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



Briefly

  • Bitcoin has an enormous supporter: Steve Wozniak.
  • He mentioned that whereas he does not put money into Bitcoin, he’s an enormous believer within the cryptocurrency.

Apple co-founder Steve Wozniak is an enormous believer in Bitcoin.

“I don’t put money into Bitcoin, however I imagine in it for the long run,” Wozniak mentioned throughout a presentation at Expertise Land Jalisco, a convention for tech entrepreneurs that occurred this week, reported Mexican outlet El Sol de Mexico

Wozniak added that Bitcoin is extra interesting than gold. “Gold is proscribed and you need to search for it; Bitcoin is essentially the most wonderful mathematical miracle,” he mentioned. 

Wozniak additionally mentioned that the way forward for know-how appears extra promising than earlier than because of the expertise of younger folks in tech. 

Wozniak’s prior crypto ventures

Wozniak has a cryptocurrency of his personal. 

The Efforce crypto token, which trades beneath the ticker WOZX, hit an all-time high in December of final 12 months when it reached $3.15. With a market cap of $78 million, it sits 315th amongst all cryptocurrencies by market cap. 

Efforce, a blockchain-based product, permits folks to put money into “power effectivity initiatives,” based on its website

Bitcoin’s rising recognition

Wozniak joins a rising record of high-profile names in finance and tech which have joined the Bitcoin bandwagon. 

After software program firm MicroStrategy first introduced Bitcoin investments in August and September of final 12 months, a wave of outstanding buyers poured into Bitcoin. 

These embody billionaire investor Stanley Druckenmiller and former White Home communications director, Anthony Scaramucci. Chatting with Decrypt in March, Scaramucci—who co-founded Skybridge Capital—mentioned he was “singularly targeted” on Bitcoin. “I’m with the large canine,” he added. 

Since then, Skybridge Capital has introduced that it’s going to launch a non-public Etheruem fund, however Scaramucci stays bullish on Bitcoin. He believes that this would be the 12 months the SEC will approve a Bitcoin exchange-traded fund (ETF). 

As well as, Twitter CEO Jack Dorsey has been one in every of Bitcoin’s most well-known long-term followers

Others like Tesla CEO Elon Musk are deeply intrigued by Bitcoin however have additionally criticized the flagship cryptocurrency’s influence on the setting.

Disclaimer

The views and opinions expressed by the writer are for informational functions solely and don’t represent monetary, funding, or different recommendation.



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