Crypto News

“Bitcoin Can Never Be Created, It Is Mathematically Pure”- Steve Wozniak


Bitcoin [BTC] is mathematical purity with a very trustable format that cannot be easily changed with humans in control, is what the co-founder of Apple Steven Gary Wozniak believes. He went on to compare BTC with the US dollar which can be created by the government and used for borrowing but has never been fixed, unlike bitcoin. Proclaiming it as mathematical purity, the entrepreneur declared that there can never be another bitcoin.

While endorsing the king coin, Wozniak feels that the asset can be used ‘effectively’ for payments. He went on to add,

“Yes, I am in that camp that crypto will be used effectively. We have so many digital ways to pay for things now. Crypto just has a little bit of anonymity. I don’t know if that’s right that, I can do things without people knowing. It is hard to trace back crypto, though it is possible.”

Wozniak had on many occasions has shown support for cryptocurrencies. In 2021, speaking at a technology event Talent Land Digital in Mexico, Wozniak had termed BTC a “unique mathematical formula” and a “miracle of technology”. As per local news, the founder deemed the king coin to be much better than gold. “Gold is limited and you have to look for it, Bitcoin is the most amazing mathematical miracle. While Wozniak mentioned that he did not invest in Bitcoin, but ‘believe in it for the future.’

His interest in the asset was not simply limited to mere speeches. After his stint in Apple, Wozniak a.k.a Woz ventured into the blockchain space.

Wozniak’s love for Bitcoin led to this

45 years after he co-founded Apple in Steve Jobs’ parent’s garage in 1976, Wozniak launched his second company called Efforce, a blockchain-based enterprise in the energy efficiency space. According to a company statement, Efforce is a marketplace that enables companies to undertake energy efficiency measures at no cost so that they can invest their liquidity in more critical tasks.

The firm had also launched its own cryptocurrency called WOZX to securitize energy savings. In December 2021, Apple CEO Tim Cook grabbed headlines when he revealed he personally owns cryptocurrency while stating that Apple is looking at it from a technology perspective, but not from a treasury decision.





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