Apple Co-founder Steve Wozniak On Bitcoin Being The Global Currency
Steve Wozniak, Apple’s co-founder, has come out in support of Bitcoin (BTC) and cryptocurrencies. He has stated that he does not know if Bitcoin will over come fiat currencies to become the global currency but hopes that this will be the case eventually. Speaking with CNBC Steve Wozniak stated, “I buy into what Jack Dorsey says, not that I necessarily believe it’s going to happen, but because I want it to be that way, that is so pure thinking.” Dorsey is the CEO of social media companies Twitter and also Square, a digital payment processor. Dorsey believes that Bitcoin will be the worlds only currency in due time and even stated that it could happen perhaps within one decade from now.
Wozniak has been a longtime supporter of Bitcoin even though he decided to sell most of his crypto portfolio after stating that he was spending too much time watching the price fluctuations. He reportedly first bought Bitcoin when it was $700. He also owns some Ethereum (ETH). Wozniak talked to CNBC about Bitcoin saying, “Bitcoin is mathematically defined, there is a certain quantity of bitcoin, there’s a way it’s distributed… and it’s pure and there’s no human running, there’s no company running and it’s just… growing and growing… and surviving, that to me says something that is natural and nature is more important than all our human conventions.” Wozniak says that he is most interested in Bitcoin over the ever-growing number of other cryptocurrencies due to how it is decentralized.
Only bitcoin is pure digital gold… and I totally buy into that. All the others tend to give up some of the aspects of bitcoin. For example, being totally decentralized and having no central control. That’s the first one they have to give up to try to have a business model.
Wozniak made his first mark in the tech industry in 1976 when him and Steve Jobs founded Apple and launched the first Apple computers.