{"id":180962,"date":"2019-10-05T12:25:38","date_gmt":"2019-10-05T09:25:38","guid":{"rendered":"http:\/\/ww-vb.mine.nu\/w108\/apple-ceo-tim-cook-made-a-serious-bitcoin-rival-warning\/"},"modified":"2019-10-05T12:26:10","modified_gmt":"2019-10-05T09:26:10","slug":"apple-ceo-tim-cook-made-a-serious-bitcoin-rival-warning","status":"publish","type":"post","link":"https:\/\/hameed.nwar.uk\/sa\/apple-ceo-tim-cook-made-a-serious-bitcoin-rival-warning\/","title":{"rendered":"Apple CEO Tim Prepare dinner Made A Critical Bitcoin Rival Warning"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div _ngcontent-c16=\"\" innerhtml=\"&lt;p&gt;&lt;a href=&quot;https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/09\/30\/bitcoin-ethereum-ripples-xrp-litecoin-and-eos-suddenly-roar-back\/&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;Bitcoin has soared this year&lt;\/a&gt; as rumors swirl that some of the world's biggest technology companies, including &lt;a href=&quot;https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/09\/09\/apple-reveals-shock-bitcoin-and-crypto-interest-ahead-of-hyped-iphone-11-event\/#140d4c983e77&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;Apple&lt;\/a&gt;, &lt;a href=&quot;https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/08\/15\/new-samsung-galaxy-s10-and-note10-models-suddenly-get-surprise-bitcoin-upgrade\/&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;Samsung&lt;\/a&gt;, &lt;a href=&quot;https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/07\/21\/facebooks-libra-is-already-ahead-of-ethereum-litecoin-and-ripples-xrp-but-not-bitcoin\/&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;Facebook&lt;\/a&gt;, and &lt;a href=&quot;https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/05\/22\/twitters-jack-dorsey-and-square-are-making-mass-bitcoin-adoption-inevitable\/&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;Twitter&lt;\/a&gt;, are taking an interest in cryptocurrencies.&lt;\/p&gt;&lt;p&gt;&lt;a href=&quot;https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/09\/30\/bitcoin-ethereum-ripples-xrp-litecoin-and-eos-suddenly-roar-back\/&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;The bitcoin price&lt;\/a&gt; leaped &lt;a href=&quot;https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/06\/26\/bitcoin-is-this-time-different\/&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;around 200% over the first six months of the year&lt;\/a&gt; largely due to social media giant &lt;a href=&quot;https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/10\/02\/facebooks-worst-nightmare-is-coming-true\/&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;Facebook's now crumbling plans to launch its own private bitcoin rival, libra&lt;\/a&gt;. &lt;\/p&gt;&lt;p&gt;Meanwhile, &lt;a href=&quot;https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/09\/09\/apple-reveals-shock-bitcoin-and-crypto-interest-ahead-of-hyped-iphone-11-event\/#140d4c983e77&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;iPhone-maker Apple raised eyebrows last month when one of its executives said it's &quot;watching&quot; cryptocurrencies&lt;\/a&gt;, but Apple chief executive Tim Cook has now poured water on expectations it could be planning its own bitcoin rival\u2013and warned against companies creating their own currencies. &lt;\/p&gt;&lt;figure class=&quot;image-embed embed-0&quot; role=&quot;presentation&quot;&gt;&lt;div&gt;&lt;img src=&quot;https:\/\/specials-images.forbesimg.com\/imageserve\/1173664856\/960x0.jpg?fit=scale&quot; alt=&quot;Apple, Tim Cook, bitcoin, bitcoin price, image&quot;  data-height=&quot;2472&quot;  data-width=&quot;3468&quot;&gt;&lt;\/div&gt;&lt;figcaption&gt;&lt;fbs-accordion&gt;&lt;p class=&quot;color-body light-text&quot;&gt;Apple chief executive Tim Cook has warned companies should not be looking to launch bitcoin rivals. &lt;\/p&gt;&lt;small&gt;Getty Images&lt;\/small&gt;&lt;\/fbs-accordion&gt;&lt;\/figcaption&gt;&lt;\/figure&gt;&lt;p&gt;&quot;I really think that a currency should stay in the hands of countries. I\u2019m not comfortable with the idea of a private group setting up a competing currency,&quot; Cook &lt;a href=&quot;https:\/\/www.cnbc.com\/2019\/10\/03\/tim-cook-weighs-in-against-launching-an-apple-cryptocurrency.html&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;reportedly&lt;\/a&gt; told &lt;a href=&quot;https:\/\/www.lesechos.fr\/tech-medias\/hightech\/pour-tim-cook-le-patron-dapple-certains-gafa-ont-sans-doute-ete-arrogants-1137197&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;Les Echos&lt;\/a&gt;, a French financial newspaper.&lt;\/p&gt;&lt;p&gt;Cook's comments come as Facebook's libra project faces opposition from countries and regulators around the world, with online payment provider PayPal yesterday pulling its support for libra. &lt;\/p&gt;&lt;p&gt;Facebook had assembled 28, now down to 27 without PayPal, companies to form the so-called Libra Association, including ride-sharing app Uber, and payments giants Visa and Mastercard, to help govern the private currency.&lt;\/p&gt;&lt;div class=&quot;vestpocket&quot; vest-pocket&gt;&lt;\/div&gt;&lt;p&gt;&quot;A private company shouldn\u2019t be looking to gain power this way,&quot; Cook added, in a thinly-veiled warning to Facebook.&lt;\/p&gt;&lt;p&gt;Earlier this year, &lt;a href=&quot;https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/07\/12\/bitcoin-steady-despite-donald-trumps-sudden-attack-on-unregulated-crypto-assets\/#39dfd1b26cf6&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;U.S. president Donald Trump unleashed a scathing attack on bitcoin, cryptocurrencies and Facebook's libra, branding them &quot;not money.&quot;&lt;\/a&gt;&lt;\/p&gt;&lt;p&gt;Elsewhere, other technology companies have moved to incorporate bitcoin and cryptocurrencies in other ways. &lt;\/p&gt;&lt;figure class=&quot;image-embed embed-1&quot; role=&quot;presentation&quot;&gt;&lt;div&gt;&lt;img src=&quot;https:\/\/specials-images.forbesimg.com\/imageserve\/5d983be14223bf0006b7c81a\/960x0.jpg?fit=scale&quot; alt=&quot;Apple, Tim Cook, bitcoin, bitcoin price, chart&quot;  data-height=&quot;761&quot;  data-width=&quot;958&quot;&gt;&lt;\/div&gt;&lt;figcaption&gt;&lt;fbs-accordion&gt;&lt;p class=&quot;color-body light-text&quot;&gt;The bitcoin price soared earlier this year as tech giants whipped up expectations they could be about to step into bitcoin and cryptocurrencies. &lt;\/p&gt;&lt;small&gt;Coindesk&lt;\/small&gt;&lt;\/fbs-accordion&gt;&lt;\/figcaption&gt;&lt;\/figure&gt;&lt;p&gt;Galaxy-maker Samsung, perhaps the biggest rival to Apple's iPhone, has recently taken major steps into bitcoin and cryptocurrency,&amp;nbsp;&lt;a href=&quot;https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/08\/15\/new-samsung-galaxy-s10-and-note10-models-suddenly-get-surprise-bitcoin-upgrade\/&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;building a so-called Blockchain Keystore into its new Samsung Galaxy S10 and Note10 models&lt;\/a&gt;, allowing users to securely store the keys to their bitcoin and crypto wallets on the devices.&lt;\/p&gt;&lt;p&gt;&lt;a href=&quot;https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/09\/09\/twitter-ceo-jack-dorsey-made-a-surprise-bitcoin-warningwhile-trashing-facebooks-libra\/&quot; target=&quot;_blank&quot; class=&quot;color-link&quot;&gt;Twitter's chief executive Jack Dorsey recently declared his love for bitcoin&lt;\/a&gt; and has been hiring bitcoin and cryptocurrency experts and developers at his payments company Square.&lt;\/p&gt;\">\n<p class=\"speakable-paragraph\">Bitcoin has soared this 12 months as rumors swirl that a number of the world&#8217;s greatest know-how firms, together with Apple, Samsung, Fb, and Twitter, are taking an curiosity in cryptocurrencies.<\/p>\n<p>The bitcoin value leaped round 200% over the primary six months of the 12 months largely on account of social media large Fb&#8217;s now crumbling plans to launch its personal personal bitcoin rival, libra. <\/p>\n<p>In the meantime, iPhone-maker Apple raised eyebrows final month when certainly one of its executives stated it is &#8220;watching&#8221; cryptocurrencies, however Apple chief government Tim Prepare dinner has now poured water on expectations it may very well be planning its personal bitcoin rival\u2013and warned towards firms creating their very own currencies. <\/p>\n<figure class=\"image-embed embed-0\" role=\"presentation\">\n<div><img decoding=\"async\" src=\"https:\/\/specials-images.forbesimg.com\/imageserve\/1173664856\/960x0.jpg?fit=scale\" alt=\"Apple, Tim Cook, bitcoin, bitcoin price, image\" data-height=\"2472\" data-width=\"3468\"\/><\/div><figcaption><fbs-accordion><\/p>\n<p class=\"color-body light-text\">Apple chief government Tim Prepare dinner has warned firms shouldn&#8217;t be trying to launch bitcoin rivals. <\/p>\n<p><small>Getty Photos<\/small><\/fbs-accordion><\/figcaption><\/figure>\n<p>&#8220;I actually suppose {that a} foreign money ought to keep within the palms of nations. I\u2019m not comfy with the thought of a non-public group establishing a competing foreign money,&#8221; Prepare dinner reportedly instructed Les Echos, a French monetary newspaper.<\/p>\n<p>Prepare dinner&#8217;s feedback come as Fb&#8217;s libra venture faces opposition from nations and regulators world wide, with on-line fee supplier PayPal yesterday pulling its help for libra. <\/p>\n<p>Fb had assembled 28, now all the way down to 27 with out PayPal, firms to type the so-called Libra Affiliation, together with ride-sharing app Uber, and funds giants Visa and Mastercard, to assist govern the personal foreign money.<\/p>\n<p>&#8220;A non-public firm shouldn\u2019t be trying to achieve energy this fashion,&#8221; Prepare dinner added, in a thinly-veiled warning to Fb.<\/p>\n<p>Earlier this 12 months, U.S. president Donald Trump unleashed a scathing assault on bitcoin, cryptocurrencies and Fb&#8217;s libra, branding them &#8220;not cash.&#8221;<\/p>\n<p>Elsewhere, different know-how firms have moved to include bitcoin and cryptocurrencies in different methods. <\/p>\n<figure class=\"image-embed embed-1\" role=\"presentation\">\n<div><img decoding=\"async\" src=\"https:\/\/specials-images.forbesimg.com\/imageserve\/5d983be14223bf0006b7c81a\/960x0.jpg?fit=scale\" alt=\"Apple, Tim Cook, bitcoin, bitcoin price, chart\" data-height=\"761\" data-width=\"958\"\/><\/div><figcaption><fbs-accordion><\/p>\n<p class=\"color-body light-text\">The bitcoin value soared earlier this 12 months as tech giants whipped up expectations they may very well be about to step into bitcoin and cryptocurrencies. <\/p>\n<p><small>Coindesk<\/small><\/fbs-accordion><\/figcaption><\/figure>\n<p>Galaxy-maker Samsung, maybe the most important rival to Apple&#8217;s iPhone, has just lately taken main steps into bitcoin and cryptocurrency,\u00a0constructing a so-called Blockchain Keystore into its new Samsung Galaxy S10 and Observe10 fashions, permitting customers to securely retailer the keys to their bitcoin and crypto wallets on the units.<\/p>\n<p>Twitter&#8217;s chief government Jack Dorsey just lately declared his love for bitcoin and has been hiring bitcoin and cryptocurrency specialists and builders at his funds firm Sq..<\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.forbes.com\/sites\/billybambrough\/2019\/10\/05\/apple-ceo-tim-cook-made-a-serious-bitcoin-rival-warning\/\">Supply hyperlink <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bitcoin has soared this 12 months as rumors swirl that a number of the world&#8217;s greatest know-how firms, together with Apple, Samsung, Fb, and Twitter, are taking an curiosity in cryptocurrencies. The bitcoin value leaped round 200% over the primary six months of the 12 months largely on account of social media large Fb&#8217;s &hellip;<\/p>\n","protected":false},"author":1,"featured_media":180973,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-180962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-world"],"_links":{"self":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts\/180962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/comments?post=180962"}],"version-history":[{"count":0,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts\/180962\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/media\/180973"}],"wp:attachment":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/media?parent=180962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/categories?post=180962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/tags?post=180962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}