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2019-10-05 12:15:58

Why Apple CEO Tim Cook is against Libra?: Rejects Bitcoin rivalry

Tim Cook needs no introduction, and although he never really discussed Facebook’s Libra, it appears Cook is against Libra. While the Bitcoin (BTC) cryptocurrency has increased in terms of its value in the crypto market, tech giants from all over the world, have shown interest in the crypto industry. The companies include Twitter, Apple, Facebook, and Samsung. Majorly due to Facebook’s plans to develop its cryptocurrency Libra, BTC’s value has increased by a whopping two hundred percent (200%) in the first half of the year. Why Tim Cook is against Libra? While one of Apple’s executives stated that the company