Apple’s Wozniak praises Bitcoin, calls it “world’s reserve currency”

February 28, 2019
Chris Wheal

In his historical video interview with Bloomberg, Steve Wozniak, famous engineer and co-founder of Apple, has referred to Bitcoin as a “massive value creation” and “world’s reserve currency.”

wozniak bitcoin

Wozniak went further and emphasized that he personally had a chance to experiment with Bitcoin and he was impressed with its “mathematical purity.”

He additionally added that he was able to find out how to buy and sell things with Bitcoin around the world, and also find restaurants and other real-life use cases to spend it.

Wozniak reportedly has not been involved in investing himself, and never used any trading stock apps, even Apple. Nevertheless, he sold his Bitcoin “when it went up high.”

“I don’t want to be one of those people watching the price of Bitcoin, so I sold out,”

he noted.

Notably, Steve Wozniak is not only involved in speaking, when it comes to cryptocurrencies. In 2018, he co-founded a blockchain-focused venture capital fund, EQUI Global. According to Wozniak, the company’s mission is to “seek, support and fund the blockchain and tech stars of tomorrow.” He also mentioned that the blockchain fund was the second project in 20 years he was involved in, after Apple.

“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 stated.

More and more prominent tech figures have been embracing bitcoin recently, including Twitter’s CEO Jack Dorsey, who stated that Bitcoin will become “the Internet’s Currency.” Notably, Dorsey is also the founder and CEO of Square, a mobile payments company, which reportedly generated $43 million in Bitcoin revenue in 3rd quarter of 2018.

According to industry leaders and experts, 2019 is set to be a historical year for cryptocurrency worldwide.

Post written by Chris Wheal
Chris Wheal is editor of OpenLedger's news and features service. An award-wining business journalists himself, he runs a team of freelance journalists from across the UK and north America.

Related News

OL DEX is closing all activities April 25, 2020
USDT (ERC-20) Gateway Enabled April 17, 2020