Rumours abound on Twitter this week that global tech giant Apple will soon announce that it’s bought $2.5 billion in bitcoin, but is it all just a storm in a teacup?
The rumours first started making the rounds in May, when Apple made a job posting indicating applicants should have experience “working in or with alternative payment providers, such as digital wallets, BNPL [buy now pay later], Fast Payments, cryptocurrency and etc.”
Adding to the cauldron of speculation, Apple co-founder Steve Wozniak recently praised Bitcoin, which for some members of the community, is enough evidence of the multibillion-dollar investment.
“Gold is limited and you have to look for it; Bitcoin is the most amazing mathematical miracle. I do not invest in Bitcoin, but I believe in it for the future,” said Wozniak.
Only time, or an official statement from Apple, will tell. Until then, it remains pure speculation.
Perhaps Gokhshtein Media founder, David Gokhshtein says it best…
The rumor of Apple purchasing 2.5 billion dollars of #Bitcoin… is only that.
— David Gokhshtein (@davidgokhshtein) July 13, 2021