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Apple’s Steve Wozniak Gives His Crypto Predictions

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Steve Wozniak
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One of Apple’s co-founders, Steve Wozniak, stated recently that he would join up a new crypto startup. He also spoke about cryptos in general, stating that he is excited about their future, and explained why.

Steve Wozniak excited about the future of digital currencies

In a recent interview, Apple’s Steve Wozniak, who is a well-known computer engineer, as well as one of the company’s co-founders, stated that he likes to keep up with modern technological advances. This is the reason why he was initially drawn towards cryptos. Later, when he uncovered the new and interesting aspects this technology, and Bitcoin in general, his interest was peaked even more.

Bitcoin doesn’t have a known creator, nor is it controlled by a centralized authority. It is entirely based on mathematics, which is one aspect that impressed him in particular. To him, math is like nature, and he trusts it completely. While people can make things up, control them, manipulate them, and alike, math is always true and honest, which is something that can be said for Bitcoin as well.

Steve Wozniak is known to have been the right-hand man of Steve Jobs himself, and the two founded Apple through shared effort. They founded the company back in 1976, when Jobs was handling the entrepreneurial part of the project, while Wozniak was in charge of the tech-related aspects. They continued to work on the company and got it through the first five years that were critical for its survival. By 1985, Wozniak left the company and had focused on other things like philanthropy, various investments, and he even became a host for pop music shows. Eventually, the world started to view him as an early computing world’s ambassador.

Cryptos are like the early internet, says Steve Wozniak

As such, the crypto world was anxious to hear what he thought about the crypto world and cryptos in general. As a very reputable and respected figure in the world of technology, many believed that his words on the matter might even dictate the future of this technology. If nothing else, his perspective was invaluable to them. Eventually, he decided to speak about them, and he did so at the Chainxchange blockchain convention.

He seemed more than excited about cryptos, as well as Bitcoin itself. It would seem that the biggest impression on him was left by the independence that cryptos have expressed so far. He even compared them with the early days of the internet itself. He stated that technology behind cryptos is amazing to him, and what was even more amazing that almost every branch of business these days either already uses some of the crypto products, or they are considering using them.

He also said that he sees value in this technology, which is not something that everyone is capable of. The current state of cryptos reminds him of the early internet in this regard as well. Finally, he briefly touched upon the new crypto investment group, going by the name of Equi Capital. He mentioned that he will be involved in the group and that this would be his first project of this kind.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Gage Skidmore via Flickr

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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