“Look at the US dollar, the government can just create new dollars and borrow; it’s like you never have it fixed, like Bitcoin,” Wozniak told Brian Sozzi and Julie Hyman, in an interview.
“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 explained.
Woznaik also highlighted that Bitcoin is not controlled by one single entity and thus can retain a level of predictability that is hard to attain with the US dollar, as regulators can create new paper bills on a whim.
The co-founder of Apple said Bitcoin and some cryptocurrencies have “a little bit of anonymity,” which he doesn’t see as a good thing.