A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.
Apple co-founder Steve Wozniak expects the price of bitcoin to hit $100,000. “I just really feel it from all of the interest,” he explained. “The interest in crypto is so high.”
Apple co-founder Steve Wozniak shared his view on cryptocurrency in an interview on the Wild Ride with Steve-O podcast, published last week.
He began by sharing his bitcoin investment experience. “I bought a bunch of bitcoin at the start to say how do you play with this new thing? How do you buy something online? I conquered that. How do you buy things in other countries, and how would you pay for a donut in another country? How do you find an ATM that works on your bitcoin? I want to experiment and learn it all,” the Apple co-founder described, adding:
And then bitcoin went way up. Well, I got scared and I sold all my bitcoin except one bitcoin.
Wozniak explained that his purpose is “to have enough to play with, experiment with, but not make money on.” However, “two times it’s gone way up and made money,” he noted.
The Apple co-founder proceeded to make a prediction about the price of bitcoin:
Just recently I think bitcoin is going to go to $100,000.
He explained: “I just don’t know where you get that feeling. I can’t put any mathematics to it. I just really feel it from all of the interest. The interest in crypto is so high.”
Wozniak further revealed that he recently “put a bunch of money” into an online wallet at the Nasdaq-listed crypto exchange Coinbase. “Pretty much, it’s sitting right where it was right now. [It] went way up, it doubled, and then it halved again,” he shared.
While the Apple co-founder has some money in bitcoin, he explained that he’s not an investor.
“I don’t invest,” he said. “I’ve never invested in stocks in my life. I’ve never used Apple Stock on the iPhone. Ever. Because why? It goes to my happiness formula.” He opined:
I found that my head gets to a peaceful spot where it’s not worrying about everything being up and down, up and down, up and down like day traders.
Wozniak has said several good things about bitcoin in the past. Last week, he said Bitcoin is the only cryptocurrency that is “pure gold mathematics.” In July last year, he said Bitcoin is a “mathematical miracle.”
What do you think about Steve Wozniak’s prediction? Let us know in the comments section below.
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