The Apple co-founder many of us call Woz didn't get into how much he acquired, but the cryptocurrency has skyrocketed above $3,000 over the weekend, meaning he would be up $2,300 even if he just bought one bitcoin.
"I remember getting interested in bitcoin some time ago," he said. "It was $70 for a bitcoin, man and I went online and you had to have a special bank account at a special bank and I couldn't buy any bitcoin so I gave up. Eventually I got some of them at the $700 stage and it went down to $350. I didn't invest, I did it so I could play with bitcoin."
When a tech giant as well known as Woz is discussing real world, every day things to do with the emerging tech of crypto and blockchain, you can see that mass adoption is around the corner.
He discussed even, the underlying technology of blockchain for people who may not know what this is all about, which was nice to see.
Wozniak stated he wanted to see how he could do everyday things with the cryptocurrency, like shopping with bitcoin, at places like restaurants and hotels and stated in the video clip embedded in the link / story below how you can search ahead before you take a trip and see what places to shop or stay at - that will take bitcoin.
Real world uses.
"It's not that easy to do yet, but it's getting there. I was just playing around trying out how to buy and sell stuff and I didn't care I lost a ton of money, but now I'm way up," Wozniak went on to say
Woz also discussed blockchain technology & why he feels it's important, as I mentioned just above.
"I like the blockchain technology," he said. "Every single transaction is noted and saved, and that probably has a lot of good security and traceability and looking-back aspects to it ... That's probably why a lot of banks are interested in it."
Bitcoin was priced at about $700 in June of last year before a market correction and downtrend. And again in late October / early November 2016 before it began skyrocketing in value this year.
That is the obvious time the article with CNBC states but they also do not remember or state the last time BTC was at $700 USD --- when it was on a big run up just before the 2013 BTC/Crypto crash I blogged on recently in my article about knowing your history in crypto where I provided year over year historical records and market snapshots.
And now a funny gif of Woz with rapper DMX for your pleasure:
You can view the embedded video via this link right here, it is a cnbc.com video and I could not get the direct link for you, but I tried.
http://www.cnbc.com/2017/06/12/apples-steve-wozniak-bought-bitcoin-at-700.html
It will ask you why you are using an adblocker. LOL
gif via sharegif.com / primary image capture via Conan O'Brian YT as labelled.
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