Apple Co-Founder Steve Wozniak: Bitcoin is ‘Mathematical Miracle’

Jul 9, 2021 | Decrypt News | 0 comments

apple-co-founder-steve-wozniak:-bitcoin-is-‘mathematical-miracle’

Apple co-founder Steve Wozniak is a big believer in Bitcoin.

“I do not invest in Bitcoin, but I believe in it for the future,” Wozniak said during a presentation at Talent Land Jalisco, a conference for tech entrepreneurs that took place this week, reported Mexican outlet El Sol de Mexico

Wozniak added that Bitcoin is more appealing than gold. “Gold is limited and you have to look for it; Bitcoin is the most amazing mathematical miracle,” he said. 

Wozniak also said that the future of technology looks more promising than before due to the talent of young people in tech. 

Wozniak’s prior crypto ventures

Wozniak has a cryptocurrency of his own. 

The Efforce crypto token, which trades under the ticker WOZX, hit an all-time high in December of last year when it reached $3.15. With a market cap of $78 million, it sits 315th among all cryptocurrencies by market cap. 

Efforce, a blockchain-based product, allows people to invest in “energy efficiency projects,” according to its website

Bitcoin’s growing popularity

Wozniak joins a growing list of high-profile names in finance and tech that have joined the Bitcoin bandwagon. 

After software company MicroStrategy first announced Bitcoin investments in August and September of last year, a wave of prominent investors poured into Bitcoin. 

These include billionaire investor Stanley Druckenmiller and former White House communications director, Anthony Scaramucci. Speaking to Decrypt in March, Scaramucci—who co-founded Skybridge Capital—said he was “singularly focused” on Bitcoin. “I’m with the big dog,” he added. 

Billionaire Investor Stanley Druckenmiller: Bitcoin Better Bet than Gold

Since then, Skybridge Capital has announced that it will launch a private Etheruem fund, but Scaramucci remains bullish on Bitcoin. He believes that this will be the year the SEC will approve a Bitcoin exchange-traded fund (ETF). 

In addition, Twitter CEO Jack Dorsey has been one of Bitcoin’s most well-known long-term fans

Others like Tesla CEO Elon Musk are deeply intrigued by Bitcoin but have also criticized the flagship cryptocurrency’s impact on the environment.

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

News Source from Decrypt.co

Related Articles

Chinese Miners Pivot to Alternative Currencies to Keep Operating

Chinese Miners Pivot to Alternative Currencies to Keep Operating

The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. Lesser-known tokens and proof-of-stake-based systems are now...

Creative attacker steals $76,000 in RUNE by giving out free tokens

Creative attacker steals $76,000 in RUNE by giving out free tokens

A rather cunning attack is playing out in the cryptosphere, one that has so far stolen $76,000 in tokens — and it’s only been going for a few hours. In short, a bad actor is giving out — or airdropping — tokens to various crypto users. This might seem like free money,...

Report: Nigeria to Start Piloting Digital Currency in October

Report: Nigeria to Start Piloting Digital Currency in October

The Central Bank of Nigeria (CBN) has reportedly set October 1 as the commencement date for the trial phase of its digital currency project. Dubbed project Giant, this digital currency project, or the “e-naira,” is expected to use the Hyperledger Fabric blockchain....

Pin It on Pinterest

Share This