Money Creation is at the Heart of a Government’s Mission: Apple CEO Tim Cook on Crypto

Tech behemoth Apple will not be creating its own cryptocurrency. In an interview with French finance daily Les Echos, the company’s CEO Tim Cook said that he was “not comfortable” with the idea of a private company creating money that competes with government-issued fiat. “A private company does not have to seek to gain power in this way,” he said, adding that money creation was … Continue reading Money Creation is at the Heart of a Government’s Mission: Apple CEO Tim Cook on Crypto