Apple will not use cryptocurrencies yet, but is studying them

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Digital currency or digital money on the Internet is a medium of exchange other than real money that has properties similar to physical currencies and allows instant transactions and transfer of property without borders. They can be used to buy physical goods and services, although they can also be restricted to certain communities such as within a social network or online games.

Digital currencies like bitcoin are known as ‘decentralized digital currencies’, which means that there is no central point that controls the money supply. But without a doubt they are making more and more progress in the current technological – and labor, and commercial – reality. At the moment we do not know how far its penetration will reach, but we do know that Apple will not support its services in the immediate future.

Apple and cryptocurrencies

In an interview granted to the American newspaper The New York Times, Tim Cook, the CEO of Apple, has indicated that “I have been interested in cryptocurrencies for a while now. […] I think it is reasonable to have [criptomonedas] as part of a diversified portfolio ”. The manager claims to have investigated the matter, and believes that “it’s interesting “, although he qualifies that he sees it like this “from a personal point of view” He added that he did not intend to give investment advice.

Asked about the arrival of cryptocurrencies to Apple tools such as Apple Pay payments or the company’s own actions, Cook has acknowledged that It is something that Apple itself is studying, but what they do not have “immediate plans” to launch this novelty: “I do not plan to bring cryptocurrencies to our products in the immediate future.”

Therefore, it seems that we will still take a reasonable time to be able to use our Bitcoin or Ethereum digital wallet for Apple Play or as tokens in Apple shares. Although, will they end up arriving?

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