I think that's why he said diversified portfolio. Biggest share of investment in to a safe fund, smaller portion in a higher risk but higher returns fund... and money you can afford to lose in crypto.
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Tim Cook Reveals He Owns Cryptocurrency and Has Been 'Interested in It For a While'
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Billionaire wants to make more money by investing. That’s funny.
Very unfortunate that Tim has invested in a neo-fascist pyramid scheme and is potentially profiting from the chaos, corruption, scams and extremism that it is financing.
Crypto people want your real dollars and in exchange they give you their fake bucks. Remember that.
And who are behind the big crypto people? Their investors and fossil fuel companies who profit from energy intensive mining. Where do the big crypto people store all the money they steal from the public? Off shore banks.
Crypto people want your real dollars and in exchange they give you their fake bucks. Remember that.
And who are behind the big crypto people? Their investors and fossil fuel companies who profit from energy intensive mining. Where do the big crypto people store all the money they steal from the public? Off shore banks.
So far though, given medium-long term timeframes, Bitcoin has only gone up. You only have to "play the market right" if you are looking for short term gains.
And as for the business world looking down on it, they'll soon be looking up from the bottom I think... It's going to be like the USPS looking down on email.
We have to pay through the nose for Apple’s green drive whilst Tim coins off of carbon intensive crypto.
The man is a hypocrite.
Apple including a secure crypto wallet to iPhones would let them be a pioneer in the field, cut off Facebook and others from owning this verified "stuff you own" layer, and add a lot of credibility to crypto and NFTs. The value of NFTs is that digital things can now have scarcity for the first time. It's what allows cryptocurrencies to exist. Whether it's a Bitcoin or an image or a music file or a video or a plot of land in VR (or in real life... there are notaries using NFTs).... there is provenance. You know how many were minted, where and when, and which number you have. While you didn't know which copy of any file you had before (they were fungible and all exactly the same), you can now know for sure that you have 1 of 1 (or 24 of 2000.... whatever). Apple should tie the display of verified NFTs in a Secure Enclave tied to your biometrics (FaceID).
First coin with a notch so you immediately identify it as an Apple coin from a block away.
Ahh yes..
Mr "green environment man" owns crypto
Perfectly hypocritical and about what I would expect from Cook.
Mr "green environment man" owns crypto
Perfectly hypocritical and about what I would expect from Cook.
The greed level with this stuff is off the charts. I just worry that they lump this crazy **** in with the S&P, which puts everything on notice.
Right there with you. What did Matthew Mc say in Wolf of Wall Street? Fugazi? Just some made up value and at the end it's really nothing.
The two are different things. It’s a good thing companies try to be green.
Why not? stop billionaire shaming LOL
How would you even know if the crypto he owns is green or not?
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If you think its nothing and produces nothing then I would encourage you to read up on it more as you are missing a lot of info. There is a reason why a lot of companies are investing heavily in crypto.
I can see Apple working on crypto, couldn't you? That would be a helluva way to mainstream it.
I saw what they aired on CNBC for Dummies.
It appeared to simply be a "spin session" for Tim, nothing more, nothing less.
The guy asking the questions appeared mostly clueless.
It appeared to simply be a "spin session" for Tim, nothing more, nothing less.
The guy asking the questions appeared mostly clueless.
I'm not sure why you think it cannot be "carried" - in that sense it's similar to national currencies which are already mostly digital. I don't carry my bank account around with me, only cards (and the occasional bit of cash- but that's the same thing really, the paper isn't worth anything and is just a convenient representation of value). Crypto is "nothing" in the same way that a square piece of plastic debit card is "nothing".
As far as stashed away in a safe, there's a flipside to that. If your house is about to be destroyed, is it easier to take your stack of gold bars from a safe with you, or take whatever it is that lets you access your bitcoin?
Apple CEO Tim Cook publicly for the first time today revealed that he has personally invested in cryptocurrency and that he's been interested in it "for a while."
The comments came during Cook's appearance at The New York Times "DealBook" summit, where Cook was questioned on privacy, sideloading, and more.
Answering whether he owns any cryptocurrency, Cook replied, "I do," adding that "it's reasonable to own it as a part of a diversified portfolio. I'm not giving anybody investment advice, by the way." Cook said that Apple has no "immediate" plans to accept cryptocurrency as a means of payment for its products or within Apple Pay.
Despite the company's lack of "immediate" plans to get involved in the world of cryptocurrency, Cook did say that it's something Apple is "looking into." Cook said that Apple has no plans to invest in cryptocurrency given his belief that "people [don't] buy Apple stock to get exposure to crypto. So if they want to do that, they can you know, invest directly in crypto through other means."
Speaking on the growing popularity of NFTs, Cook says it too is also "interesting" but that it will "take a while to play out in a way that is for the mainstream person."
Article Link: Tim Cook Reveals He Owns Cryptocurrency and Has Been 'Interested in It For a While'
Satoshi!
The whole financial system could be a giant pyramid scheme. The positive side of Cryptocurrency is the poor and the unbanked in third world countries can have access to the financial system.
Oh and the green energy like Lithium mining for batteries and Silver mining for solar panels are also destroying our planet and guess what! nobody is talking about it.