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Author Topic: Steve Wozniak Calls Bitcoin a "Miracle," Says It's Better Than Gold  (Read 340 times)
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July 09, 2021, 11:42:40 AM
 #1

According to El Sol de México, Apple co-founder Steve Wozniak called Bitcoin "the most amazing mathematical miracle" during the Jalisco Talent Land Digital 2021 event.
He also believes that this index currency is more valuable than gold. Because gold is not scarce enough:
"We keep finding gold. One day, we will manufacture it in factories."
Even if the 70-year-old tech entrepreneur does not personally invest in this leading cryptocurrency, Bitcoin, he is convinced that the cryptocurrency will have a special place in the future.
Wozniak has been a staunch supporter of Bitcoin for years. In June 2018, he said he would like the currency to become a global single currency.
In December, he launched his own cryptocurrency company, Efforce.
During the recent event, the legendary computer engineer said that artificial intelligence (AI) and augmented reality (AR) could change people's lives for the better.


Source: https://u.today/apple-co-founder-steve-wozniak-calls-bitcoin-a-miracle-says-its-better-than-gold

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July 09, 2021, 11:51:36 AM
Last edit: July 09, 2021, 12:36:27 PM by NeuroticFish
 #2

In December, he launched his own cryptocurrency company, Efforce.

This ^^ is the part that tells that he indeed believes in crypto.
Edit: A token "company"? I'm disappointed.

After this company was made, all his further public declarations on the matter are biased  Wink
But I don't deny either that they do help  Smiley

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July 09, 2021, 11:56:54 AM
 #3

In December, he launched his own cryptocurrency company, Efforce.

This ^^ is the part that tells that he indeed believes in crypto.

After this company was made, all his further public declarations on the matter are biased  Wink
But I don't deny either that they do help  Smiley
I guess when it furthers their interest, people will side with some of the things that they previously didn't care for or have previously opposed. Also, it's not like it's worth to listen to what he says because as you've said, it's biased.

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July 09, 2021, 12:22:39 PM
 #4

In December, he launched his own cryptocurrency company, Efforce.

This ^^ is the part that tells that he indeed believes in crypto.


His own token? Haha.

Quote

After this company was made, all his further public declarations on the matter are biased  Wink
But I don't deny either that they do help  Smiley


What I found funny with that article is, Bitcoin was mentioned, praised, and then it went on with the story that he launched a new “cryptocurrency company” called “Efforce”. I went to the website, it shills a “Woz” token.

Is he truly the founder of the company?

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July 09, 2021, 12:41:10 PM
 #5

His own token? Haha.

What I found funny with that article is, Bitcoin was mentioned, praised, and then it went on with the story that he launched a new “cryptocurrency company” called “Efforce”. I went to the website, it shills a “Woz” token.

Is he truly the founder of the company?

OMG  Shocked
I've edited my post. I was not expecting something as low as just another token. I was expecting a proper company, not just some buzz words and a token sale  Sad

And yeah, I start to believe that somebody is just using his name there, I've seen no reference about this "wonder" token on his twitter.

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July 09, 2021, 12:50:15 PM
Merited by SFR10 (1)
 #6

What I found funny with that article is, Bitcoin was mentioned, praised, and then it went on with the story that he launched a new “cryptocurrency company” called “xxx”. I went to the website, it shills a “xxx” token.

It's not funny, it's a way to promote something of your own, but to attract an audience you have to tell them first what they want to hear, and when the co-founder of Apple says Bitcoin is "the most amazing mathematical miracle", people are thrilled and sure will take a look at his project. In other words, "Bitcoin is a miracle, but I have something even better."

By the way, Steve Wozniak has become known to the crypto community in 2018 when he fell for a cheap trick and lost as many as 7 BTC, which does not really portray him as an intelligent man - because if he had the attitude he has today, he would certainly have acted differently.

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July 09, 2021, 12:53:14 PM
 #7

He just trying to advertise his own currency
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July 09, 2021, 01:40:40 PM
 #8

And yeah, I start to believe that somebody is just using his name there, I've seen no reference about this "wonder" token on his twitter.

It's been on CNBC, so it should be safe to say that he at least consents to the use of his name:

https://www.cnbc.com/2020/12/04/apple-co-founder-steve-wozniak-is-starting-a-second-company-efforce.html

What I found funny with that article is, Bitcoin was mentioned, praised, and then it went on with the story that he launched a new “cryptocurrency company” called “xxx”. I went to the website, it shills a “xxx” token.

It's not funny, it's a way to promote something of your own, but to attract an audience you have to tell them first what they want to hear, and when the co-founder of Apple says Bitcoin is "the most amazing mathematical miracle", people are thrilled and sure will take a look at his project. In other words, "Bitcoin is a miracle, but I have something even better."

By the way, Steve Wozniak has become known to the crypto community in 2018 when he fell for a cheap trick and lost as many as 7 BTC, which does not really portray him as an intelligent man - because if he had the attitude he has today, he would certainly have acted differently.

To be completely fair, I can't find any reference of him talking about his token on that event. The article OP shared just decided to promote that on their own -- other sources like CoinTelegraph doesn't mention it at all. Woz is probably being genuine here.

But yeah, I'd say it's likely that Efforce is just using him as a figurehead. It's not much better than active involvement, but that's something at least.

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July 09, 2021, 01:45:49 PM
 #9

By the way, Steve Wozniak has become known to the crypto community in 2018 when he fell for a cheap trick and lost as many as 7 BTC, which does not really portray him as an intelligent man - because if he had the attitude he has today, he would certainly have acted differently.

classic advertising method that we often find in various advertisements to promote what he has of course he must have an audience love initiative and try to praise Bitcoin. like you said, that he has something better.
Bitcoin statement is just a bait.
so it's not really from the bottom of my heart to express my admiration for Bitcoin.

a way of advertising that is still reasonable, because the crypto population in the world has recently increased. so he has the material to keep the audience interested in listening to what he has to say.

the audience will say "wow he loves Bitcoin as much as we do, so we need to support him"

then Steve Wozniak offered a solution, namely the Token. Lol

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July 09, 2021, 02:20:58 PM
 #10

It’s quite cool that he speaks positively about bitcoin but kind of irrelevant to us unless he puts bitcoin on Apple’s balance sheet. THAT would be something bullish.

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July 09, 2021, 03:57:58 PM
 #11

--snip--
But yeah, I'd say it's likely that Efforce is just using him as a figurehead. It's not much better than active involvement, but that's something at least.
This  seems to be correct.

I tried reading through the information. So, the platform and company Efforce is an evolution of a company called AitherCO2 which is the actual entity behind the project. The whole tokenomics is kinnda strange. They didn't do an ICO but the company and those "founders" will receive millions of those WOZ tokens in the coming years under a vesting schedule.

In return, they have launched a platform where you can buy their token as a form of contribution to Efficiency projects. (And contribute to pay them by creating a secondary market for all those vested tokens they'll unlock each month). They are essentially crowdfunding efficiency projects AND connecting clients and providers of these efficiency measures. The resulting energy savings have a market of their own, as we all are probably aware of. Those savings are then diverted to another secondary token, called MWOZ (Yeah, really..)

Contributors earn these MWOZ tokens which can be sold or used to offset your own bills (a planned functionality). On the surface, like all the other projects with "ICO" in their name, this is an idea that could work. Whether it does or not is up in the air as always with these things.
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July 09, 2021, 04:11:32 PM
 #12

According to El Sol de México, Apple co-founder Steve Wozniak called Bitcoin "the most amazing mathematical miracle" during the Jalisco Talent Land Digital 2021 event.
He also believes that this index currency is more valuable than gold. Because gold is not scarce enough:
"We keep finding gold. One day, we will manufacture it in factories."

Even if the 70-year-old tech entrepreneur does not personally invest in this leading cryptocurrency, Bitcoin, he is convinced that the cryptocurrency will have a special place in the future.
Wozniak has been a staunch supporter of Bitcoin for years. In June 2018, he said he would like the currency to become a global single currency.
In December, he launched his own cryptocurrency company, Efforce.
During the recent event, the legendary computer engineer said that artificial intelligence (AI) and augmented reality (AR) could change people's lives for the better.


Source: https://u.today/apple-co-founder-steve-wozniak-calls-bitcoin-a-miracle-says-its-better-than-gold


I doubt the artificial gold will be of thesame quality or of thesame value as natural Gold. Maybe call it Clone of Gold or something.. More like how you have Bitcoin and many Bitcoin clones which look similar but are not exactly thesame. So real Gold, as real Bitcoin will remain scarce and can't be counterfeited
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July 09, 2021, 04:17:07 PM
Merited by Lucius (1)
 #13

It’s quite cool that he speaks positively about bitcoin but kind of irrelevant to us unless he puts bitcoin on Apple’s balance sheet. THAT would be something bullish.

On what company's balance sheet? Tongue He left Apple in the 80s. And even if he still has Apple shares(not sure how much, but he's sold a lot back then), he wouldn't have enough power to affect Apple's decisions concerning their balance sheet.

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July 09, 2021, 04:40:10 PM
 #14

Industry leaders are clearly divided into three parts about bitcoin.

1. Bullish and ultra bullish - Elon Musk, Robert Wozniak etc.
2. Bearish - Jemie Dimon, Warren Buffet etc.
3. Not interested- remaining all

Some says bitcoin is a miracle, some says it would reach 1 million dollars per bitcoin in future. There are also people who says bitcoin will be banned as it is bad for economy.

So my suggestion is that, keep on listening to them but when it comes to your decision, use your own brain and do what you think is best for you. No need to listen to any of these industry leaders. You are likely to get more confused!

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July 09, 2021, 04:53:23 PM
 #15

Even if the 70-year-old tech entrepreneur does not personally invest in this leading cryptocurrency, Bitcoin, he is convinced that the cryptocurrency will have a special place in the future.
Wozniak has been a staunch supporter of Bitcoin for years. In June 2018, he said he would like the currency to become a global single currency.
A little bit contradictory, no? If he doesn't invest in bitcoin it means he isn't a bitcoin adopter, at same time he call it a miracle and would like to see bitcoin as global single currency. Huh
If it were actually true, he would want to be part of bitcoin community, otherwise it just looks like he wants some sympathy from bitcoin enthusiasts to his own crypto project that has nothing to do with bitcoin. After Elon Musk I think a lot of people learned to not listen to beautiful words and they were 100% legit.

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July 09, 2021, 05:06:30 PM
 #16

I agree with him but I do not agree the reason he is putting forth. Honestly gold is actually scarce at places and the value changes internationally very often. When we talk about bitcoins I for sure consider bitcoins to be superior as compared to other things and at the same time, some of my reasons are :
1. Potential of growth of Bitcoins is far more as compared to other valuable metals like : Gold.
2. It does not dip that bad but on the other hand with Bitcoins the dios can actually actually be turned into a good thing really easily.
3. You do not have a starting value with Bitcoins therefore it's very convenient for everyone.
4. You can not only use it as an investment but also pay for with it.

Let us look at the graph of both of them :





I do think we can easily see who achieved greater profits and gave people more chances to buy and hold.

( Graph taken from google)

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July 09, 2021, 05:44:17 PM
 #17

According to El Sol de México, Apple co-founder Steve Wozniak called Bitcoin "the most amazing mathematical miracle" during the Jalisco Talent Land Digital 2021 event.
He also believes that this index currency is more valuable than gold. Because gold is not scarce enough:
I personally respect Steve Wozniak for his innovation and his skills and Steve Jobs made money and fame because of his contribution and skills and i am happy to hear what he has to say about the BTCitcoin market but the trend now is that someone come aboard and talk good about the market and then later on come back to bite the market, logically what she said is true, gold is unlimited unlike the limited number of BTCitcoin.
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July 09, 2021, 05:57:47 PM
 #18

OMG  Shocked
I've edited my post. I was not expecting something as low as just another token. I was expecting a proper company, not just some buzz words and a token sale  Sad
And yeah, I start to believe that somebody is just using his name there, I've seen no reference about this "wonder" token on his twitter.

Nope, unless this is an AI-generated movie, it's him alright:
https://www.efforce.io/team

And the shitcoin is doing..great...
All-Time High   $3.66 -80.4% Dec 09, 2020 (7 months)

I doubt the artificial gold will be of thesame quality or of thesame value as natural Gold. Maybe call it Clone of Gold or something..

Gold is a chemical element, so it will either be gold or it won't be gold, there is no "quality" involved, this is not like natural leather and polyurethane.

.
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July 09, 2021, 06:23:06 PM
 #19

Those type of positive statement will circulate more in the upcoming days as more and more industrial leaders are launching their own crypto projects. So, it's one kind of shilling as reporters will try to findout if they are having investment into bitcoin or having any connection with crypto based projects. But it's really good for bitcoiners while we're having fuds and market is on correction. But it's nothing new to diamond hand hodlers, IMHO.  Cheesy

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July 10, 2021, 07:13:50 AM
 #20

Nope, unless this is an AI-generated movie, it's him alright:
https://www.efforce.io/team

And the shitcoin is doing..great...
All-Time High   $3.66 -80.4% Dec 09, 2020 (7 months)

While I'm mostly against the unnecessary usage of tokens(though I haven't really researched Efforce), hey, at the very least Wozniak isn't pumping his token on Twitter unnecessarily like a lot of people. Did some quick digging and it seems like he hasn't Tweeted a single thing about Efforce.

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