Bitcoin is a miracle and better than gold, says Wozniak, Apple co-founder

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Apple co-founder Steve Wozniak has reportedly reiterated his positive stance on Bitcoin (BTC) despite not being a Bitcoin investor himself.

A staunch supporter of Bitcoin who once called it the only digital gold, Wozniak reportedly called Bitcoin a miracle of technology and a unique mathematical formula at Talent Land Digital 2021, a major virtual event in Latin America dedicated to technology and innovation.

According to a report from the local El Sol de Mxico news agency on Thursday, the Apple co-founder also indicated that Bitcoin is better than gold, which implies that it is easier to mine Bitcoin blocks than to mine. find and mine gold:

Gold is limited and you have to look for it. Bitcoin is the most amazing mathematical miracle. I don’t invest in Bitcoin, but I think it’s here to stay.

Many industry players and analysts have called Bitcoin digital gold because both gold and Bitcoin have a limited supply, potentially retaining value in the market. While gold is limited by physical supply and difficulty of mining, Bitcoin mining is capped at 21 million coins by its source code, which means there will be no more new Bitcoin. once the last part was extracted in 2140.

Related: Bitcoin On Inevitable Path To Reaching Gold Market Cap Mike Novogratz

Wozniaks’ remarks come shortly after Ricardo Salinas Pliego, Mexico’s third richest man, said he was absolutely correct in naming Bitcoin as the new gold. It’s absolutely true, Bitcoin is the new gold, but much more portable, transporting Bitcoin is so much easier than having gold bars in your pockets, the billionaire businessman said.

Wozniak has already made similar comments on Bitcoin, claiming that only Bitcoin is pure digital gold as of June 2018. The tech guru noted that he endorsed the comments of Twitter CEO Jack Dorsey, who claimed repeatedly that Bitcoin would become the Internet’s single currency.

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