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Wozniak

Steve Wozniak, co-founder of Apple, openly validated Ethereum and its importance for the future of cryptocurrency.

Apple’s unsung visionary has recently joined to ranks of multiple other personalities to positively comment on the potential of cryptocurrencies and blockchain technology under the gazing eyes of participants of the WeAreDevelopers World Congress 2018 in Vienna, Austria.

As stated by a report by Cointelegraph auf Deutsch on May 16, Wozniak endorsed blockchain technology by describing it as “the next major IT revolution that is about to happen.” His statement comes after his previous comments in regards to Bitcoin being better than gold and even the US dollar.

Wozniak hinted at patience as he believes that blockchain and, therefore, cryptocurrencies are to achieve their full potential in a decade from now. Apple’s co-founder even quoted Jack Dorsey, Twitter’s CEO, who told the world in a The Times report back in March that Bitcoin will become the “world’s single currency.”

Wozniak deems Ethereum as a worthy platform for the future

According to Wozniak, Bitcoin has a huge advantage over the traditional fiat currency, like the US Dollar and Euro, which can be printed in an infinite amount by banks. Conversely, Bitcoin only has a limited amount of coins.

It’s known that Wozniak is no stranger to cryptocurrency as he just happened to find Bitcoin and Ether on his computer a while back. In the meantime, he has sold all his cryptocurrencies because he doesn’t “want to be an investor and constantly watch the prices,” but is reported to hold one Bitcoin and two Ether still, so that he “can experiment with paying for different things.”

When further asked, he expressed particular optimism about Ethereum. He described the platform as having the potential of becoming as influential as Apple. Clearly, Wozniak prefers Ethereum over Bitcoin, as he stated: “Ethereum interests me because it can do things and because it’s a platform.”

It remains to be seen if Steve Wozniak is right in all his assessments; however, the public support for Ethereum might mean a great deal for the platform’s future development and business opportunities.

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