Every day, more IT entrepreneurs and inventors are putting their money behind cryptocurrencies. Steve Wozniak, a computer scientist and programmer who co-founded Apple with Steve Jobs, has praised bitcoin, claiming that blockchain technology holds “an awful lot of potential.” He also claimed that Bitcoin, the world’s most valuable cryptocurrency by market capitalization, is “simply mathematically pure” and uncopyable. Using the US currency as an example, he claims that governments gain power through the transactions that pass through them for monitoring and taxes.
The programmer behind the first Apple computer, speaking to Yahoo! Finance, stated that while Bitcoin and other cryptocurrencies provide some privacy, they are not controlled by a single institution like the US dollar. “Bitcoin doesn’t have a known founder, it’s not governed by a corporation; it’s just mathematically pure, and I always believe nature above humans,” he continued. Wozniak, on the other hand, admitted that he doesn’t think the anonymity aspect is a positive thing. He responded, “You should be able to stand up and say I completed this deal.”
Wozniak, also known as ‘Woz,’ believes the US dollar-based financial system is “like an artificial system” that is not based on “science, math, logic, and computer programming.” “Take the US dollar; the government can just issue new dollars and borrow; it’s as if it’s never fixed, like Bitcoin,” he explained. “Bitcoin is maths, pure mathematics.” “Another Bitcoin will never be developed.”
Wozniak said in September that he and Ripcord Co-Founder Alex Fielding were forming a private space firm that would be “unlike the others.” Privateer Space will be the name of the firm, and its aim will be to maintain space open to all humans.
Following wealthy entrepreneurs like Richard Branson, Jeff Bezos, and Elon Musk is aiming to open up space for private players in the tourist industry, he made his declaration.