Apple Co-Founder Wozniak Believes Bitcoin and Blockchain Will Attain Their Potential By 10 Years

by | May 18, 2018 | Bitcoin, Blockchain, Cryptocurrency, Cryptocurrency News

Apple Co Founder | Steve Wozniak | Bitcoin | Blockchain | Bitcoin updates | Blockchain updates

Apple’s founding partner Steve Wozniak made a positive statement about Cryptocurrency, Bitcoin in particular and Blockchain technology at the opening speech of the 2018 World Congress of WeAreDevelopers in Vienna, Austria.

According to a report by Cointelegraph auf Deutsch Wednesday, May 16, Wozniak considers blockchain to be a “great idea.” He further said,

“[Blockchain] is the next major IT revolution that is about to happen.”

Wozniak emphasized that what makes this technology so great is its versatility, coupled with the number of useful applications in a wide variety of industry sectors.

This is not Steve Wozniak’s Bitcoin. At the Money 20/20 conference in Las Vegas in October last year, Bitcoin said it was better than gold and US dollars. The biggest advantage of Bitcoin, according to Steve Wozniak , is that the supply of Bitcoin is limited, as nominal money banks such as the US dollar or the euro can easily print it.

He also emphasized that the Blockchain and cryptocurrency technology will reach its maximum potential in about 10 years and shared his position with what was commented this week by the CEO of Twitter, Jack Dorsey , that ” cryptocurrencies, especially bitcoin, will be currencies global in the future . “

According to Wozniak, Bitcoin’s big advantage is that there is only a limited amount of coins, while fiat money, like the US dollar or euro, can simply be printed by banks.

 

Also Read:  Apple Co-Founder Steve Wozniak says, Bitcoin is better than Gold

The applications in Blockchain, for example, have provided sufficient tools and a series of platforms suitable for the registration, transaction, sending and processing of all types of information or data, including non-financial data.

With so much enthusiasm about Bitcoin and Blockchain, it seems likely that the Apple Co-founder may bring his own digital currency in the market, with its own blockchain.

KryptoMoney.com publishes latest news and updates about Bitcoin, Blockchain Technology ,Cryptocurrencies and upcoming ICO’s.

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