By Shelly Melancon (Switzerland)
The co-founder of Apple, Steve Wozniak, has shared his insight regarding decentralization and cryptocurrency from time to time. At the very latest, he went on Twitter regarding Bitcoin; he thinks that Bitcoin is a mathematical purity and the most iconic cryptocurrency there is. Back in the day, many questions were asked of Wozniak regarding crypto, as does he see Bitcoin in the future in comparison with other cryptocurrencies.
Wozniak said that Bitcoin is a mathematical marvel and is above every other cryptocurrency out there. No crypto possesses any kind of standing or competition to Bitcoin. This time around, his statement remains the same but a bit improved; he believes that Bitcoin is a mathematical purity and a complete entity on its own. He says that the U.S. dollar can’t remain consistent or fixed because of the fact that whenever the government wants, they can print more money and or continue borrowing if the need presents itself.
Steve Wozniak Praises Bitcoin
On the other hand, Bitcoin can’t change its circulation and has a limited number of tokens, thus strengthening its economy over time. He said that Bitcoin isn’t governed by a single entity or company, and that is why it remains mathematically pure. According to Wozniak, the concept of decentralization is underrated, it definitely has tons of potential to change the future, and the society that we live in, but its applications are somewhat limited. The very reason being people and governments are not that psyched by the idea of decentralization and using crypto or Bitcoin, for that matter. Steve says that when influential people talk about crypto, he absolutely adores that because this is the only way through which crypto can go mainstream and reach the common people. Governments and states would never comply with Bitcoin or any other crypto and would not let this phenomenon get too powerful. Governments would just disallow crypto if push came to shove and they weren’t able to put any chains of centralization around the cryptocurrency. That, however, is a debate of the future; what can be done today is that people should support crypto, make it mainstream and continue to back it against all odds. This is the only way to preserve crypto and to preserve decentralization.
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