewhere that Tim cook revealed about his investment in bitcoin and eth and there is no surprise in that because they always have plans to make early investment and he didn't disclose the amount as they don't want to tax the gains.Majority of big names would be holding these coins and will disclose them with time and till the time they are enjoying their gains and we also don't know in which year they have been part of it.First they opposes it and then they are the ones who invest in them.

[AakZaki]

Anyone can invest in cryptocurrencies from his personal point of view. Even if it's an Apple CEO or other company leader, it's a natural thing. Tim Cook said himself that crypto investments were only made of his personal will and it was clear that Apple had no intention of adopting crypto.

But even so, when a CEO of today's biggest smartphone starts to get into crypto, of course more and more influential people in the world are starting to get into crypto and this is good news for crypto.

Cryptocurrencies get a lot of support from various world leaders and many ordinary people are starting to get to know crypto and invest in it.

[Natalim]

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

That it really comes into their mind how crypto changes finances. This guy looks positive that crypto investment is more profitable with less work than running a business. Those who are in known and big companies had certainly had a glimpse what really the status of Bitcoin in the future and that might they found out that it is greatly growing.

Can't be surprising to have this news as I know that some known personalities are just quiet and keeping anonymous.

[Ryker1]

[snip]

That it really comes into their mind how crypto changes finances. This guy looks positive that crypto investment is more profitable with less work than running a business. Those who are in known and big companies had certainly had a glimpse what really the status of Bitcoin in the future and that might they found out that it is greatly growing.

Can't be surprising to have this news as I know that some known personalities are just quiet and keeping anonymous.

Well, the fact that I was thinking right now was that perhaps investors are opened their minds for the opportunity because as I have seen and heard recently, individual and institutional investors are now looking forward to bitcoin investment and look at this Apple CEO, he diversified his portfolio into a good one and I think he will not regret once seeing the price was increase and no doubt it will happen since there is a lot of good news that we have on crypto right now.

[arwin100]

[snip]

That it really comes into their mind how crypto changes finances. This guy looks positive that crypto investment is more profitable with less work than running a business. Those who are in known and big companies had certainly had a glimpse what really the status of Bitcoin in the future and that might they found out that it is greatly growing.

Can't be surprising to have this news as I know that some known personalities are just quiet and keeping anonymous.

Well, the fact that I was thinking right now was that perhaps investors are opened their minds for the opportunity because as I have seen and heard recently, individual and institutional investors are now looking forward to bitcoin investment and look at this Apple CEO, he diversified his portfolio into a good one and I think he will not regret once seeing the price was increase and no doubt it will happen since there is a lot of good news that we have on crypto right now.

They are looking forward on it knowing that bitcoin already gain its value and that's what the investor look at it that's why expect that aside from him there will be more institutional investor will came and maybe in future we can completely see the integration of it on their platforms as one of the payment option and this will be more great things to happen on bitcoin since provably we can see this one rise up for more if more demand will come on it in institutional investors side.