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Tech Giant Apple CEO Tim Cook Say No To Cryptocurrency

Written by: Qadir AK

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Oct 4, 2019

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In an interview with French financial newspaper Les Echos, chief executive officer of tech giant Apple. Cook claimed that “I really think that a currency should stay in the hands of countries. I’m not comfortable with the idea of a private group setting up a competing currency,” 

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Recently, The company Pay vice president Jennifer Bailey said that the company is planning to launch a cryptocurrency. But Tim seems to have put this plan to the rest. Tim said that “ We elect our representatives to assume their governmental responsibilities. Companies aren’t elected and should not be going in this direction.”

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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