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Will Big Tech Use Bitcoin?
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In this video, I discuss why I believe that all big tech companies like Apple, Amazon, and Google will compete to offer the best Bitcoin wallets and BTC payment services to their customers.
Will Big Tech come out with their own coin/cryptocurrency?
Absolutely not. Companies cannot issue currencies. That's a power that governments will likely never cede.
Instead, big tech and banks will choose to use Bitcoin, which is ethical neutral money that also has the greatest regulatory clarity of any crypto asset or cryptocurrency.
This will be one way that Bitcoin will scale. It's not particularly cypher-punky, but Bitcoin is open and permissionless, so we cannot stop people or corporations from building on it.
Not investment advice! Consult a financial advisor.
Facebook fails to issue its own currency:
https://en.wikipedia.org/wiki/Diem_(digital_currency)
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#apple
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Neither Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.
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