Michael Saylor suggests how Apple could jump into bitcoin

In a recent interview, MicroStrategy co-founder Michael Saylor suggested how Apple, one of the biggest companies in the world by revenue, could tap the massive potential of Bitcoin.

He said that with Bitcoin, Apple could be the world’s biggest and most profitable company ever.

MicroStrategy currently has 105,084 Bitcoins in its balance sheet, while Tesla has 43,200. Square (owned by Twitter co-founder Jack Dorsey) has 82,027.

But even with the aggressive roles being played by major companies on bitcoin, Apple has remained on the crypto sidelines and hasn’t announced any major crypto moves yet.

A major problem solver

“If Apple, Google, and Facebook build Bitcoin into their application, they improve their business. If El Salvador or Cuba or Turkey or Japan or Russia or the U.S. or U.K. or France buy Bitcoin, they fix their balance sheet,” Saylor said.

He also said that Bitcoin is a viable solution to a multitude of problems that the world is facing today, that is why as early as now, companies should invest heavily in Bitcoin.

Rising adoption

In a study released by Crypto.com, it said that global users of cryptocurrencies have doubled from 100 million in January 2021 to 221 million in June 2021. Altcoins are also expanding in popularity and adoption and may surprise everyone with their possible bigger role in the future.

The MicroStrategy co-founder also said that Apple’s iCloud is a potential game-changer in the crypto industry.

“What’s in the iCloud now, right? Your videos, your photos, your documents, and your communication. What’s not in the iCloud now? Your money.”

Image courtesy of Cointelegraph News/YouTube

Source: https://bitcoinerx.com/blockchain/michael-saylor-suggests-how-apple-could-jump-into-bitcoin/