Apple co-founder Steve Wozniak believes Bitcoin represents “mathematical purity.”
The legendary technological innovator says in a new interview with Yahoo! Finance that the US dollar is not fixed because the government can just print more money and continue to borrow.
Bitcoin, on the other hand, cannot change its circulation, Wozniak explains.
“Bitcoin is not run by any company. It’s just mathematically pure, and I always believe in nature rather than people.”
Apple’s co-founder believes the crypto sector has an “awful lot of promise” and the potential to change business practices and other parts of society, even choice.
However, he doubts that governments will allow the crypto to become too powerful.
“I love when people like [Twitter CEO] Jack Dorsey is talking [about] how crypto should be the heart of our business. The problem is that the government will never allow it to be out of their control. If it got to the point that everything was done with crypto and it did not go through governments for observation and taxation and all that, the governments would just reject it. They would not give up their power. That’s where the heart of much of the power comes from – the US dollar. “
Wozniak also says he finds anonymity in the crypto sector a bit worrying.
“Crypto has just a little bit of anonymity, and I do not know if that is true … I think everything you do in life you need to be able to stand up and say, ‘Well, I’m doing this transaction. ‘ And [with] crypto, it’s hard to trace back to who does what. However, it is possible. “
Wozniak recently co-founded Efforce, a Malta-based blockchain company that aims to be the first decentralized and borderless platform that provides anyone with the opportunity to participate in and fund innovations in green technology through cryptocurrency and blockchain. -technology. The company’s native token is WOZX.
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Disclaimer: Opinions expressed by The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Be aware that your transfers and trades are at your own risk and any losses you may suffer are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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