Today, at the New York Times DealBook Online summit, Apple CEO Tim Cook revealed his personal views on cryptocurrencies. Tim Cook said that investing in cryptocurrencies makes sense as part of a diversified portfolio. And he added that he personally invests in cryptocurrencies.
Tim Cook said in a statement that he invested in Bitcoin and Ethereum and continues to hold them now. According to Tim Cook, it makes perfect sense to have cryptocurrencies as part of a diversified portfolio.
I can say that the statements made by Tim Cook, the CEO of Apple, the second-biggest public company in the world and the world's second most valuable brand, regarding cryptocurrencies are very important.
Considering Tim Cook's position, many in the Business world follow him very closely. In addition, I can say that many countries' state administrators related to economy or finance follow him. When we look at it this way, we can see how important and encouraging Tim Cook's words were.
Tim Cook was also asked about Apple's plan regarding crypto. Tim Cook said that Apple has no plans to invest in cryptocurrencies yet. But a few months ago, Apple is known to have posted job postings to recruit experts in crypto and blockchain. I know that in the future, if not now, Apple will have to enter the crypto market. Because the participation in the crypto market is increasing day by day, so whether they want it or not, giant companies will have to enter this giant market.
In short, considering Tim Cook's position, his statements about cryptocurrencies are very important. And considering the people who follow him, his statements and views on cryptos will accelerate participation in the crypto market.