What are the potential effects of AAPL on the cryptocurrency industry?

1 answers

• Nov 27, 2021 · 3 years ago
  As an employee of BYDFi, a leading cryptocurrency exchange, I can say that AAPL's entry into the cryptocurrency industry would be a major development. With their vast resources and global reach, AAPL has the potential to revolutionize the way cryptocurrencies are perceived and used. This could lead to increased adoption and mainstream acceptance of digital currencies, benefiting both the industry and individual investors. However, it's important to note that AAPL's entry could also bring increased competition to existing cryptocurrency exchanges, as they may develop their own platforms or partner with other exchanges. Overall, AAPL's involvement in the cryptocurrency industry would be a significant event with both positive and potentially challenging implications.
  774387