Post
Topic
Board Bitcoin Discussion
Re: Samsung is going to support bitcoin
by
tiggytomb
on 19/02/2018, 16:09:12 UTC
"Samsung to support bitcoin"

Now we are at that time that people try and pump the price. They are making chips, but not supporting bitcoin. They dont accept it, they are not donating to a bitcoin charity, they are not paying millions to educate people. Simply making a product that bitcoin users can use.





https://www.coindesk.com/samsung-confirms-its-now-making-cryptocurrency-mining-chips/
That is the start from them. There is much more in this act from them. Samsung is a giant company and they are putting most of their potential in creating this hardware for bitcoin. It means that they believe in bitcoin and as this giant company is in trust on bitcoin then people will also trust that yes bitcoin is the coin which has a bright future.

Just think why a bigger company will create something for bitcoin if they will not believe on it. They believe on its future that is why they are planning for it.
It's probably more a case of they support profits and understand that they could be in at a nice level to sell these chips as more people come on board to bitcoin, it would be nice to think that they believe in bitcoin and what it is but until they start accepting bitcoin as a method of payment I will believe that it's money over power.