Steve Wozniak Calls Bitcoin a "Miracle," Says It's Better Than Gold

[Obito]

These are just words and he has a stake when the cryptocurrency market goes up, that's why he is saying this thing. Also those AR and AI won't improve the life of people because it's not the first time a technology was said to make the lives of people much better which ended up as a false promise, there's still poverty, crime and war.

[Wind_FURY]

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.

I watched some of his intervews, most of them interviews included in documentaries about Steve Jobs. Steve Wozniak came across as someone naive, and easily swindled from his money. He also had his own story about Steve Jobs commission an engineering job for him while he was with Atari. Jobs never paid him the full amount.

[amishmanish]

I watched some of his intervews, most of them interviews included in documentaries about Steve Jobs. Steve Wozniak came across as someone naive, and easily swindled from his money. He also had his own story about Steve Jobs commission an engineering job for him while he was with Atari. Jobs never paid him the full amount.

He does appear to be a bit careless about money as well as what he puts his weight behind. This may also be the reason that despite his technical acumen, Woz didn't really build anything great on his own after Apple. This is also one of the reasons that the project Efforce being talked about in this thread doesn't derive a lot of legitimacy from Steve's association. Coz he basically just finds the idea amazing and has put his name on it, yet, it is wholly possible that he doesn't really understand the business viability of crowd-funding efficiency infrastructure programs.

He has a lawsuit filed against him by someone who is claiming copyright infringement about the idea of starting a technology training institute inspired by his name. While defending himself he says this:

“One thing I avoid in life is anything having to do with money,” Wozniak said according to the filing. “I just don’t look at it... I wouldn’t know how much is in our bank account. My life is very different than most people.”

Those surely aren't words of an astute businessman. Yet, when he says that Bitcoin is a mathematical miracle, i think we can all agree with him.

[SFR10]

He also believes that this index currency is more valuable than gold.

Despite having a positive stance towards BTCitcoin, I don't think that's a fair comparison ^{[both of them belong to a different category]}.

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,

And yet for some reason, he lied

“Gold is limited and you have to look for it. Bitcoin is the most amazing mathematical miracle. I do not invest in Bitcoin, but I believe in it for the future.”

In other words, "Bitcoin is a miracle, but I have something even better."

Exactly, this is nothing but just an attention-grabbing headline!

[Renampun]

...

Steve Wozniak is a genius I respect his thinking...

I used to really like gold because I thought the price would continue to rise but didn't realize that the amount was unlimited so Bitcoin is a much better investment than gold, with a limited supply so that it can pump up the price every year.

[iv4n]

...

Steve Wozniak is a genius I respect his thinking...

I used to really like gold because I thought the price would continue to rise but didn't realize that the amount was unlimited so Bitcoin is a much better investment than gold, with a limited supply so that it can pump up the price every year.

Well, I don't think that Steve had only profit on his mind when he said this! I believe he was referring to what Bitcoin really is, and how helpful can be for uniting the world...

Now he has his own coin... and why not? I am sure that with his experience he will create something good! Probably he has Bitcoins and other coins he likes, but it's not a bad thing if he is focused on his own project!

It's always nice when some big names get more involved in crypto... I guess what Steve did is amazing, he didn't just get more involved, he will try to contribute with his own ideas and creations! That is more than simply investing and holding for profit!

[tbct_mt2]

Well, I don't think that Steve had only profit on his mind when he said this! I believe he was referring to what Bitcoin really is, and how helpful can be for uniting the world...

I don't think we need to rely on Steve to know Bitcoin is better than Gold. With Bitcoin, you have privacy and borderless transactions, digitalized, decentralized and so much more.

Bitcoin's total supply is unchangeable 21 million. Gold's total supply is infinite because human can mine more gold on Earth or on other planets.

[Lucius]

On what company's balance sheet? He left Apple in the 80s.

Some people surprise me every day with the way they think, and some obviously think he’s still at Apple as some important person - so even though he left the company back in 1985, they say he’s been at some ceremonial capacity at the company since 2019. It should be noted, however, that Wozniak was an innovator at Apple and that most of the inventions in the first 10 years can be attributed to him, while Jobs worked in marketing.

[bittraffic]

Everybody is going to be onboard when everyone can create their own money. After all his praises for Bitcoin, he still creates his own. Steve must have realized that Apple could die since coinbase is about to compete with Apple.

And then his Efforce (WOZX) is an energy-saving platform so it looks like he is teaming up with great people who want environment-friendly coins.

[tiCeR]

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

That is what differentiates Steve Wozniak from people like Buffet. Wozniak is a tech guy, he understands the transformational power of technology and also the economic and social implications. You could ask him about the newest technology in 20 years from now and he would still be able to see the potential in it and he would be a proponent anyway.

It is good to see he didn't retire yet. I am curious to see what he may still be able to achieve with his tech company.

[clint25n]

I think this tends to be more for him who is actually looking for popularity to boost his own product, because lately there are more and more people talking about crypto or wanting to be directly involved in it. So there will be more and more people who will seek fame behind something. business, of course everyone already understands about it

[AverageGlabella]

Hes not wrong though despite what his intentions might have been when saying this. Bitcoin is better than gold I probably would not call Bitcoin a miracle but it is definitely better than gold as a currency and a reserve currency.

I think Bitcoin will be used like gold in the future and become a place where people store their worth rather than use it as a every day currency.

[btc-room101]

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!

Diversify, btc is only 10 years old, tulip & Mississippi bubble's lasted as long, had many moon-shots and falls rinse & repeat and then toilet

I think its just a matter of time that Classic Bitcoin falls out of favor and a new super crypto evolves that is un-hackable, and super-private to snooping eyes.

Crypto is going to stick around BTC was first, but in tech 1st doesn't mean crap, just look at lotus-123;

Lastly, I don't think that Woz said "Better than Gold", I think that somebody else made that crap up, Woz is a smart guy, and he isn't the type to buy lottery ticket (BTC), but he is rich, I'm surprised he's not a miner, but he's probably bored to shit with computer hw by now; He tinkered as a child post Apple went back to school and got his EE degree, but after that he just traveled and enjoyed his life, like somebody said since 1980's, so he's been a freeman for 40 years.

[dudusix9]

How is this not trending? FUD always trends but a massive market of Apple fanboys can't get this trending? Absolutely bullish.

Same thing with DeFi, isn't so awesome to see play-to-earn concept games nowadays. Gladly I found AXIE. Some undeniably great games that are not being talked about are Gods Unchained and AnRKeY X

[Fundamentals Of]

I hope Steve Wozniak's praising of Bitcoin is coming from somewhere genuine and solid, like he's had a close look into it and was truly amazed at the genius of it. If this is what Wozniak's statement is about, I think as a Bitcoin supporter I would feel glad that another person of this level of influence and caliber is now expressing support for the currency.

I think I wouldn't mind him having another project up his sleeve. In fairness he's not praising Bitcoin at the expense of putting it at a disadvantageous position in the end while promoting his own altcoin. That's what thousands of other altcoins have been doing.

[bluebit25]

Yes it's very good, but it's still not for the masses, he's a bitcoin lover that's why he takes such strong actions with it.
Naturally it made me think of the article Steve Jobs is the creator of BTC, and Steve Wozniak hahahaha

[DapanasFruit]

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!

In my view, we are now starting to get a world divided on how they view and stand on Bitcoin with many personalities declaring their love for the coin and promoting it whenever they can and then those who dislike it and dropping it like a hot potato to the ground - of course the majority don't really care that is for now. And this is what can we expect with a game-changing innovation...there can be a time when it is a polarizing agent and we are seeing it now in action. How Bitcoin will be treated let's say on its 20th anniversary is something I am looking forward to.

[davis196]

Isn't Steve Wozniak kinda delusional or simply talking BS?
One day we will manufacture gold in our factories?Really?
I don't know if whether or not gold is less scarce than Bitcoin,but the main feature of Bitcoin is the blockchain.Scarcity is what gives market value of Bitcoin,but the blockchain is what gives security to BTC and makes Bitcoin a trusted payment network.I guess that the blockchain can be called a "mathematical miracle",but miracles don't happen in mathematics.

[TheGreatPython]

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.

I have been hearing that Efforce, but I have not really looked at it to understand what it’s all about. Just made a research now to check it out and it seems to me like it’s a really good project. Their project is focused on allowing contributors to benefit from energy savings around the world, which is quite good.

But, it seems to me the project has not much garnered the level of support it needs from investors to push it to a top position in the market. And finally, about his comments about cryptocurrencies, that’s for sure. Bitcoin is a valuable asset for anyone to hold. And right now that the only investment I am making.

[pinggoki]

As a form of new-age currency? Of course, bitcoin is a very beneficial and competent candidate. It's scarce enough that it cannot be manufactured or minted in conventional ways, plus there is a possibility of burning multiple unclaimed coins to amp up the value of bitcoin in the process. Add to this fact the technology that it brought along with it which is blockchain which is very versatile that itself or a future variation of it can be implemented in future forms of technology, comparable to the introduction of the industrial revolution in our society.

Isn't Steve Wozniak kinda delusional or simply talking BS?
One day we will manufacture gold in our factories?Really?
I don't know if whether or not gold is less scarce than Bitcoin,but the main feature of Bitcoin is the blockchain.Scarcity is what gives market value of Bitcoin,but the blockchain is what gives security to BTC and makes Bitcoin a trusted payment network.I guess that the blockchain can be called a "mathematical miracle",but miracles don't happen in mathematics.

Gold can pretty much be manufactured, the large hadron collider at CERN is able to create few atoms of gold within the system. Laughable, yes but not for long. In the future, there will be a form of technology that will allow gold to be manufactured in a factory, much like diamonds nowadays. Bitcoin on the other hand can only be coded and minted using the native system that gave birth to it. Anything else that claims to be bitcoin but is not made thru this method is easily passable as a fraud.