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Apple Co-Founder Steve Wozniak Thinks Bitcoin Is Better Than Gold!


Steve Wozniak is a legend.

The Apple Co-Founder has a lot of praise for Bitcoin—calling it “a miracle”, and even going so far as to say that its better than physical gold.

Wozniak is reportedly not invested in BTC himself, but is a strong supporter of the digital currency, and once even filed a lawsuit against Youtube for its failure to contain Bitcoin scams via its platform.

Many would say that anything from Wozniak could prove to be prophetic—just look at his early involvement in Apple. Wozniak is a pioneer, with an eye for the innovative, and a flair for overlooked use cases of technology.

Here’s what he had to say:

Coin Telegraph relayed Wozniak’s words:

A vocal proponent of Bitcoin who once called it the “only digital gold,” Wozniak reportedly referred to Bitcoin as a “miracle of technology” and a “unique mathematical formula” at Talent Land Digital 2021, a major virtual event in Latin America devoted to technology and innovation.

According to Thursday a report by local news agency El Sol de México, the Apple co-founder has also indicated that Bitcoin is better than gold, implying that it’s easier to mine Bitcoin blocks than finding and extracting gold:

“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 it’s here to stay.”

Crypto Potato highlights the lawsuit Wozniak filed against Youtube for failure to contain Bitcoin scams:

In the summer of 2020, Steve Wozniak filed a lawsuit against YouTube for not taking necessary measures to prevent fake Bitcoin giveaways. Before taking these legal actions, Apple’s co-founder urged the video-sharing platform to take down the fraudulent videos several times.

It is worth noting that fake Bitcoin giveaways represent a growing threat in the cryptocurrency industry. Scammers begin live streams on YouTube impersonating famous individuals or companies and offer to double all BTC funds, which victims send to their addresses. Needless to say, all people that fall for such dubious activities do not receive the promised funds.

Almost a year after undertaking legal action against YouTube, Steve Wozniak reportedly lost the case. The Superior Court of California, County of Santa Clara said that the video-sharing platform was protected by federal law.

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