{"id":62817,"date":"2022-03-08T09:01:06","date_gmt":"2022-03-08T09:01:06","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=62817"},"modified":"2022-03-08T09:01:06","modified_gmt":"2022-03-08T09:01:06","slug":"apple-co-founder-steve-wozniak-on-crypto-bitcoin-is-pure-gold-mathematics","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=62817","title":{"rendered":"Apple Co-Founder Steve Wozniak on Crypto:  Bitcoin Is \u2018Pure-Gold Mathematics\u2019"},"content":{"rendered":"<p><img decoding=\"async\" width=\"696\" height=\"392\" src=\"https:\/\/www.cryptocabaret.com\/wp-content\/uploads\/2022\/03\/woz.jpg\" class=\"attachment-medium_large size-medium_large wp-post-image\" alt=\"Apple Co-Founder Steve Wozniak on Crypto: Bitcoin Is 'pure-gold mathematics'\" loading=\"lazy\"><\/p>\n<p><strong> Apple co-founder Steve Wozniak says Bitcoin is \u201cthe only one that\u2019s pure-gold mathematics.\u201d He is skeptical of most other cryptocurrencies. In addition, Wozniak is a fan of the metaverse but is less enthusiastic about non-fungible tokens (NFTs).<br \/><\/strong><\/p>\n<h2>Apple\u2019s Steve Wozniak Praises Bitcoin<\/h2>\n<p>Apple co-founder Steve Wozniak talked about cryptocurrency in an interview with the Insider, published last week. He said:<\/p>\n<blockquote>\n<p>There\u2019s 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\u2019re just collecting a bunch of money from people who want to invest at the very earliest stage, when it\u2019s worth pennies.<\/p>\n<\/blockquote>\n<p>Wozniak also noted that some people buy cryptocurrencies because they are not aware of the potential windfalls. \u201cThen they just fold,\u201d he said.<\/p>\n<p>While he\u2019s a fan of the metaverse, he\u2019s less enthusiastic about non-fungible tokens (NFTs) and cryptocurrencies, the publication conveyed. He said that for the most part, they are \u201cso up in the air,\u201d stressing that they have a track record of being \u201crip-offs.\u201d<\/p>\n<p>Wozniak has had first-hand experience battling crypto scams. In July 2020, he <a href=\"https:\/\/news.bitcoin.com\/steve-wozniak-sues-youtube-google-bitcoin-giveaway-scam\/\">sued<\/a> Youtube and Google for promoting bitcoin giveaway scams using his name and likeness. However, a judge ruled last year that \u201cYoutube and its parent, Google LLC, are protected by the federal law that shields internet platforms from responsibility for content posted by users.\u201d<\/p>\n<p>Bitcoin giveaway schemes continue to scam investors on various social media platforms. Wozniak is not the only one scammers like to feature. Tesla CEO Elon Musk, his company Spacex, Microsoft co-founder Bill Gates, Apple CEO Tim Cook, Berkshire Hathaway\u2019s Warren Buffett, and many other celebrities have also been found in fake crypto giveaways.<\/p>\n<p>In February, the reality TV series Unicorn Hunters, which Wozniak is involved in, introduced its own cryptocurrency called unicoin. Unicorn Hunters features a group of investors called the \u201cCircle of Money\u201d and entrepreneurs who pitch their businesses in search of investment funds. Wozniak is one of the judges on the show.<\/p>\n<p>Unicoin provides holders with dividends and equity positions from the portfolio of startups that the show invests in. The Apple co-founder described:<\/p>\n<blockquote>\n<p>It\u2019s really opening up the world of startup investment to the masses.<\/p>\n<\/blockquote>\n<p>Wozniak explained that unicoin is more conservative than most other cryptocurrencies because it is backed by professional investment decisions. \u201cA token\u2019s flaky on its own. It could even be worth zero,\u201d Wozniak said. \u201cI\u2019m hoping unicoin\u2019s very successful, but at least it\u2019s not based on zero, just based on words and talk. It\u2019s really based on the outcome of investments.\u201d<\/p>\n<p>Regarding bitcoin, the Apple co-founder said the cryptocurrency is:<\/p>\n<blockquote>\n<p>[The] only one that\u2019s pure-gold mathematics.<\/p>\n<\/blockquote>\n<p>This was not the first time Wozniak praised Bitcoin. In July last year, he said Bitcoin is a \u201c<a href=\"https:\/\/news.bitcoin.com\/apple-cofounder-steve-wozniak-says-bitcoin-is-a-mathematical-miracle\/\">mathematical miracle<\/a>.\u201d In October, he said that the largest crypto is \u201cmathematical purity.\u201d<\/p>\n<p>However, Wozniak is concerned that governments could disallow bitcoin and other cryptocurrencies. \u201cThe trouble is governments will never allow it to be out of their control. If it got to the point where everything is being done in crypto and didn\u2019t pass through governments for observation and taxation and all that, governments would just disallow it. They wouldn\u2019t give up their power,\u201d he <a href=\"https:\/\/news.bitcoin.com\/apple-co-founder-steve-wozniak-warns-governments-will-never-allow-crypto-to-be-out-of-their-control\/\">warned<\/a>.<\/p>\n<p><em><strong>What do you think about Steve Wozniak\u2019s comments? Let us know in the comments section below.<\/strong><\/em><\/p>\n<p class=\"wpematico_credit\"><small>Powered by <a href=\"http:\/\/www.wpematico.com\" target=\"_blank\" rel=\"noopener\">WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple co-founder Steve Wozniak says Bitcoin is \u201cthe only one that\u2019s pure-gold mathematics.\u201d He is skeptical of most other cryptocurrencies. In addition, Wozniak is a fan of the metaverse but is less enthusiastic about non-fungible tokens (NFTs). Apple\u2019s Steve Wozniak Praises Bitcoin Apple co-founder Steve Wozniak talked about cryptocurrency in an interview with the Insider, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":62818,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-62817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/62817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62817"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/62817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/62818"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}