The co-founder of Apple, Steve Wozniak, hasn’t been part of our cryptocurrency news section for a while. However, it appears that ‘The Woz’ is back and this time, he feels optimistic about the rise of Bitcoin.
As he said, BTC has a “massive value creation” all while thrashing Facebook’s CEO Mark Zuckerberg and stating that he lost respect for him amid the social media monopoly’s epic data-breach scandal.
In an interview with Bloomberg, Wozniak made a lot of remarks. What is important for the market is that ‘The Woz’ believes in it. More specifically, he said that Bitcoin will one day emerge as the world’s single currency and even despite the ongoing crypto winter.
“I’m not sure I buy that we’ve seen ‘massive value destruction.’ I think we’ve seen massive value creation,” Wozniak said.
He also echoed the sentiments of Jack Dorsey (Twitter CEO and billionaire) who recently said that Bitcoin is an original cryptocurrency that will supplant all other currencies in the next decade or so.
“I buy into what Jack Dorsey says. It’s not that I necessarily believe it’s going to happen, but I want it to be that way. That is so pure thinking,” the PayPal co-founder said.
Wozniak is known for selling his entire BTC savings during the 2017 bull market. As he explained, he didn’t want to be one of the anguished crypto traders who wring their hands every time the price goes up or down. He said:
“When it went up high, I didn’t want to be one of those people [obsessively] watching the bitcoin price, so I sold out. I don’t know where it is now, but it’s way over what I bought it at.”
He concluded with a statement in which he says that “he lost respect for Mark Zuckerberg and watching him speak” and pointed to some of the steps that he made and according to Woz, “are nothing.”
“I don’t trust that,” Wozniak concluded.
You can watch the full interview here:
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