Steve Wozniak: Bitcoin is mathematical

[ser54gold]

Apple co-founder Steve Wozniak: “Bitcoin is mathematical. I am a mathematician. There are only 21 million. It is more legitimate than other systems”

What do you think about that?

[gold1112]

Steve Wozniak is a clever man! And I think it is more crypto than math.
My prediction for BTC is 200000$ till 2020!

[Xester]

Apple co-founder Steve Wozniak: “Bitcoin is mathematical. I am a mathematician. There are only 21 million. It is more legitimate than other systems”

What do you think about that?

This kind of number for a coin is good, it is not too much but it is not too low. This number compared to the possible number of users will bring a great vale to bitcoin. The higher the demand coming from the people and with the limited number of bitcoin, this tendency is the main reason why the bullish people have predicted bitcoin to even reach 1 million dollar.

[Welsh]

Probably not one of his best statements I must say. I guess he's trying to shorten his response that because Bitcoin is limited to 21 million and can't be printed off or fabricated like conventional currencies it's more legitimate. I generally like Steve Wozniak but, he seems to use his authority figure here (mathematician) to back up his claim without going into the details of why it's limited to 21 million and why it's more legitimate than other systems.

Of course, I haven't seen the original interview(?) and it's likely that this has been taken out of context or is a snip bit of what he actually said. Do you have the source?

Steve Wozniak is a clever man! And I think it is more crypto than math.
My prediction for BTC is 200000$ till 2020!

More crypto than math? What do you even mean by that statement? Maths is involved in everything and crypto is a by product of that. Theere's no disputing that Steve Wozniak is incredibly smart and talented, but this isn't a quote that particularly outlines that. 

[Babyfaceless]

Will, he is an authority in the fields of Mathematics and computing. He knows algorithm fully well, especially during his early days when he and Steve Jobs created gadgets for exhibits and after they put up Apple. 

[beskid]

"There is a certain amount of bitcoins that can ever exist.  Gold is mined, mined and mined.  Perhaps in the world there is a finite amount of gold, but bitcoin is even more subjected to mathematics and it is regulated, and no one can change mathematics. "  Steve Wozniak
Wozniak continued to compare bitcoin with owning the house: "Your house is a value.  For example, the house - today, and in 40 years it will still be valuable - even if the price grows, and the government will charge more taxes. "

[Sar elok]

Apple co-founder Steve Wozniak: “Bitcoin is mathematical. I am a mathematician. There are only 21 million. It is more legitimate than other systems”

What do you think about that?

Love to hear the opinions of someone who has a vision as Steve Wozniak. So the more convinced of the future of the bitcoin going forward.

[seoincorporation]

Wozniak is, for sure, a brilliant dude, but, regarding Bitcoin, his speech has been quite unstable.

For instance, in January he claimed he sold all his bitcoins because he doesn't like to watches and care about the price of the coin. http://www.businessinsider.com/bitcoin-steve-wozniak-stockholm-apple-seth-godin-nordic-business-forum-2018-1

The transaction he made didn't go so well, for, apparently, even Woz was scammed: https://www.engadget.com/2018/02/28/steve-wozniak-bitcoin-scam-banks-credit-cards/

Anyway, the original phrase he said about bitcoin (supposedly) was: “Bitcoins to me was a currency that was not manipulated by the governments. It is mathematical, it is pure, it can’t be altered.”

[coinholic]

Apple co-founder Steve Wozniak: “Bitcoin is mathematical. I am a mathematician. There are only 21 million. It is more legitimate than other systems”

What do you think about that?

Well, coming from a genius, who am I to disagree? It is well known that Bitcoin was created on the foundation of solving mathematical problems. I could just imagine how freakin smart Satoshi is!!!

[Tan_avia)vl.]

This Steve Wozniak earlier, like, claimed he had a lot of bitcoins and he sold them all? Steve is a very gifted and talented person and I think he's to visit delivered anything to claim to visit a sorted out topic.

[Aleister Crowley]

Seems like a complete empty statement, yes bitcoin is the result of a mathmatical algorithm, and the cap is limited to 21m, but this doesn't in and of itself give bitcoin value. There have been plenty of cryptography based coins that have zero value, despite having total supplies under 21m. I don't believe he said this, or at least I think it is lacking context, please provide a source.

a lot of statements that do not happen .. we here need a reference link to read and review articles that show the possibilities or chances of where the prediction came from ,, although bitcoin is the best-selling crypto money ,, but did not rule out that the price will fall gradually. .

[AVAMONEY]

~snip~

This kind of number for a coin is good, it is not too much but it is not too low. This number compared to the possible number of users will bring a great vale to bitcoin. The higher the demand coming from the people and with the limited number of bitcoin, this tendency is the main reason why the bullish people have predicted bitcoin to even reach 1 million dollar.

With limited numbers, many people are interesting to holding it rather than spending it for daily payment.
This is mathematical logic, when 21M total has been mined and spread over many user and exchanges, the question is how many will be available to be trading on market?
Imagine when Bitcoin technology has been legalize and adopted in many digital payment stores platform, then many people will looking and buying it from the market, but supply in the market are available a few millions coins only, of course there will be impact of inflation and it prices will going to millions, isn't.

[Snarks]

What if every Bitcoin replaced money and represented a piece of the world, replacing stocks? All value in the world would be linked to Bitcoin and expressed in Bitcoin. How much money and stock value is there? Now take that number and divide it by the number of Bitcoin. That is the value of 1 BTC.

[keycellko]

Well Steve Wozniak may be intelligent in mathematics as he claim to be but i dont think he has anything more to say about bitcoin than anybody else here already knows. We know bitcoin is a program, a computer program using algorithms to solve a block of course it is mathematical. But by saying what he said, im thinking maybe there's something more to it. Maybe he meant something more than just saying its mathematical and that its total supply is 21m. Maybe we should read between the lines.

[abelmon66]

It is true that bitcoin is the result of a matter of mathematical algorithms, and bitcoin is the development of a very great mathematical science.

[Fire316]

      Yes ,bitcoin is mathematical and not just  Steve Wozniak is the mathematician but we also are mathematician in the field of crypto. Everything in crypto are using math,even in trading and doing prediction there is a math.We can mine bitcoin like gold but at this moment we can say that bitcoin is more valuable than gold and dollar because of it's higher value and it it is in demand.

[BitHodler]

I generally like Steve Wozniak but, he seems to use his authority figure here (mathematician) to back up his claim without going into the details of why it's limited to 21 million and why it's more legitimate than other systems.

Details matter for those who are familiar with them, which isn't really the case when it comes to the mass not knowing what things are fundamentally. It's likely a form of layman's language to make everyone understand it.

I tried to find out (simple research) what article it comes from, or what video interview, but it seems to be just a statement that people probably used (and probably twisted) as meme.

Either way, the statement as simple and short as it is, does hold a very strong message. It's a diss towards the mad printing habits of the governments leading to nothing but more debt and potential doom.

[motoprose]

Steve Wozniak's one brief statement is alot better for bitcoin than John Mcafee has done to it in the last four months with his twitter account.
Supporting ICOs and basically pumping coins for his own personal gain due to having a lot of followers on that social media platform.
That turns off a lot of people first who are just getting into bitcoin and see it is used by crooked business types such as what he has been doing for a while now.

[Roman Coinson]

This guy just wants to draw attention to bitcoin and increase its cost) I think that he bought bitcoin and not only one)

[Welsh]

Details matter for those who are familiar with them, which isn't really the case when it comes to the mass not knowing what things are fundamentally. It's likely a form of layman's language to make everyone understand it.

I tried to find out (simple research) what article it comes from, or what video interview, but it seems to be just a statement that people probably used (and probably twisted) as meme.

Either way, the statement as simple and short as it is, does hold a very strong message. It's a diss towards the mad printing habits of the governments leading to nothing but more debt and potential doom.

Yeah, I also tried to find the source but, my research yielded nothing albeit it wasn't a very thorough search.  When quoting in this instance it's annoying to that people tend to paraphrase rather than say what the quote actually said. Yeah, I assumed that's what is for taking a dig at and  he likely hinted at this more heavily, but if this was a serious question/interview then I would like to think he went into depth about the question rather than vaguely hinted at it. People need to know the downsides rather than having it encrypted by this statement.

I would disagree about details important for those who are familiar though. I think it's the opposite. People who are familiar with Bitcoin would know what he's hinting at here. Like me and you jumped to the conclusion he was referring to the counterfeiting issue. Those who aren't familiar with it though aren't going to jump to the same conclusion and it would become lost in translation. People who don't know about Bitcoin aren't going to know it can't be generated out of thin air. In fact you see the non informed often bring this up by saying "Bitcoin comes from nothing".