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Steve Wozniak - Apple CoFounder claims to have sold all his bitcoin holdings

Pooja
Pooja

Steve Wozniak aka the Apple Co-founder has made a recent announcement that all of his Bitcoin (BTC) holdings have been sold when BTC reached it’s peak value of $20,000 in December 2017.

As reported on Nordic Business Insider, Wozniak bought cryptocurrency out of sheer curiosity and was never a person who tracks for its price to increase. He bought crypto when it was at about $700 per coin and further mentioned that,


My goal was to travel to a place like Stockholm, and go to restaurants and hotels that only accept bitcoin, and only use bitcoin when I travel.

With that said, when BTC reached its highest value of $20,000 he sold all of his holdings in it and cashed out. Answering to Q&A session with popular marketing icon – Seth Godin,
Wozniak  stated that,

When it shot up high, I said I don’t want to be one of those people who watches and watches it and cares about the number. I don’t want that kind of care in my life

Furthermore, he adds that he didn’t take this decision for money making instead he pointed out that – ‘ I’ve never been into money in any way. I’ve never used Apple’s stock app, I don’t buy and sell stock ‘

Also, in Money 20/20 event Wozniak had quoted that bitcoin is equivalent to ‘digital gold’ and more worth than the US dollar. This might appear that he still had great hopes for the future of crypto despite having already sold most of his holdings at the time.

Not to forget, Wozniak has contributed to crypto by co-founding  EQUI Global, a blockchain-focused venture capital fund in October 2018.

What do you think of this decision by Steve Wozniak? Let us know your thoughts in the comment below.

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Pooja

Lead writer at Wolfcone.com and avid reader. My interests lie in everything and anything related to technology. I firmly believe cryptocurrency has the power to revolutionize world economy and blockc