Apple Co-Founder Steve Wozniak on Crypto – Bitcoin Is ‘Pure-Gold Mathematics’

- Advertisement -

Apple Co-Founder Steve Wozniak on Crypto – Bitcoin, according to Apple co-founder Steve Wozniak, is “the only one that’s pure-gold mathematics.” Most other coins make him apprehensive. Wozniak is also a lover of the metaverse but not so much of NFTs

In an interview with the Insider released last week, Apple co-founder Steve Wozniak discussed bitcoin. He stated:

“There are a variety of cryptocurrencies on the market right now. Everyone has the ability to make a new one. It appears that they are simply gathering funds from people who wish to invest at the earliest possible moment, when the money is worth pennies.”

Some people purchase cryptocurrencies because they are unaware of the profits, according to Wozniak. “Then they fold,” he explained.

- Advertisement -

Also Read: US Lawmakers Working on Policy to Open Crypto Markets to Institutional Investors

According to the publication, while he like the metaverse, he is less excited about non-fungible tokens (NFTs) and cryptocurrencies. He described them as “so up in the air” for the most part, emphasizing that they had a history of being “rip-offs.”

Wozniak has firsthand experience with cryptocurrency scams. In July 2020, he sued Google and Youtube for using his name and appearance to promote bitcoin giveaway scams. “Youtube and its parent corporation, Google LLC, are protected by federal legislation that exempts internet platforms from liability for user-generated content,” a judge said last year.

On a variety of social media platforms, Bitcoin giveaway schemes continue to scam investors. Elon Musk, the CEO of Tesla, his firm Spacex, Bill Gates, the co-founder of Microsoft, Apple CEO Tim Cook, Warren Buffett of Berkshire Hathaway, and many other celebrities have all been seen in fraudulent crypto giveaways.

The reality TV show Unicorn Hunters, in which Wozniak stars, debuted its own cryptocurrency, unicoin, in February. Unicorn Hunters follows a group of investors known as the “Circle of Money,” as well as entrepreneurs who present their firms in quest of funding. Wozniak is one of the show’s judges.

According to the co-founder of Apple:

“It’s truly making the world of startup investment accessible to the general public.”

Unicoin is more conservative than most other cryptocurrencies, according to Wozniak, because it is backed by expert investing decisions. “On its own, a token is flaky. “It could be worth nothing,” Wozniak added. “I’m hoping unicoin is a big hit, but at the very least it’s not based on zero, just words and chatter.” It’s entirely dependent on the results of investments.”

In regards to bitcoin, the Apple co-founder stated that it is:

“The only one that’s pure gold mathematics.”

Also Read: Ukraine Uses Donated Crypto to Pay for Military Supplies

Apple Co-Founder Steve Wozniak on Crypto – This was not Wozniak’s first time praising Bitcoin. In July of last year, he called Bitcoin a “mathematical miracle”. In October, he stated that the largest crypto is “mathematical purity.”

Wozniak, on the other hand, is concerned that governments may ban bitcoin and other cryptocurrencies. “The issue is that governments will never let it go outside their control.”

Governments would prohibit it if it reached to the point where everything was done in crypto and didn’t pass through them for taxation, inspection, and other things. He cautioned, “They wouldn’t give up their authority.”

Don't miss

Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program

Bank of Spain to Launch Experimental Wholesale CBDC Digital...

Elon Musk Says Twitter Will Delete 1.5 Billion Dormant Accounts

Elon Musk Says Twitter Will Delete 1.5 Billion Dormant...

Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners to Report Greenhouse Gas Emissions

Massachusetts Senator Forwards Bill Aimed at Forcing Crypto Miners...

Trevor Noah Bids Farewell to ‘The Daily Show’ in Emotional Final Episode Sign-Off

Trevor Noah Bids Farewell to 'The Daily Show' in...

‘Top Gun: Maverick’ Named Best Film of 2022 by National Board of Review

'Top Gun: Maverick' Named Best Film of 2022 by...

LEAVE A REPLY

Please enter your comment!
Please enter your name here