Dollar system felt artificial while also stating that he was a big fan of the match, science, logic, and computer programming that was embedded in Bitcoin.
“If there’s inflation, your house goes up 10x in 40 years, and you think you’re a smart investor; no, you have an old house.
Wozniak also highlighted the high level of decentralization behind Bitcoin, stating that a single entity does not control Bitcoin, allowing the cryptocurrency to maintain a certain level of predictability that is difficult for the U.S.
However, Wozniak also highlighted some of the misunderstandings regarding Bitcoin and its privacy aspect.
We just have so much digital ways to pay for things now, even to transfer money to people.
Wozniak stated this in response to a question asked by Yousef Gamal El-Din from Bloomberg, who had asked about the massive value destruction of Bitcoin and whether he still saw Bitcoin as a workable model.
Disclaimer: This article is provided for informational purposes only.