Tim Cook opened up about his personal interest in crypto but shuts down the possibility of adding Bitcoin as an Apple payment method
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During a New York Times DealBook press event, Tim Cook recently spoke candidly about his personal interest in cryptocurrency. Answering a question about his personal stake in crypto markets, and whether or not he owned Bitcoin and Ethereum, Cook had this to say: "I do. I think it's reasonable to own it as part of a diversified portfolio."
However, the Apple CEO quickly dashed hopes that this might translate into a greater integration of crypto into Apple's ecosystem. Cook stated that his interest in crypto was "personal," and that Apple had no plans of either accepting cryptocurrency as a payment method, or even of Apple itself investing in cryptocurrency currency markets.
The irony here is that it is indeed possible to buy Apple products with Bitcoin right now, just not from Apple. Companies like Newegg have already started accepting cryptocurrency as valid tender. The country of El Salvador has even made Bitcoin its official currency. While Cook's interview indicates that Apple isn't currently interested, it could just be a matter of time before Bitcoin or Ether become valid Apple payment methods.