Apple co-founder Steve Wozniak is among the most popular names in Silicon Valley. The technopreneur has tried his hands at various projects and technologies and cryptocurrencies rank among his latest interests. Reports from Business Insider Nordic point out that earlier this week Wozniak revealed that he sold off all his Bitcoins when the currency hit the all-time high of near $20,000.
Wozniak, who was speaking at the Nordic Business Forum in Stockholm, Sweden, said that he had purchased an undisclosed amount of Bitcoins back when the price of Bitcoins was $700, because he wanted to experiment with it. Wozniak then stated that his plan was to travel to someplace which is crypto-friendly and stay in hotels that accept Bitcoins and eat in restaurants that accept Bitcoins. He said:
“My goal was to travel to a place like Stockholm, and go to restaurants and hotels that only accept bitcoin, and only use bitcoin when I travel.”
Wozniak then revealed that he sold off all of his Bitcoin holdings just when BTC hit the all-time high in late 2017. This is not the first time that ‘The Woz’ has commented on his crypto holdings and has shown off his excellent timing. Wozniak had said the same thing in February of 2018 as well, only at that time he had not mentioned the price point at which he had sold off his holdings.
The Apple co-founder commented that while he was not in it because of the money (even revealing that he doesn’t even use the Apple Stocks application as he never buys and sells stocks). He said that he sold off the Bitcoins he was holding because he did not want ‘that kind of care’ in his life where he would keep checking the price of Bitcoins every now and then, hence he sold and ‘got rid of it’. He said:
“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.”
Steve Wozniak, though most popularly associated with Apple, has shown a keen interest in technologies of all sorts. He had made multiple comments about cryptocurrencies last year - stating that he believes Ethereum has the potential to become the next Apple. He had also praised Bitcoin, stating that he can see Bitcoin becoming the world’s single currency soon - a view which Twitter’s Jack Dorsey had also put forward. In October 2018, Wozniak announced that he would be working with crypto-startup Equi Capital, which was met with a mixed response from the tech community. His exact role in the company is uncertain.
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