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Apple cofounder Steve Wozniak: Bitcoin is better than gold, a miracle of technology

  • 2 mths ago

Apple co-founder Steve Wozniak is among a handful of global prominent voices backing Bitcoin and its future potential even as he himself is yet to invest in Bitcoin. Speaking at a technology event Talent Land Digital 2021 recently in Mexico, Wozniak called Bitcoin a “unique mathematical formula” and a “miracle of technology”. According to a local news portal El Sol de Mexico, Wozniak stated that Bitcoin is better than gold. “Gold is limited and you have to look for it; Bitcoin is the most amazing mathematical miracle. I do not invest in Bitcoin, but I believe in it for the future.”

Bitcoin is often regarded as digital gold for reasons more than the two being scarce and having finite supply. Bitcoin’s supply is limited to 21 million tokens. Moreover, the two don’t have a central authority such as a bank or a government to issue them and also have very liquid markets to be exchanged for fiat currency.

Continue reading: https://www.financialexpress.com/market/apple-cofounder-steve-wozniak-bitcoin-is-better-than-gold-a-miracle-of-technology/2288147/

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