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Apple Is On The Verge Of Sending Bitcoin To The Moon

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Apple is rumoured to be considering incorporating Bitcoin into its Apple Pay service. However, previous Apple rumors have invariably come to naught.

Apple is rumoured to be experimenting with Bitcoin in some manner. Fanning the rumour, YouTuber Crypto Rover summed up the mood by predicting that the ripple effects will send Bitcoin skyward.

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Several reports of an Apple-crypto tie-up have surfaced in the past. Perhaps the most visible example of this occurred little over a year ago, when there was talk of Bitcoin being introduced as a treasury reserve asset.

Jack Mallers, the CEO of Strike, hinted that things might be different this time. Mallers sent out an uncaptioned tweet late last month displaying a video from Apple’s “think different” advertising campaign, which lasted from 1997 to 2002.

Albert Einstein, Mahatma Gandhi, Thomas Edison, and Muhammad Ali were among the famous figures featured in the advertisement, which was shot in black and white. Misfits, rebels, and troublemakers, who are generally viewed as insane, are the ones that drive change, according to the accompanying voice-over.

Mallers had also tweeted a few days prior about the impending Bitcoin 2022 conference in Miami, which will take place between April 6 and 9.

The tweet was accompanied by four images. The first is an infographic depicting a QR code payment system, followed by a Strike mission statement, a photo of Mallers flipping the bird in front of a Chase ATM while wearing an Apple hat in Google colours, and finally a promotion for Mallers’ conference speaking slot.

The news that El Salvador would embrace Bitcoin as legal cash was the most significant announcement made during last year’s Bitcoin conference. It’s likely that another announcement of equal, if not greater, the significance will be made at this year’s event.

Apple is developing its own payment processor technology, which will reduce the company’s reliance on third-party vendors.

As part of its long-term strategy to grow Apple Pay, Apple would bring a variety of payment activities in-house, including payment processing, risk assessment for lending, fraud analysis, credit checks, and new customer-service positions.