After Elon Musk accepting bitcoin for Tesla, People are wondering will apple also allow bitcoin for purchase?

Apple CEO Tim Cook stated the company was looking into cryptocurrency in an interview today at the NYT Dealbook Conference but added that the company had no “immediate” plans to launch any crypto-related goods. While Cook did not go into depth about the areas where Apple might be looking at crypto, he did state that there are some aspects of the company’s business where he would not consider introducing crypto solutions.

When asked if Apple would consider accepting cryptocurrencies through Apple Pay “or elsewhere” by interviewer Andrew Ross Sorkin, Cook said generically that crypto is “something that we’re looking at.”

He went on to say that Apple has decided that investing in cryptocurrencies is not a good idea, even if it isn’t ready to speak publicly about crypto products.

“I guess I’d define it as there are some things I wouldn’t do, like dealing with our cash situation. I wouldn’t put that money into crypto — not because I wouldn’t put my own money into it, but because I don’t believe people buy Apple shares to gain exposure to crypto. As a result, if they want to, they can invest directly in crypto via alternative methods,” Cook noted.

Cook also stated that Apple has no intentions to accept cryptocurrency as a form of payment for its goods.

He did, however, indicate categorically that crypto was on Apple’s radar, noting that “there are other things that we’re definitely looking at” in regards to crypto, but that the business has nothing to disclose at this time.

PayPal, Venmo, and Square Inc.’s Cash app, all Apple Pay competitors, have all entered into the crypto area in recent months, so it would be strange if Apple wasn’t considering doing the same. Cook himself has no qualms about investing in cryptocurrency, stating to interviewer Sorkin that he does so himself.

“I think it’s appropriate to own it as part of a diverse portfolio,” Cook remarked, laughing, before adding, “By the way, I’m not providing anybody investment advice.”

He went on to clarify that he has been interested in cryptocurrency for a long time.

He also stated that while he believes NFTs are intriguing, he believes it will take some time for them to play out in a way that is appealing to the general public.

Apple’s views on security, privacy, and the opening of the App Store — which Epic Games is fighting over in an antitrust court case that is now on appeal — were all discussed throughout the long conversation.

On the subject of consumer choice, Cook was blunt, stating that users already have a choice when purchasing a phone. There is another platform that allows them to load software outside of an app store environment, a practice known as sideloading, he said.

“I believe people today have that option…

“You can buy an Android phone if you want to sideload,” Cook explained. “That option is available. If that’s important to you, you should get an Android phone when you go to the carrier store.”

Sideloading, in Apple’s judgment, is too dangerous, he argued. Of course, there’s also a way for Apple to miss out on millions of dollars in revenue that currently flow through the App Store and in-app purchases, where it takes a cut of developer revenue.

Cook also expressed his enthusiasm for AR technologies in general, but declined to comment on Facebook’s new VR ambitions with Meta or any potential Apple automotive initiatives, stating that Apple tries not to talk about the future too much.

He also discussed Apple’s political stance, stating that the firm does not have a political action committee, and defended the company’s service of the Chinese market.

“I believe that as a business, we have a responsibility to do business in as many areas as possible because I believe that business is this big catalyst,” he stated. “I believe we should avoid raising the drawbridge. We should focus on constructing bridges. And I believe that is crucial for business. “We speak up on some things privately, and we speak up on some things publicly — we do it in different ways,” he remarked.