Co-founder of Apple and blockchain-venture capital Fund Global EQUI Steve Wozniak (Steve Wozniak), assessing the potential of bitcoin, in an interview with Bloomberg stated that “we have seen massive destruction of value, and massive value creation.” The leading cryptocurrency is interested in it only for the experiments with the calculations, for example, during travel or at restaurants, but not as an investment.
Wozniak believes that the fall in the market is often driven by psychology and fear determines the price and demand. He recalled that sold their BTC at peak performance to not be one of those who follow it.
Recall that in the summer of last year, Wozniak said that, in his opinion, the hype surrounding blockchain technology is akin to the “bubble” burst. However, he praised the prospects of Ethereum, which, according to him, can replicate the success of Apple.