International ratings agency Weiss Ratings thinks tech giants like Apple and Facebook entering the crypto-space prove they are, in fact, becoming banks themselves and their ‘answer’ is nothing like Bitcoin – which competes with central banks. Facebook, Apple ‘Becoming Banks’ In a blog post June 5, developer and Weiss Crypto Investor editor Juan Villaverde told investors that new products from Facebook, Apple and Alibaba are only pseudo-cryptographic and allow them to profit from user financialRead MoreThe post Apple and Facebook Now Competing With Banks – Not Bitcoin appeared first on Bitcoinist.com.
