Founders of Apple, Tesla, and Twitter All United by Interest in Bitcoin, But Will This Help Adoption?
Although Bitcoin has been caught in a persisting bear market for well over a year, multiple major tech gurus and visionaries from some of the largest companies in the world – including Apple, Tesla, and Twitter – have lauded the cryptocurrency in recent times, signaling that Bitcoin and crypto in general may soon become the focus of more innovation from major tech corporations.
Steve Wozniak, the co-founder of Apple, has long been an advocate for Bitcoin, but just recently double down on his praise for the cryptocurrency, noting that he still believes in the digital currency and its underlying technology despite the massive sell-off that has ensued over the past year.
Wozniak: There Has Been Massive Value Creation Since Bitcoin Price Crash
As reported earlier by NewsBTC, the co-founder of tech giant Apple recently shared his thoughts on Bitcoin, noting that it has incurred significant value creation over the past year despite its less-than-impressive price action as of late.
“We’ve seen massive value destruction, but we’ve seen massive value creation. I had a lot of bitcoin, but never as an investor. I only had bitcoin to experiment with … and I still experiment with it on new bitcoin devices,” Wozniak said in a recent interview with Bloomberg.
Wozniak further added that he doesn’t “want to be one of those people constantly checking the price,” and that he believes the persisting bear market is largely due to human psychology and is not a reflection of the technology’s value or of its fundamental growth. ..Read More..