Apple co-founder Steve Wozniak admits he doesn’t see Bitcoin as the next global digital currency. However, he has expressed his enthusiasm towards this possibility just about as much as Twitter CEO Jack Dorsey did in the previous months.
Wozniak said in a statement:
"I buy into what Jack Dorsey says, not that I necessarily believe it's going to happen, but because I want it to be that way, that is so pure thinking."
According to CoinDesk’s data, Steve Wozniak was able to purchase Bitcoin when it was still $700 in value. Despite the decline in prices since late 2017, that is still significantly lower and more favorable than the price today which $7,500 give or take.
Despite his enthusiasm towards the cryptocurrency, he took a stand as an enthusiast rather than an investor when he sold all but one bitcoin. On top of this, he owns two ethers.
Although he expressed that his view on the cryptocurrency varies from Jack Dorsey’s, he believes in its cause as he told CNBC the following:
"Bitcoin is mathematically defined, there is a certain quantity of bitcoin, there's a way it's distributed… and it's pure and there's no human running, there's no company running and it's just… growing and growing… and surviving, that to me says something that is natural and nature is more important than all our human conventions.”
This view of Wozniak’s is simply agreeing with Bitcoin’s original philosophy to “free money” of central authorities. Having its network maintained by various users all over the world allows it to be truly decentralized and secured through cryptography.
Although there are now more than one thousand cryptocurrencies in the market, Wozniak points out that Bitcoin is the one that remains true to its purpose, and is ‘pure’ for this matter. Many of the new cryptocurrencies are owned and controlled by companies for each of their missions while Bitcoin remains completely decentralized.
"Only bitcoin is pure digital gold… and I totally buy into that. All the others tend to give up some of the aspects of bitcoin. For example, being totally decentralized and having no central control. That's the first one they have to give up to try to have a business model.”