🔴 LIVE: The Secrets of ProPicks AI Success Revealed + November’s List FREEWatch Now

Apple Co-Founder Steve Wozniak Compares Bitcoin with Gold but Remains Skeptical About Altcoins

Published 03/07/2022, 08:35 AM
Updated 03/07/2022, 09:00 AM
Apple Co-Founder Steve Wozniak Compares Bitcoin with Gold but Remains Skeptical About Altcoins
AAPL
-
BTC/USD
-

Although Steve Wozniak is no stranger to praising Bitcoin, he has always been more fascinated by it as a technology than as a means of earning. Previously, Wozniak called Bitcoin “the most amazing mathematical miracle,” and recently claimed that Bitcoin is the only “pure-gold” crypto, in an interview with Business Insider.

On the other hand, he remains skeptical about the premise of Altcoins, especially regarding the population of shady projects. He said:

"There's so many cryptocurrencies that come out now; everybody has a way to create a new one, and you have a celebrity star with it. It seems like they're just collecting a bunch of money from people who want to invest at the very earliest stage, when it's worth pennies." Even though Steve Wozniak left Apple back in 1985, his views regarding blockchain technology match with the company from Cupertino. Tim Cook, the current CEO of Apple, has said, in his opinion, that metaverses has “potential.”

Check out some of the previous statements from Apple regarding crypto:

With a New Apple iPhone Feature, Cryptocurrency Payments May Become Easy Peasy Crypto Squeezy

Tim Cook of Apple Claims Metaverses Have “Potential”

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.