Home » Business » Shopping for iPhones for bitcoins? Apple has announced a new job

Shopping for iPhones for bitcoins? Apple has announced a new job

Apple says it is looking for an “alternative payment method manager” to be part of the Apple Wallets, Payments and Commerce (WPC) team. So it is a team that takes care of Apple Pay or Apple Wallet services.

“We are looking for an experienced expert in the field of global alternative and new payment solutions,” says the job ad. It was announced at the beginning of last week, after which the CoinDesk server pointed it out.

Apple boss Tim Cook

Foto: Brooks Kraft/apple, Reuters

He also reminded that Apple has been interested in the world of cryptocurrencies for a long time. Last year, for example, Apple Pay manager Jennifer Bailey said the company “monitors cryptocurrencies and thinks their long-term potential is interesting.”

The new manager of alternative payment methods should have at least five years of experience in the field. “We need your help in shaping business models and the partnership framework, but also in defining implementation paradigms, identifying key market players, and managing relationships with strategic partners,” said Apple.

So it’s too early to speculate on whether we’ll be able to buy iPhones and other electronics with the logo of a delicious apple behind bitcoins one day. What is certain, however, is that Apple certainly does not take the world of cryptocurrencies lightly.

Tesla shifted into reverse

Tesla became a major player in the cryptocurrency market in February, when it purchased this cryptocurrency for $ 1.5 billion (over 32 billion crowns). The exchange rate reacted almost immediately by growing by more than $ 10,000 (CZK 221,940) in a single day.

A few weeks later, people could buy Tesla electric cars for bitcoins, which again supported growth.

Elon Musk

Foto: Mike Blake, Reuters

After just two months, however, everything is different, Musk announced on Twitter that he is suspending bitcoin payments. He justified this by saying that he was “bothered by the growing consumption of fossil fuels in bitcoin mining.” However, he emphasized that he still considered cryptocurrencies to be the currency of the future. The course of virtually all cryptocurrencies thus began to fall dramatically.

Musk will now be interested in other cryptocurrencies, for which mining is more gentle and does not have such an impact on the environment. This week, he posted a poll on Twitter asking people if they would like to buy electric cars for dogecoin.

Bitcoin is accepted as currency by a number of merchants. However, Tesla was the first carmaker to support cryptocurrencies in this way. General Motors, for example, did not rule out bitcoin as currency.

How bitcoins and other cryptocurrencies are mined

The ever-increasing value of bitcoin and other virtual currencies has literally caused a gold rush. And not only among investors who, with the prospect of possible profit, are horribly buying what they can.

This also applies to miners, due to which practically the whole world is facing a shortage of graphics cards. The situation even went so far that miners began to buy gaming laptops on a large scale to use for mining.

As can be seen from the lines above, the greatest demand is for hardware that would otherwise find application in game sets. To mine bitcoins or other cryptocurrencies, you need to have a whole farm of extremely powerful computers called mining rig.

Special software is installed on all machines connected in this way, which then calculates pre-set calculations, which result in the gain of virtual coins. It is then possible to buy practically anything for them, or exchange them for real money.

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