Steve Wozniak Tells Seth Godin at the Nordic Business Forum He Sold All his Bitcoin
Apple’s co-founder, Steve Wozniak, said he has sold all his Bitcoin (BTC). The recognized programmer has several times commented positive things about virtual currencies, even when he admitted that the market was in a bubble back in December 2017.
At the Nordic Business Forum, he has been answering different questions with the dot com executive Seth Godin. As reported by Business Insider Nordic, Wozniak sold his coins after getting tired of all the hype around its price.
He mentioned that he purchased Bitcoin when it was $700 because he wanted to experiment with it. After it went up so high, he decided to cash his Bitcoin out. Back in December 2017, Bitcoin reached $20,000, growing from under $1,000 at the beginning of 2017.
Wozniak commented on the matter:
“When it shot up high, I said I don’t want to be one of those people who watches and watches it and cares about the number. I don’t want that kind of care in my life. […] Part of my happiness is not to have worries, so I sold it all and just got rid of it.”
Back in October 2017, at the Money 20/20 event in Las Vegas, Wozniak said that Bitcoin is a better store of value than both the US dollar and gold. However, he mentioned that he has never been into money in any way. He said that he has never used the stock app developed by Apple and he does not buy or sell stock.
In October 2018, Wozniak co-founded the recently launched blockchain-focused venture capital fund EQUI Global. This venture capital fund that he co-founded aims at enabling institutional investments in the space. They would also allow investors to trade on crypto exchanges using EquiTokens.
Wozniak mentioned that this is the second time in 20 years that he agrees to be part of a specific project, even when he received dozens of proposals every single day.
At the time of writing, Bitcoin is being traded around $3,600 and it has a market capitalization of $63 billion.