Good news for the Bitcoin community this weekend. Steve Wozniak, one of the Apple founders, has endorsed cryptocurrency Bitcoin by calling it mathematically pure. "Bitcoin doesn't even have a creator that we know of, it isn't run by some company, it's just mathematically pure, and I believe nature over humans always," he added.
The entrepreneur drew parallels between the U.S. monetary system and the electronic peer-to-peer monetary network. Whereas the U.S. dollar seems "artificial" to Wozniak, he enjoys the "science, math, logic, and computer programming" embedded in Bitcoin. He then said: "If there's inflation, your house goes up 10x in 40 years and you think you're a smart investor; no, you have an old house," Wozniak articulated. "You used to have a new house, but the government says 90% of its value is earnings and we're going to tax it. The government makes all of its taxes off inflation."
The original programmer behind the first Apple computer also highlighted how Bitcoin is not controlled by one single entity and thus can retain a level of predictability that is hard to attain with the U.S. dollar, as regulators can create new paper bills on a whim.
Wozniak recently co founded Efforce, a Malta based blockchain company that aims to be the first decentralized and borderless platform allowing anyone to participate in and fund innovations in green technology through cryptocurrency and blockchain technology. The company’s native token is WOZX.
Sources:
https://bitcoinmagazine.com/business/bitcoin-is-mathematical-purity-says-apple-cofounder-steve-wozniak
https://www.moneycontrol.com/news/business/cryptocurrency/cryptocurrency-prices-today-bitcoin-ethereum-fall-nearly-2-shiba-inu-xrp-rise-7659211.html