Bitcoin Forum

While talking about facebook, AI and future technologies the reporter asks his view on bitcoin and this is what he has to say
It begins at the 4 minute mark if you just want to skip to that part of the interview.
https://www.youtube.com/watch?v=G2f55VpFC5o

He was wanting to own some was for experimental purposes and not to make any financial gains from purchasing it. He sold before the price went up so he didnt make anything from his holdings.
But he says he sees it as the worlds single currency one day.

I do not think so. When the whole world will one country, it will be possible, otherwise  each country has its own arrangement, the country does not have to depend on money, but the money have to depend on country.

That right. Also in order for bitcoin to become a world's single currency I think first of all the whole population on the earth should use only one currency like EUR or USD and than make the change to bitcoin. That's seems impossible, at least for now so it also seems impossible for bitcoin to become the only currency existing.

Visionary Steve Wozniak is positive towards both the  bitcoin and blockchain he is heading one of the blockchain startups and he holds bitcoin also

Man I wonder how many times tech/investment people actually get asked about this. Wozniak was asked about this before, and it seems his view is pretty consistent:

https://www.cnbc.com/2018/06/04/apple-co-founder-steve-wozniak-hopes-bitcoin-will-become-global-currency.html

This can probably explain why people like Dimon seem so irate when asked about it. They could be talking about it a lot more behind the scenes lol.

I also disagree that bitcoin will be the world's biggest reserve currency, though I think it will be used as a reserve similar to gold. For central banks, bitcoin has the advantage in that it does not require physical space. Bitcoin will likely be used to stabilize national currencies.

haha, Dimon loves to be asked about bitcoin. in fact i wouldn't be surprised even if he requested to be asked about bitcoin behind the scenes! they have made millions of dollars from things he has said so far, starting from the most obvious one during 2017 where he called bitcoin "fraud" and in that crash they bought a large amount of bitcoin. and now they have also created their own centralized shitcoin which they advertise, using bitcoin as an excuse.

Lol yeah maybe Dimon is actually a horrible example. I should have gone with someone like Buffett. Either way, I just wanted to point out that some people get angry when someone high profile badmouths crypto without realizing that maybe the media baits them. But eh, some media mileage is better than no media mileage I suppose.

Steve Wozniak must be one of the unluckiest people in this world. He got screwed by Steve Jobs back in the day and are valued at almost $100 million. Steve Jobs his co-founder was worth around $10.2 billion at the time of his death. Now, he invested some money into Bitcoin and sold everything before the ATH in 2017.  ::) 

I still remember how big a deal it was, when "Woz" announced that he bought some bitcoins back then.  ;D  This guy should have been filthy rich and one of the Top 10 richest people in the world.  :(

Maybe what he's trying to imply is the world's 'single digital currency' because Bitcoin is the father of cryptocurrency and the have the most biggest market cap. today.

Different countries has their own currencies that's working for ages now to their cultures and I also believe that countries will not depend on a currency that's intangible.

I'm not sure we've seen tremendous value destruction, but I think we've seen tremendous value creation... Psychology often drives the market... I've never bought Bitcoin as an investor. I bought Bitcoin just to experiment, learn how to buy and sell it, and find restaurants around the world that accept it.

there no surprise that anybody with half a brain would see the true potential in bitcoin as a decentralized currency that is unique in our world. and someone like Steve Wozniak is one of the experts who see the true potential in things that is why he was involved in Apple in first place while others were sleeping on that opportunity.

Unlike Warren Buffet, Steve Wozniak is pro Bitcoin. The fact that such powerful and successful individuals are discussing BTC is achievement on its own.

Steve Wozniak didn't say positive things about crypto for the first time. Even back in June 4th, 2018, Steve made the below quoted statement during an interview with CNBC,


He is one of the popular crypto enthusiast who actually thinks positive about crypto technology and its future. If you want to read this previous statement, see the link below,

https://www.cnbc.com/2018/06/04/apple-co-founder-steve-wozniak-hopes-bitcoin-will-become-global-currency.html

I wouldn't agree with that. People just give too much attention and importance to the statements of different CEOs, so called experts and similar. But don't forget that in first place they speak because of their own promotion and interests, not because of Bitcoin. And in some other occasion they will say something else, so why bothering at all.

Remember that common sense isn't so common. It is an easy job to educate those kinds of people about the underlying technologies, and what is the benefit of Bitcoin in economy/ financial space. But what the problem is to increase adoption we need to create a friendlier environment to the people. Some tech-savvy guys will sure know the potential of Bitcoin, but for the majority of the people, they are illiterate about cryptocurrencies.

Steve Wozniak isn't pro Bitcoin, he just likes the general idea of it. Being pro Bitcoin isn't all that pro Bitcoin when you take into consideration that he sold the few coins he bought for experimental purposes. He didn't even try Lightning Network, not even mentioned it, while it's one of the most importantant things that Bitcoin has going for it as we speak.

If Bitcoin will be that world currency one day, Lightning will play an important role here. Ignoring it just points out how much he's interested in Bitcoin. ::)

the wizard is always very positive about BTC and I am, too. but being single currency of the world will take more than couple of centuries.

He was right to say that it would be the only currency in the future. But he was wrong before he did not believe in Bitcoin and sold it before it rose. This is a valuable lesson for him to learn how to earn more money in Cryptocurrency is never give up.

I don't aline myself in the body of people who think bitcoin will become one generally used currency. That means we are likely to have one country either called,l "global country" for that to be visible, because countries would like to retain their identity if they are still existing as one country individually.

I do agree. It is impossible currently for the world to shift the fiat system to a digitalized transactions due to economic discrepancies present among first world and third-world countries. In addition, the difference in technological advancements, infrastructures, and economic condition is greatly overwhelming that third-world countries are in the burden of providing their own resources in accessing bitcoin. Not to mention, they have different priorities compared to first world countries (first-world problems meme).

Although a digitalized form of payment may seem impossible, we may see this inevitable change in the future once all countries are capable of utilizing such.


It is indeed an achievement and another milestone reached in terms of its reputation. Maybe in the near future, we might see a collaboration by Apple which may affect the price of bitcoins in the future.

As it stands right now it would be impossible for bitcoin to be the world's single currency.  It can't handle that many transactions per second to handle all the commerce in the world.

It's funny how people in the technological industry seems to be veering in favor of bitcoin like wozniak and musk, compared to businessmen like warren buffet and jamie dimon. Wozniak probably sees the potential of crypto way beyond it's monetary value.

Hearing or seeing some news that experts just like CEO of Apple Steve Wozniak, tried to use digital currency and their views about it makes us have some hopes that it's price will not remain still  and will become normal someday. They are very strategic with their decisions. So amazing.

Wow, thanks for sharing this! I liked his reaction that we saw not value destruction but value creation. He's a good guy. For him Bitcoin is not like stock for trading, it's a nice technology and the future of money. I wish more people thought this way. He also respects privacy and protection of personal data and encourages regulation of violation of them.I am also not sure bitcoin can make it as a single currency, not without solving scalability issues. However, maybe it's not impossible to solve them after all.

Same logic as those selling books of billionaires' way of life and how they got their money. People follow where success is, and even though the person talking doesn't really know much about the subject, people would still believe them no matter what. That's the influence billionaires have on average Joes.


Partly true, but some are really towards the welfare of the people. One fine example is Elon Musk. The dude is not perfect, but really speaks for what he thinks is the best for most people.

"World single currency? "Nah, I also disagree with most people here. To make Bitcoin the world single currency, there will be an elimination of different cultures and beliefs to make it make it one which is quite impossible.
What we should be hoping for is a situation whereby Bitcoin is acceptable in every state.

If he had said this before then I guess he took it back now. I wonder if its true that he sold out all the bitcoin he had and never get into it again. Its possible because after all he has more things to do than put all his strength into crypto. If Wozniak had once tried trading cryptocurrency then he must feel the thrill of this market, I doubt if he can resist the thrill.  ;D

it's time that our news channels be smarter and forget certain people. Search for opinion of analysts who do not have any bitcoin and do not use bitcoin, Search for opinion of technology genius that has no bitcoin and does not use bitcoin, it's unnecessary and unproductive. Let's be honest, the guy does not have bitcoin and the guy does not use bitcoin so what kind of influence or inspiration could this guy bring to the crypto world? he brings nothing. it would not do any good for the crypto world, unless it had bitcoin, got involved with the crypto community and used bitcoin

Yeah, but what currency will exactly become that only one?

That's good to see a positive thought on the bitcoin from a technology person. Also it is completely his own view upon making small investments on bitcoin as well on his usage on varied platforms. I have only one thing against the statement, when it is unable to unite every country into a single one it isn't possible to make bitcoin the world's single currency. Maybe it can be used on the perspective of a virtual currency for cross border transactions while each country have their own cryptocurrency for transaction within the country.

Sucks that he sold his holdings way before it even got to the ath. I don't exactly see him being pro bitcoin but he definitely see the uses and how  it can be a better system than fiat.

Whether it's become a single currency however is a different matter. Using it as a digital gold maybe a more possible scenario.

As long as bitcoin becomes worldwide accepted, that will be enough. It doesn't matter if other coins coexist, but knowing you can travel anywhere and they will accept your bitcoins is going to change things and pave the way for major adoption.

Say goodbye to banks and foreign currency exchanges, earn bitcoins and pay bitcoins, worldwide. It might with time become a de facto world coin...

Does any of you really believe Wozniak when he says he's in for the technology? He was in it for the money that's why he sold early when we went into the bear market and didn't buy back, even when we were scraping the bottom at 3000.
Wozniak is launching his own project with the money he got from trading. It's all to make more money not to make the financial sector decentralized.

Steve Wozniak must be a pretty unlucky person for having to sell his bitcoins for no profit price. Although he bought it for experimental purposes, it surely didn't make him any profits.
Besides that, I wonder what experiment did he wanted to do with bitcoin  ;D . His insight to see bitcoin as an only global currency is far too beyond in the future.
I think he could have been a little more realistic before making such statements.

Uhm... For me it's hard to see bitcoin as a world's single currency. There's fiat and it will be hard to adapt digital currency to all country. If its possible, it would take more years. Thinking about what he sees, countries have different currency. For them to use one currency, it needs unity and then make it digital. Its kinda hard to see that the whole world would be united as one and decided to use one currency.

Hey Steve has been a bitcoin proponent for a very long time now, he has openly suggested people to be invested in it. While I like the fact bitcoins is being backed by him, but bitcoins prices can never be normal bitcoins prices will always remain volatile never forget that. Also I do not think his statement about bitcoins becoming one single currency for all countries will ever come true, as many countries have banned bitcoins.

What Steve Wozniak said's merely the nature of his support for the development of cryptocurrencies, and it will not bring any change especially as a single world currency because whatever he says, everything will return to the power of its users along with rules/restrictions imposed by the government. But even so, what Steve Wozniak said will hopefully come true as expected by crypto users especially bitcoin users.

there are many assumptions from some of the big people for bitcoin, as well as the experiments they do. but that will not be the basis of a definite judgment. however Bitcoin has been traded for more than a decade.
and regarding the assumption of a single currency throughout the world, I strongly agree that bitcon can become

I do not think it ever will, the dollar and pounds that are one if not the strongest and most stable Fiat currencies have not been able to dominate the world and make their currency the only one in the world.
It's just not possible, there are so many countries in the world, and all this nations have their different currencies, different economies etc, no currency can lead the world and the bitcoin isn't even close to being one.
And on a second thought there is no reason why we should want that, as long as bitcoin can be used in all the countries of the world, not as the first currency, but an alternative, then I think we've achieved so much if that happens

He did not intend to hold his bitcoin like a pro because steve himself is alread a multi billionaire because apple products are too indemand despite their expensive cost but steve is better than some influencial and powerful person out there because atleast he try to buy and hodl a bitcoin  .  others are only plain hater   , they instantly dislike bitcoin without even trying it  .

The Woz loves technology, that's why he purchased bitcoin back then to experiment and now he has a lot of positive things to say about it.

Oh well, Steve was not after the gain I guess, he just wanted to get a feel of this technology that's why he didn't hold that long and maybe he just bought a few so it doesn't makes any difference, he already has tons of money to begin with.

The secret is not having bitcoin. The secret is selling bitcoin!

I am glad Steve Wozniak sees former Apple CEO sees the great potential in bitcoin and believes it will become a major currency in the nearest future.  His opinion is highly supported and i believe we will continue to see other big names in the world accept and support bitcoin and its great ideology.

i just watched the youtube video and I am glad Steve Wozniak former Apple CEO believes bitcoin is the future of money. it is good to know such a man of such status believes the bitcoin ideology and I know soon enough other top society men who for now crutisize bitcoin will also have faith  in it too.

I will only disagree the statement credited to Steve Wozniak saying that Bitcoin will become world single currency in the future, It will absolutely be difficult to actualize that aim due to varying economic policies of each individual country although bitcoin may be used as an alternative to whatever digital currency that will be adopted but cannot take total control of the whole global currency.

Technology visionary Steve Wozniak is very much positive towards cryptocurrency and blockchain technology he even owns bitcoins and he is advisors for blockchain startups companies as well

Reading some things about bitcoin and the technological back up, one shouldn't be saying they are just holding bitcoin for experimental purposes when a rival company already have an inbuilt cryptocurrency wallet on their phone. The truth is that bitcoin will defeat all known traditional currency. Am glad I know about bitcoin at this stage of my life even though I didn't take chances during the 2017 bull run.

Steve is in it for the long-term! Bitcoin is not gonna back down coz of a bear market. Only the newbies will be crawling to the ground.

I think Woz was careful with his words, these people have too much spotlight on them especially with regulations and figuring out what is okay with crypto nowadays in the states. My belief is the internet generation is in it much more than we realize

Woz was very positive in what he said, which is a high-grade impulse, since the long-term effects can be seen, not instantaneously reflected in the price of bitcoin, however, a person so influential, that is in charge of a great world-class brand, accepts and supports Blockchain technology, this will have a good effect on the entire competition, as they will not want to be left behind.

It is really hard to make bitcoin the single currency around the world. But this also could've made a small impact upon the market of bitcoin. The speculative nature of bitcoin makes it react positive to good news and negative to bad news to certain extent. As mentioned it will get used as an alternate to the traditional fiat and not a mainstream currency.

It could be one day when each countries own currency begins to fail those leaders will look for an alternative so they can pay the countries resources in order to run them.
So many of them on verge of collapse. Firstly venezuela then a large country such as great britian when brexit will be fully in the throws will get the other bigger countries to take heed into looking at cryptocurrencies as a bandage to their problems.

I was checking live transactions on the bitcoin network just today and see that we're on ~4tps, we're not even close to 10% of the world's population using it and we're halfway of choking it's limit in a relatively calm time, I also believe that bitcoin has the capacity to become the world's single currency but there's lots of improvements to be made.

Every single fiat currency has already started the process of failing, and that decades ago. Most countries also have to deal with a massive national debt they won't ever be able to pay off, regardless of how much money they print.

What worries me about countries with large Bitcoin holdings is that it gives them more incentive than ever before to steer development in a certain direction or even attempt to reverse transactions they don't approve.

We haven't yet seen the true nature of governments and I think it's only a matter of time before we do. The longer they stay out of this space the healthier Bitcoin's ecosystem is.

Well, I can completely agree with Steve Wozniak, because I never cared about the bitcoin price much it was just like a surprise for me for staying in this community. I have seen the price grow from 5$ to 5000$ in past few years, I have seen many crashes and I was also suffering in them, I have seen many people committed suicide after exchanges got hacked any many more things. after all this, I am in this community just because I love technology more than its value. I know people will leave bitcoin if it faced some mega crash and price dropped to 500$ but I won't leave it.

Time will tell where btc and blockchain technology is heading, 5 years back nobody believe btc will ascend to this level of success both in development and recognition, so 5-10yrs ahead who knows where this technology would be globally, definitely there will be more Wozniak to adopt btc in the coming years, in the end i hope btc will not solely lies in the hands of some wealthy few who has the power to influence price.

Absolutely mate the government controls the money (bad sad to say that the government was being controlled by money because of corruption and this made things different from what it must be)but regarding to the apple former CEO this will never become reality because for sure leaders of each countries will agreed and disagreed to some issues .so basically this will never applicable in this generation

Glad that he's on the positive side about bitcoin. I'm not against how he sees bitcoin in the future as the world's single currency. Its good that he believes in bitcoin like that. But for me, it'll be still hard to make bitcoin as the world's single currency.

I read many of the users are not agreeing it as "world Single currency" but I see it as possibility.  In future when countries have to do trade, they can simply trade in BTC and do not have to trust each other currency or currency of any third country.