Apple co-founder Steve Wozniak recently became the latest tech titan to endorse Bitcoin.
With his statement, Wozniak joins the list of tech luminaries such as Jack Dorsey, CEO of Twitter and Square, Naval Ravikant of AngelList, venture capitalist Peter Thiel and many others who support Bitcoin as the currency of the future.
In March 2018, Twitter CEO Jack Dorsey stated that Bitcoin will emerge as the single currency for the internet and world.
On Monday, Wozniak commented that he hopes Dorsey's Bitcoin prediction will soon come true.
The Bitcoin whitepaper was published in 2008 by Satoshi Nakamoto on the heels of the financial crisis.
Unlike the banks, Bitcoin cannot be controlled by a central authority.
By disappearing, Satoshi has allowed Bitcoin to grow organically, preventing any single power from forcing Bitcoin in a specific direction.
Since its creation, Bitcoin has been claimed dead 300 times.
If Bitcoin does become the "Digital gold" Wozniak hopes for, gold's $8 trillion market cap divided amongst 21 million Bitcoins would give each Bitcoin a value of approximately $380,000.
With the backing of tech giants like Jack Dorsey and Steve Wozniak, at the very least, Bitcoin is something to keep your eye on.
Apple Co-Founder Steve Wozniak Joins Other Tech Luminaries in Rooting For Bitcoin as Global Currency
Udgivet den Jun 5, 2018
by Cryptoslate | Udgivet den Coinage
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