No Apple Coin
Apple CEO Tim Cook is not in favor of his company setting up a cryptocurrency in order to compete against Facebook's Libra project. Asked by French media about the idea, he responded: "I really think that a currency should stay in the hands of countries…A private company shouldn’t be looking to gain power this way…We elect our representatives to assume their governmental responsibilities. Companies aren't elected and should not be going in this direction." Reuters
Apple CEO Tim Cook is not in favor of his company setting up a cryptocurrency in order to compete against Facebook's Libra project. Asked by French media about the idea, he responded: "I really think that a currency should stay in the hands of countries…A private company shouldn’t be looking to gain power this way…We elect our representatives to assume their governmental responsibilities. Companies aren't elected and should not be going in this direction." Reuters