Updated 12 Jul, 2021

Apple Co-Founder Steve Wozniak Praises Bitcoin: “It’s a Miracle”

Apple Co-Founder Steve Wozniak Praises Bitcoin: “It’s a Miracle”

Key Takeaways:

  • Steve Wozniak joins a growing list of tech leaders who support Bitcoin
  • Apple’s co-founder considers bitcoin better than gold

Steve Wozniak is a Big Believer in Bitcoin

The co-founder of Apple, Steve Wozniak, recently got the chance to share his thoughts on Bitcoin and the looming cryptocurrency market and blockchain technology. “Bitcoin […] is a miracle,” Mr. Wozniak said during a presentation at Talent Land Jalisco, a four-day online conference focused on technological innovations.

Steve Wozniak has long been a supporter of cryptocurrencies. His latest commentary on the topic confirms he’s still involved and following the crypto developments. Although Mr. Wozniak has not invested in Bitcoin, he said he believes in it for the future.

His remarks on the digital currency space included a comparison between Bitcoin and gold. “Gold is limited and you have to look for it; Bitcoin is the most amazing mathematical miracle,” he said. Bitcoin has often been dubbed as “digital gold” for its safe-haven characteristics and its properties as a hedge against inflation due to its limited supply of 21 million coins.

The co-founder of Apple, who stood side by side with Steve Jobs as they created the Apple computer, said the future of technology looks more promising now as a lot more young talents are involved in the field than before.

Mr. Wozniak is Now Part of a Large List of High-Profile Crypto Supporters

Steve Wozniak is the latest among tech leaders to express support for the Bitcoin revolution. He joined the growing list of big names such as Jack Dorsey, CEO of Twitter and Square, and Michael Saylor, CEO of MicroStrategy. Others like Tesla CEO Elon Musk are in support of cryptocurrencies and Bitcoin, in particular, provided the technology shifts to using green energy that would reduce its carbon footprint on the environment.

Financial moguls have also joined the Bitcoin bandwagon. Some of them include Ray Dalio, CEO of Bridgewater, the largest hedge fund in the world, and Stanley Druckenmiller, a legendary investor who’s been in charge of George Soros’ fund and is now running his own investment vehicle.