Google and Apple could invest in Bitcoin as Tesla did
In recent days, Tesla has announced a major investment in Bitcoin adding that it would accept cryptocurrency as a payment method for its products. Tesla’s announcement, unsurprisingly, had an immediate effect on the value of Bitcoin. According to Simon PetersAnalyst and cryptocurrency expert of eToro, also Google And Apple they might open to Bitcoin over the foreseeable future.
After Tesla, also Google and Apple ready to support cryptocurrency?
L’Tesla’s announcement to invest in Bitcoin created a real jolt in the financial world. The Californian company, in addition to having invested in cryptocurrency, has announced its willingness to accept Bitcoin as a payment method for its products. Tesla could be just one of many companies ready to invest in this sector.
Also Google And Apple, two giants of the tech world, could follow Tesla’s example.
EToro’s wall on the future of Bitcoin after Tesla’s opening
Simon Peters, EToro’s cryptocurrency analyst and expert confirms the possibility that other large companies are ready to invest in Bitcoin after Tesla. According to Peters: “Tesla’s move to invest in Bitcoin and start accepting cryptocurrency as a payment method for its products has really tipped the scales. There is already talk of similar moves by Apple and Google, which could insert Bitcoin between their payment systems “
Regarding the near future, Peters points out what could be the motivations of other companies interested in investing in cryptocurrency. He says the expert: “Tesla has diversified its business by investing in Bitcoin on a large scale. We believe that other companies will also try to do the same, using cryptocurrency both as a diversifier and as a sort of insurance policy for the devaluation of other currencies “