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Apple co-founder believes in Bitcoin

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Steve Wozniak He is the famous co-founder of Apple, along with Steve Jobs, and has long followed Bitcoin and the cryptocurrency sector.

He recently spoke at Jalisco Talent Land Digital 2021 during which he also spoke about Bitcoin.

In fact, El Sol de México reports that during his presentation he answered a question about Bitcoin saying:

“Gold is limited and you have to look for it; Bitcoin is the most incredible mathematical miracle. I don't invest in Bitcoin, but I believe in it for the future. "

According to the Apple co-founder, Bitcoin is mathematically pure and has the qualities to be a store of value.

Steve Wozniak He then went on to say:

“Bitcoin is something that protects value, it can be better than gold as we continue to find more and more gold. Maybe one day we can make gold, but Bitcoin is mathematically pure and we don't even know who created it. It is the most amazing mathematical miracle ever created. "

He then added that new bitcoins will never be created after the last BTC is issued, and that more than 80% of the BTC has already been created.

This is one of the key points that he said he likes best, namely that no one can decide to “create more bitcoins” than the protocol allows.

At this point he raised doubts about the practice of some governments, such as the United States, which sometimes simply decide to create more money by negatively affecting its real value due to inflation.

Steve Wozniak does not own Bitcoin

However, he also added that does not own BTC because the volatility of the value bothers you, so you probably should have sold the ones you bought in the past, since in 2017 you revealed that you had bought them.

The fact that he is a true and sincere appreciator of Bitcoin also arises from the doubts he has raised about those other crypto projects that claim to be better alternatives to Bitcoin, but instead "are just cryptocurrencies that have no value." He said that these projects tend to hire celebrities to promote a brand with advertising, whereas Bitcoin does not hire anyone and does not advertise.

However, also championed distributed ledger technology (DLT) and blockchain, Which could have a huge impact on the world. According to Wozniak, strength lies in being immutable, although immutability is achieved only with decentralization and is not an intrinsic quality of this technology.



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