Apple may be the next big company to buy bitcoin, RBC says

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RBC said if Apple bought $1 billion worth of bitcoin for its balance sheet, it would send even more users to 'Apple Exchange.'\n\n

People seen outside the Apple store at Marina Bay Sands. In a shape of a giant orb, Apple's third retail store, Apple Marina Bay Sands officially opened on September 10 this year.

 

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Corporations need quick access to world banking for big deals.

Orrrrrrr dogecoin !!! Because DogecoinToTheMoon 🚀🚀🚀🚀🚀

“The rbc analyst has his entire life savings in bitcoin and really needs a pop again”

So does that mean it will soon replace money? If so, how do we buy bitcoins without money? Will we be paid with bitcoins? So many questions and still no substance, no currency, and no intrinsic value.

Hint: Larry Ellison

Zero probability of that happening. Tesla is searching for a plan to justify its valuation. Apple does not have that problem. RBC you are clueless.

RealChells

I get it. Get into Bitcoin, to stabilize the Ponzi scheme.

Doubtful. They are not that stupid to make such a speculative investment.RBC knows nothing as demonstrated by their comment. What a bunch of fools.

Why are companies becoming currency speculators? Surely it completely changes the risk profile of the company. Tesla could lose half a billion if bitcoin collapses by 50% - significant change to its results.

That is part of the reset. Forcing people to get in bitcoin, ethereum etc.

Tulips

Oh it’s coming 🔥🔥 $aapl and bitcoin

If they have run out of good use for that cash, issue a special dividend to the shareholders!

Bitcoin is a cult. Only time will tell

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