Apple co-founder Steve Wozniak says bitcoin is a mathematical miracle and better than gold

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Apple founder Steve Wozniak said bitcoin is the digital equivalent of gold and the product of a mathematical miracle.

As reported by El Sol de Mexico, Mr. Wozniak said: Gold is limited and you have to look for it; Bitcoin is the most amazing mathematical miracle. I do not invest in Bitcoin, but I believe in it for the future, when it was presented at the Talent Land Jalisco 2021 technology conference.

In 2020, Mr. Wozniak launched WOZX, a cryptocurrency token developed by a company he partly founded called Efforce, which funds companies he claims are more environmentally friendly. Bitcoin, and other cryptocurrencies, have been criticized for the effect it has on the environment due to the amount of energy required to mine it.

Can you reduce your energy consumption without changing your habits? This is our mission, says Mr. Wozniak in a video posted on the Efforce website. Buyers of the cryptocurrency buy a proxy for participation in an energy efficient project, usually infrastructure.

After projects are funded, smart meters record savings and allocate energy credits to WOZX holders through blockchain or online ledger. These credits can then be used to offset electricity bills, or sold back to Efforce, Quartz explains.

Mr. Wozniak isn’t the only high-profile tech founder supporting cryptocurrency. Twitters Jack Dorsey is also a strong advocate and recently announced that his payments company, Square, will be building a physical wallet to store digital coins starting with bitcoin.

Elon Musk, the CEO of SpaceX and Tesla, is also an infamous evangelist for various digital coins, including the memes-based dogecoin. Mr Musk was given the opportunity to move the crypto markets with his tweets, recently causing a minor cryptocurrency crash when he announced that Tesla would no longer accept bitcoin payments in exchange for electric vehicles.

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