In a CNBC interview, Steve Wozniak revealed he has invested in the bitcoin ever since the price of the coin was $ 700.
Since the beginning of the year, the bitcoin has tripled, reaching the most recent highest listing in history. Although uncertainty and speculation about the bubble cryptomonade is not scattered, Apple's co-founder trusts his investment.
Why did he invest?
Wozniak said he did not make the investment with the thought of profit. Rather, he was curious to understand how technology works and how people would benefit. During the time he invested, the bitcoin was quoted at $ 700, but then dropped to $ 350.
The businessman wanted to understand and how the bitcoin could be used to buy and sell goods. He also wanted to find out how payments could be made for services.
The desire to understand new technology
Even if the initial investment could bring good profit, like any genius of technology, Wozniak was interested in the technology behind the bitcoin. He was interested in how safely transactions were made.
Bitcoin, with the technology behind it, is attracting more and more interest. Various industries appeal to the blockchain to optimize processes. It's a way they want to overcome competition.
Future applications
In an interview by Don Tapscott, CEO of Tapscott Group, he trusts that Blockchain technology will impact the world.
This will be, according to Tapscott, due to the fact that the protocol used by Blockchain allows financial transactions that do not require the involvement of third parties, such as banks.
At present, many believe that in the near future Blockchain technology will bring improvements to the financial sector, the entertainment industry and will be used even in politics.