Tesla is the first automaker to enter the field of digital currencies, which is expected to see the entry of other automakers into the field with the significant growth of bitcoin these days, as exemplified by Apple's whispers in the field of these currencies.
Khodrocar - It was in the middle of last winter that Tesla announced that it had invested about $ 1.5 billion in virtual currency in Bitcoin and in the near future would accept the money to buy cars and other products with this digital currency. Turmoil, bitcoin had the support of important and reputable financial institutions, and this led to a significant increase in the price of this currency, and Tesla's decision to buy bitcoin increased the price of this currency.
Experts say the decision is one of the most famous companies in the world, transforming the bitcoin trading market. Meanwhile, following Tesla's decision, more and more large companies started using bitcoin.
However, although Tesla's $ 1.5 billion purchase of Bitcoin increased the value of the cryptocurrency by about 10 percent over that period, high volatility and the high cost of using Bitcoin services have limited its use for payments so far, and experts They also said that if Musk could overcome these restrictions, it could enable Tesla to take advantage of the rich market of bitcoin speculators.
Tesla said the decision was part of the company's overall policy to diversify its sources of revenue and increase profitability, raising the question of whether other automakers would buy the digital currency.
The entry of this industry player into the field of digital currencies and the record-breaking price of Bitcoin immediately after this incident, caused many people to expect the entry of Apple and other technology giants into this field.
Now, after Tesla, it seems that Apple also intends to invest in the digital currency Bitcoin. Following Tesla's arrival, some industry experts have speculated that Apple will enter the digital currency market as a key player. Paul Steves, an analyst at the Royal Bank of Canada, covered the issue in one of his reports, noting that Apple could generate more than $ 40 billion in annual revenue by entering the digital currency space. And create a new wave in the industry.
The forecast is based on a review of the earnings history of large companies such as Square investing in bitcoin. With about 30 million active users in the third quarter of 2020, the company made about $ 1.6 billion in net profit from investing in digital currencies. "We think that if Apple decides to enter the digital currency space, it can immediately make a profit from the market," Steves said, noting that Apple's support could accelerate the adoption of digital currencies in the United States for several years. Bring and transform the industry. "With just a few clicks, the company can seize a multi-billion dollar opportunity."
Apple is currently the most valuable company in the world with a market share of over $ 2.2 trillion. The company has about $ 200 billion in cash, which is theoretically enough to buy 25% of all bitcoins in circulation in the world.
Meanwhile, Bainance, the world's largest digital currency exchange, said in a statement that for the first time in the history of digital currencies, it will launch a stock exchange in which shares of various companies will be traded in digital currencies, based on Tesla shares are scheduled to be offered as tokens as the world's first digital currency-based exchange.
According to Bainance, each token will be equivalent to one share of Tesla shares on the New York Stock Exchange, backed by shares in the real world that have been deposited in CM Equity's portfolio. Tesla tokens will be priced in US dollars.
Binance Quinn has also promised that the supply of tokens will not be limited to Tesla shares, and the exchange is ready to meet market demand by listing more stock tokens in the future.
On the other hand, the latest news indicates that Tesla is considering accepting other digital currencies, and after changes in the wording of Tesla's website and Ilan Musk's comments, rumors that Tesla intends to use other digital currencies in addition to bitcoin. Accepted as a method of payment has gained strength.
Tesla announced last month, while investing in the digital currency, that it was possible to buy its cars with Bitcoin. He declared that Bitcoin is the only digital currency that Tesla accepts.
At the same time, some believe that Tesla's move is a re-emphasis on the company that it has no interest in other digital currencies.
Experts say the decision is one of the most famous companies in the world, transforming the bitcoin trading market. Meanwhile, following Tesla's decision, more and more large companies started using bitcoin.
However, although Tesla's $ 1.5 billion purchase of Bitcoin increased the value of the cryptocurrency by about 10 percent over that period, high volatility and the high cost of using Bitcoin services have limited its use for payments so far, and experts They also said that if Musk could overcome these restrictions, it could enable Tesla to take advantage of the rich market of bitcoin speculators.
Tesla said the decision was part of the company's overall policy to diversify its sources of revenue and increase profitability, raising the question of whether other automakers would buy the digital currency.
The entry of this industry player into the field of digital currencies and the record-breaking price of Bitcoin immediately after this incident, caused many people to expect the entry of Apple and other technology giants into this field.
Now, after Tesla, it seems that Apple also intends to invest in the digital currency Bitcoin. Following Tesla's arrival, some industry experts have speculated that Apple will enter the digital currency market as a key player. Paul Steves, an analyst at the Royal Bank of Canada, covered the issue in one of his reports, noting that Apple could generate more than $ 40 billion in annual revenue by entering the digital currency space. And create a new wave in the industry.
The forecast is based on a review of the earnings history of large companies such as Square investing in bitcoin. With about 30 million active users in the third quarter of 2020, the company made about $ 1.6 billion in net profit from investing in digital currencies. "We think that if Apple decides to enter the digital currency space, it can immediately make a profit from the market," Steves said, noting that Apple's support could accelerate the adoption of digital currencies in the United States for several years. Bring and transform the industry. "With just a few clicks, the company can seize a multi-billion dollar opportunity."
Apple is currently the most valuable company in the world with a market share of over $ 2.2 trillion. The company has about $ 200 billion in cash, which is theoretically enough to buy 25% of all bitcoins in circulation in the world.
Meanwhile, Bainance, the world's largest digital currency exchange, said in a statement that for the first time in the history of digital currencies, it will launch a stock exchange in which shares of various companies will be traded in digital currencies, based on Tesla shares are scheduled to be offered as tokens as the world's first digital currency-based exchange.
According to Bainance, each token will be equivalent to one share of Tesla shares on the New York Stock Exchange, backed by shares in the real world that have been deposited in CM Equity's portfolio. Tesla tokens will be priced in US dollars.
Binance Quinn has also promised that the supply of tokens will not be limited to Tesla shares, and the exchange is ready to meet market demand by listing more stock tokens in the future.
On the other hand, the latest news indicates that Tesla is considering accepting other digital currencies, and after changes in the wording of Tesla's website and Ilan Musk's comments, rumors that Tesla intends to use other digital currencies in addition to bitcoin. Accepted as a method of payment has gained strength.
Tesla announced last month, while investing in the digital currency, that it was possible to buy its cars with Bitcoin. He declared that Bitcoin is the only digital currency that Tesla accepts.
At the same time, some believe that Tesla's move is a re-emphasis on the company that it has no interest in other digital currencies.
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