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Apple Co-Founder shares his views on Bitcoin

  • In an interview with Bloomberg, Wozniak noted that Bitcoin has “seen massive value creation” and that “psychology will often drive markets.”
  • Earlier in a Money 20-20 event, Wozniak had called Bitcoin “pure” and “mathematically defined.”

Apple’s co-founder Steve Wozniak had a sit-down with Bloomberg’s Yousef Gamal El-Din to talk about various topics like AI, Machine Learning, and Bitcoin. Wozniak said:

“I’m not sure that I can buy that we’ve seen massive value destruction but I think we’ve seen massive value creation”¦ psychology will often drive markets”¦ I never invested [in Bitcoin] as an investor, I only had Bitcoin to experiment with and find out how to buy and sell things around the world, and find restaurants that accept Bitcoin.”

Wozniak’s love for Bitcoin has been known for quite some time. Earlier, on June 4, 2018, in the Money 20-20 event, Wozniak had heaped praise on Bitcoin, saying:

“Bitcoin is mathematically defined, there is a certain quantity of bitcoin, there’s a way it’s distributed”¦ and it’s pure and there’s no human running, there’s no company running and it’s just”¦ growing and growing”¦ and surviving, that to me says something that is natural and nature is more important than all our human conventions.”
 

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