Steve Wozniak, a technology magnate and co-founder of Apple, believes bitcoin is on its way to reaching the coveted $100,000 price level.
On the ‘Steve-Wild O’s Ride!- Podcast,’ ‘Woz,’ as he prefers to be known, expressed awe at how popular BTC, and by extension, cryptocurrencies, had become, claiming that it may be the future of money.
“I can’t put any logic to it, I just feel that the interest in crypto is so tremendous” he added: “So I placed a bunch of money into an online wallet account called Coinbase and it’s pretty much sitting there”.
The computer software ‘geek’ also revealed that, while his objective has always been to explore with Bitcoin
His is initial crypto investment has yielded massive returns, adding to his belief that BTC’s price would continue to rise.
“I wanted to try everything out and understand everything, but suddenly BTC skyrocketed.” I was afraid, so I sold all of my Bitcoins save one,” Wozniak went on.
“My life’s purpose is to have enough to play with, experiment with but not to make money on-and two times it’s gone way up and made me money and just recently I think Bitcoin is gonna go to 100,000.”
This, however, has not been the engineer’s first encounter with crypto. In the interview, Wozniak disclosed having worked with a company that had ventured into crypto during the pioneer years of the crypto industry, at one time even contemplating launching a coin named ‘WOZX’.
His experience working for such a company piqued his interest in digital assets, prompting him to embark on his first BTC adventure.
“As a start, I bought a bunch of Bitcoins to see how you play with this new thing.” I figured out how to buy anything online and succeeded.” He kept going.
Wozniak, on the other hand, denied accusations that Bitcoin posed a significant environmental concern because to its high energy consumption. To him, blaming Bitcoin for environmental problems was absurd, given that the globe continues to engage in even more destructive activities, such as the use of combustion engines in airplanes and vehicles.
He pointed out that Bitcoin was only a lesser evil among the environmental risks, and that the best approach to solve its carbon footprint was to eliminate other activities that constituted a similar hazard.
He said, “The only way to fix this climatic catastrophe is to bring our lives way back down in the economy.” “So I don’t believe that taking one small step, like buying an electric car or installing a solar panel, will make a significant difference-it can actually go the other way.”
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