Steve Wozniak, Apple Co-Founder Considers Blockchain, Joins Crypto Startup

Steve Wozniak, Apple Co-Founder Considers Blockchain

Steve Wozniak, Apple Co-Founder Considers Blockchain to Join Crypto Startup by discussing his involvement in a new crypto startup company as well as his interest in the blockchain technology in a NullTx interview earlier this week.

Steve Wozniak got interested in Bitcoin after learning about the prospect of decentralized ledgers and becoming intrigued by the mystery of who invented it, also impressed with the fact that the cryptocurrency has a finite supply, unlike the USD.

While ‘The Woz’ (Wozniak) started preaching about Bitcoin and stated that he hoped Bitcoin would become the world’s first global currency, he took a surprising view on blockchain by stating that while Bitcoin was valuable, blockchain was merely a bubble.

Wozniak admits to not understanding the ins and outs of blockchain at the beginning, which says a lot about the complex nature of the technology given that Wozniak’s technical expertise enabled him to play an important role in the developing of the personal computer as well as inventing the world’s first universal remote.

According to Wozniak:

At first, I kept hearing [about blockchain], and I didn’t understand it. It’s not something you understand in a day. You think about it, read more about it and how it works, and then you see how people actually start to use it, through the mining process and also the verification and, aha! It all adds up!”

Some months ago, Wozniak drew a comparison between the early days of the internet and the current blockchain landscape, stating that the hyped up and experimental nature of the internet space

was a bubble, and I feel that way about blockchain.”

Despite Wozniak’s previously stated views,  he is now getting directly involved in the blockchain technology, something many tech enthusiasts around the world will likely take a keen interest in.

I’m involved with, very soon, my first time being involved in a blockchain company. [It’s] called Equi… Our approach is not like a new currency, or something phony where an event will make it go up in value. It’s a share of stock, in a company.”

Wozniak continued by saying that the company is dealing with major investors with a successful track record of infrastructural investments in Dubai and other areas.

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