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Apple Co-founder Steve Wozniak Wants Bitcoin To Be Single Global Currency

Steve Wozniak, Apple co-founder, wants to see Bitcoin as the single global currency, echoing comments made by Twitter CEO Jack Dorsey recently.

"I buy into what Jack Dorsey says, not that I necessarily believe it's going to happen, but because I want it to be that way, that is so pure thinking," Wozniak told CNBC on the sidelines of a financial conference in Amsterdam, Netherlands.

Bitcoin will become the global currency for payments after overtaking the dollar's dominant place within a decade, Dorsey had said in March in an interview to the UK's Times newspaper.

In May, however, Dorsey said the internet was set to have a native currency. He was unsure if it would be Bitcoin, but hoped it would be so.

Wozniak now owns just one Bitcoin, after he recently sold the rest of his holdings that he had bought for $700. His interest is in experimenting with the technology and not investing in it.

"The Woz" also owns Bitcoin's close rival, Ether, the native currency of the Ethereum blockchain.

He pointed out to CNBC that Bitcoin was mathematically defined and there was a limited quantity of it which is distributed in a particular manner.

"It's just...growing and growing...and surviving, that to me says something that is natural and nature is more important than all our human conventions," Wozniak said.

He believes Bitcoin is "pure" because it remains decentralized unlike other cryptocurrencies. Neither humans nor companies are involved in running Bitcoin, he noted.

"Only bitcoin is pure digital gold...and I totally buy into that. All the others tend to give up some of the aspects of bitcoin," Wozniak said.

by Jyotsna V

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