Steve Wozniak says that Bitcoin has a lot of value, more than gold
Apple co-founder Steve Wozniak highlights that Bitcoin is a currency that is being indiscriminately attacked and has more value than gold.
Steve Wozniak, Apple's co-founder, has said that Bitcoin, the most vilified cryptocurrency on the market, is superior to both gold and the 'artificial' US dollar. These statements have been made at the Money 20/20 conference in Las Vegas, stating that although Bitcoin is widely criticized for its volatility in terms of price, it is much more profitable than centralized currencies, such as the US dollar, of which there is a previously fixed amount, while cryptocurrencies or fiat currencies are being mined and many remain available.
Wozniak has commented: 'There is a certain finite amount of Bitcoin that can exist.' This, according to Wozniak, makes it 'more genuine and real', than the dollars themselves, a currency, which he has said is 'somewhat artificial', because the United States government is the only one that can issue new amounts. of these currencies, solely, for political reasons. Not only has he praised the versatility and usefulness of Bitcoin as a system to safeguard a value, the cryptocurrency has also been compared as a very valuable asset, something like a house: 'T house has value. And if it's a house today, 40 years from now, it will still have the value of a house. '
Some time ago, speculators already used gold as a countermeasure to combat inflationary policies on paper money. Wozniak also warns that there is a certain amount of gold, making the advancement of technology increasingly efficient when it comes to separating the gold from the earth, something that will not happen with Bitcoin, among other things, because it you can adjust the difficulty and there are many other currencies on the market. Logically, this totally contradicts the postulation of Goldman Sachs, who although they are more receptive to BTC than JP Morgan, have recently emphasized that BTC is not the 'new gold', because gold does have money characteristics, while that cryptocurrencies don't have it.
Source: nasdaq
