Apple Co-Founder Steve Wozniak Officially Announces Joining A Cryptocurrency Startup
During a recent interview with Null Transaction, Apple co-founder Steve Wozniak shared details of him officially being a part of cryptocurrency and the blockchain industry. Wozniak said that he is “amazed at the technology behind [cryptocurrency]” and decided to join the investment focused cryptocurrency startup Equi Capital.
During the interview, Wozniak mention that Equi was an investment firm. The crypto startup aims to replace the traditional investment firms by going retail and professional investors an equal opportunity to buy equity in companies.
Wozniak didn’t clearly describe his role at the startup but mentioned that they have got a good track on investments in the crypto space and are also planning to establish their base in the crypto-friendly nation of Malta.
Wozniak said: “I’m involved with, very soon, my first time being involved in a blockchain company. [It’s] called Equi… Our approach is not like a new currency, or something phony where an event will make it go up in value. It’s a share of stock, in a company. This company is doing investment by investors with huge track records in good investments in things like apartment buildings in Dubai. We have one person in our group who has listed out a whole apartment building for Bitcoin… We might be starting up in Malta around the time of their blockchain conference. Some countries are very positive about [blockchain]the same way they were about electric vehicles.”
Steve Wozniak has been a long-time Bitcoin evangelist and also said that he would love to see it emerging as the ‘world’s single currency’ while replacing the U.S. Dollar. However, Wozniak was sceptic about the blockchain technology and even referred to it as a big bubble, in the past.
While clarifying on his recent perception on the blockchain technology, Wozniak said: “At first I kept hearing [about blockchain], and I didn’t understand it. It’s not something you understand in a day. You think about it, read more about it and how it works, and then you see how people actually start to use it, through the mining process and also the verification and, aha! It all adds up!”
Wozniak also presented several use cases of blockchain technology which holds a huge set of application across multiple industrial sectors. He said: “It’s so independent! It’s kind of like the internet when it was brand new… I was amazed at the technology behind it. People start up companies that do other things in life. I’ve encountered people working in real estate avenues, types of Uber systems, everything we’ve got in our life, especially involving transactions – retail sales, car sales, manufacturing of goods… working on Bitcoin applications… and they all have value. Every single one you hear about, to me, has value…. A few people can see the value, which reminds me very much of the early internet days.”