Apple Will Not Create Its Own Digital Currency Like Facebook, Says CEO

NEWS

Image for post
Image for post

Cook “not comfortable” about firms creating money

Speaking in an interview with French media magazine Les Echos on Oct. 4, Tim Cook poured cold water on the idea that Apple could release its own currency tokens.

Image for post
Image for post

Apple pits itself against bitcoiners

In addition to jarring with Apple Pay executives on cryptocurrency interest, Cook will likely rile cryptocurrency proponents by believing that governments should control money.

Image for post
Image for post

Written by

WORLDS FIRST SECURE, INTERFERENCE-FREE, COMMUNICATIONS SYSTEM TO PROTECT YOUR PRIVATE DIGITAL ASSETS AND DATA.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store