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Apple’s Steve Wozniak Gives His Crypto Predictions

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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

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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