Apple’s co-founder Steve “Woz” Wozniak has commented positively about cryptocurrencies and blockchain technological innovation in his opening speech at the WeAreDevelopers World Congress 2018 in Vienna, Austria.
According to a report by Cointelegraph auf Deutsch Wednesday, May well 16, Wozniak considers blockchain to be a “great idea.” He more stated:
“[Blockchain] is the following big IT revolution that is about to occur.”
Wozniak described his positive outlook on blockchain by the fact that there are lots of valuable applications for the know-how in a range of areas.
The blockchain and cryptocurrencies will attain their full potential in a 10 years, according to Wozniak. Apple’s co-founder quoted CEO of Twitter Jack Dorsey, who had said in March that Bitcoin will develop into the world’s “single forex.”
This is not the very first time that Steve Wozniak has designed beneficial opinions about cryptocurrencies and blockchain. At the “Dollars 20/20” meeting in Las Vegas, again in Oct final year, he explainedthat Bitcoin is better than gold and the US dollar.
According to Wozniak, Bitcoin’s big benefit is that there is only a confined total of coins, even though fiat income, like the US greenback or euro, can simply just be printed by financial institutions.
Even so, Wozniak offered all his bitcoins other than a person, as he explained at the WeAreDevelopers Convention in Vienna, mainly because “[he] does not want to be an trader and continuously look at the price ranges.”