Bitcoin is pure gold, says Apple co-founder

The Co-founder of giant tech company Apple shared his stance on cryptocurrencies and described it as ‘pure gold mathematics’.

Apple is the most popular mobile producer company in the world, which is known for its IOs based mobile products at a very high cost. Apple Inc. showed it some indirect relationship with the crypto & blockchain industry but direct involvement of Apple in the crypto seems not possible, at least in near future, as per direct statements by Apple on crypto.

Steve Wozniak, computer programmer & Computer engineer & also co-founder of Apple, recently appeared in an interview with Business Insider. In the interview, Steve showed his skeptical stance on cryptocurrencies. 

Steve noted that numbers of cryptocurrencies ( crypto blockchain networks) are increasing on daily basis in this crypto Industry and claiming themself better over other projects. 

Apple co-founder claimed that such crypto projects are trying to attract the buyers for their crypto assets through advertisements with celebrities.

“There are so many cryptocurrencies that come out now; everybody has a way to create a new one, and you have a celebrity star with it. It seems like they’re just collecting a bunch of money from people who want to invest at the very earliest stage when it’s worth pennies.”

Steve believes that there can be a better crypto project more likely to Apple but it will be a challenging task to find it and it cannot be found through the data or numbers calculations.

“They might be another Apple, and you can’t see it yet. There’s no way to calculate it in a spreadsheet.”

Also in a recent interview with Forbes Mexico, Apple co-founder commented on cryptocurrencies and said that crypto assets are “the most amazing mathematical miracle”. 

Earlier in October of last year, He claimed that government agencies may try to ban it because if everything will go out of the control of the government then surely they will try to crush it. 

“Trouble is that the government will never allow it to be out of their control. If it got to the point that everything was being done with crypto and it didn’t pass through governments for observation and taxation and all that…governments would just disallow it.”

These things are hinting that Apple founder have believed in the potential of this technology but they are not sure about the future decisions by countries’ governments.

Read also: Ethereum getting better support over traditional market