Steve Wozniak: Bitcoin is Better than Gold The co-founder of Apple Computers believes that Bitcoin is superior to gold in several ways. He stated this in a conversation with CNBC at the Money20 / 20 conference in Las Vegas.
Steve Wozniak: Bitcoin is better than gold
The co-founder of Apple Computers believes Bitcoin outperforms gold in several ways. He stated this in a conversation with CNBC at the Money20 / 20 conference in Las Vegas..Wozniak believes that one of the main advantages of bitcoin is the limited emission volume, which is lacking in fiat money..
“There is a certain limited number of bitcoins that can exist,” he said. After that, he called the US dollar "dummy", while Bitcoin, in his opinion, is "genuine and real".
Wozniak also pointed out that gold cannot boast of a limited amount of emission, as people continue to come up with new ways of mining the precious metal..
“Gold is mined and mined and mined,” Wozniak says. “The amount of gold in the world may be limited, but bitcoin is a more mathematical and regulated thing. Nobody can change math ".
Wozniak was "delighted" when the cryptocurrency was first introduced to the world.
“I saw it as a form of money,” he said, adding that at first he did not understand how the blockchain works, but now he figured it out.
Initially, when he wanted to buy bitcoin, he was unable to do so, as it required a special bank account. Later, he was able to purchase cryptocurrency, when the rate had already grown significantly, and after the purchase, it immediately fell 2 times.
But Wozniak did not attach any importance to this. “I'm not particularly interested in finance,” he said, adding that he never followed Bitcoin, nor did he follow Apple's stock..
“My wife and I judge a hotel room by the number on the door, not by what's inside. We are mathematicians, "he added..
Recall that last week, Goldman Sachs analysts published a report in which they said that gold outperforms bitcoin on a number of criteria, and only the possibility of faster and less costly transfer of cryptocurrency is its only advantage..
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