Post
Topic
Board Economics
Re: When will Apple accept bitcoins?
by
jaysabi
on 05/03/2018, 13:17:00 UTC
The day Apple would decide to accept a cryptocurrency for its products, it would most likely not be Bitcoin, but Applecoin. I am rather sure that one day they will make their own cruptocurrency, and so will all major corporations.

What would be the point of every corporation having its own currency? That would complicate trade and commerce, not facilitate it. Corporations want to reduce barriers to peoplebiying their products. If every corporation had its own crypto that required you to acquire before you could buy their products, that's just a hurdle towards people buying the product. I don't see this happening because there is no tangible benefit.