Steve Wozniak, hopes that Twitter’s chief executive officer Jack Dorsey will be right in his prediction that Bitcoin (BTC) will become the world’s single currency.
During an interview with CNBC on Monday, the co-founder of Apple was full of praise for the original cryptocurrency, calling it the only “pure digital gold” among the myriad of existing digital coins.
"I buy into what Jack Dorsey says, not that I necessarily believe it's going to happen, but because I want it to be that way, that is so pure thinking," Wozniak said, as quoted by CNBC.
“Bitcoin is mathematically defined, there is a certain quantity of bitcoin, there's a way it's distributed… and it's pure and there's no human running, there's no company running and it's just… growing and growing… and surviving, that to me says something that is natural and nature is more important than all our human conventions," he further explained to the news service.
While there are more than 1,000 digital currencies only Bitcoin is “pure’, according to Wozniak, as its competitors have had to give up some of the aspects that make BTC what it is. One such aspect is decentralisation, Wozniak notes.
“That's the first one they have to give up to try to have a business model,” he told CNBC.
‘The Woz’ further clarified that he was not a crypto investor, but a supportive technologist, who only wanted to experiment with the technology. Wozniak recently sold almost all of his BTC holdings, which he had bought at $700, and currently owns one Bitcoin. His has previously said that his reason for selling the rest of the holdings was to avoid the stress stemming from the coin’s extreme price volatility.
In addition, Wozniak owns two Ethers (ETH), the native tokens of Bitcoin’s largest competitor, the Ethereum network.