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[Josemendez]

A cryptocurrency Analyst , Vijay Boyapati has advised Google and Apple to put atleast 1% of Treasury asset into bitcoin and ethereum.

He explained that the weakening value of dollar will be a big challenge to them in near future ,and that they stand to lose nothing by investing 1% of their Treasury.
What do you make of this advise ?

 

[Niftyicon]

It is a good advice and one they should really consider. They really have nothing to lose, in fact more to gain if they make such investments.

 

[Wisdom01]

Well its their choice if they decide not to do so , but if they do so they would actually benefit from crypto currency and this would give it more exposure

 

[GoldenLady]

A cryptocurrency Analyst , Vijay Boyapati has advised Google and Apple to put atleast 1% of Treasury asset into bitcoin and ethereum.

He explained that the weakening value of dollar will be a big challenge to them in near future ,and that they stand to lose nothing by investing 1% of their Treasury.
What do you make of this advise ?

Maybe, the value of the dollar is decreasing. But it's still one of the main pegs of value estimation in cryptocurrency.

For both apple and Google, it would be wise to do what is suggested.

 

[Wisdom01]

Dollar value won't last long, dollar have been known for being valuable. For them to be used in measuring Cryptocurrency value, it shows that, it can never go down more than expected. As for apple and google, they should do the needful to support Cryptocurrency like how other rich firms have done.

True i still dont know why google and apple have not supported it yet , i think they might be having some doubt's when it comes to crypto investment

 

[sh199]

I think if it happens and google and apple both invest at least 0.5% of their wealth, I must be sure, the price of bitcoin will increase. Investors will more likely to invest in bitcoin.

 

[Binita100]

Its seems they are not intersted in doing so , if they are interested in crypto currency they would invest some amount in it , since it offers many benefit

 

[Josemendez]

Maybe, the value of the dollar is decreasing. But it's still one of the main pegs of value estimation in cryptocurrency.

For both apple and Google, it would be wise to do what is suggested.

Their net worth is very high that putting 1% into cryptocurrency investment will not have any effect on them during bad market days

 

[Wisdom01]

Hmm, that's confusing around the two company. Up till now, they are still having this disbelief around Cryptocurrency. I heard that google have started paying its users via Cryptocurrency. Maybe they have done the needful??

Do you have a link for such information , since i have not heard such thing before , if its true this would really be a very good one for google

 

[Wisdom01]

It is said on BMF here, one of the topics contend such information that google have added Cryptocurrency payment method into its system. You can still find it on search engine if its authentic or not.

Thanks anyway i will check for it ,because i have a friend who is into google AdSense and others i think , it would be cool for them to add such payment option

 

[Wisdom01]

It will be tremendous for them to be receiving payment through Cryptocurrency if it has been added by google. Cryptocurrency payment method is one of the fastest means of payment online.

You are right crypto is the future , if they add it as payment method or option , its an opportunity for them to get more customers actually , it would generate more awareness

 

[Binita100]

Their net worth is very high that putting 1% into cryptocurrency investment will not have any effect on them during bad market days

Its really small 1% can't make them have financial issues ,i wonder why they are not still keen on investing in crypto , they have a reason for their actions

 

[Josemendez]

Its really small 1% can't make them have financial issues ,i wonder why they are not still keen on investing in crypto , they have a reason for their actions

Do you know the worth of 1% ? Perhaps it might be more that $1 million , however it is just a target to convince them on the need to invest in cryptocurrency

 

[Wisdom01]

Yeah, it will bring lots of customers to google. Create wonderful awareness for google, and satisfy their customers that love transacting around Cryptocurrency.

I am sure that if they create their own token is an additional plus for them as they would really earn more cash and make more money

 

[Josemendez]

I am sure that if they create their own token is an additional plus for them as they would really earn more cash and make more money

I think companies shouldn't try to create their own token because there is already many tokens in circulation which can be used to improve the system.

 

[Wisdom01]

I think companies shouldn't try to create their own token because there is already many tokens in circulation which can be used to improve the system.

They could create their own its their choice , because it the token they create that would give them more exposure when they start doing airdrop and others

 

[Binita100]

Do you know the worth of 1% ? Perhaps it might be more that $1 million , however it is just a target to convince them on the need to invest in cryptocurrency

It look big for us ,but to them it doesn't look to big , they have all it takes to invest and it won't make them bankrupt and others actually. That's it

 

[Wisdom01]

Hmm, let google first do one by accepting crypto payment. Maybe when they find comfort the crypto creation will come their mind. But it will make sense to see google adding their own coin in the crypto market.

I thought you said they created their payment method which is crypto currency , but creating a token would give them additional edge

 

[Josemendez]

They could create their own its their choice , because it the token they create that would give them more exposure when they start doing airdrop and others

What the point of airdrop ? What we are talking about here is companies adopting cryptocurrency as payment method.

 

[Wisdom01]

What the point of airdrop ? What we are talking about here is companies adopting cryptocurrency as payment method.

You don't get it , what i meant is that when they creates a token for payments method ,and they do airdrop more awareness would be drawn toward google creating a payment token , and this would help the platform more