Steve Wozniak: "the bitcoin is better than gold and dollar"
While average consumers can be more than are happy operating in dollars and storing means in gold, one of founders of Apple Steve Wozniak, the mathematician by training, considers that the bitcoin surpasses them both as the intermediary, and as means of preservation of value — for one important reason: him mathematically a certain stock in 21 million coins makes impossible decrease in the price of the existing stock that does it to safer.
Wozniak has shared the views of bitcoin and technology a blockchain during the interview with the correspondent of CNBC on technologies Deidre Bosa at the Money 20/20 conference in Las Vegas on Sunday. Respectively, a conference subject — the future of payments, transactions and, of course, currencies.
As reports Bitcoin Magazine, Wozniak considers that the currency "is stabler" when it can't be "diluted" [to reduce in the price].
"There is a certain quantity of bitcoins which can ever exist. Gold is got, got and extracted. Perhaps, in the world there is also a final amount of gold, but the bitcoin is even more subjected to mathematics both it is regulated, and nobody can change mathematics".
В этом смысле Возняк назвал доллар США своего рода «фальшивкой», в то время как биткоин стал более «подлинным и реальным».
Возняк добавил, что запасы золота могут быть «разбавлены», поскольку люди обнаруживают более эффективные способы его выкапывания из Земли.
Wozniak has continued to compare bitcoin to possession of the house: "Your house — value. For example, the house – and today, and in 40 years it will still be valuable — even if the price will grow, and the government will collect more taxes".
Wozniak has told that he "admired" bitcoin almost from the very beginning. However in the first days creation of the special bank account for purchase of bitcoin has been connected with a large number of efforts. Process, according to him, was "so inconvenient that he hasn't allowed me to receive early bitcoin". When he, at last, managed to buy it, the price has decreased almost at once twice.
"I considered it as a currency form" — he has told, having added that initially he didn't understand the main technology a blockchain.
However Wozniak says that the price was always a secondary problem.
"I am not a financier by the nature — he says in general, having added that he never followed the price of bitcoin or the stock price of Apple. About I have told that he was acquainted with bitcoin because it is based on mathematics. "We with the wife judge hotel rather according to number on a door, than on a situation in the room. Both of us are mathematicians" — he has told.
According to Wozniak, besides simple improvement of transactions, the technology a blockchain can transform various branches, such as financial services and mining.
"Right now, suppose, in the world there are contradictions connected with minerals — and you don't want to buy such minerals, or just to contact them. How to avoid it?"
He has continued to explain how the companies usually buy gold from the different countries and melt them together therefore there is no way to learn from where all this occurs. Nevertheless, by means of decisions on the basis of a blockchain, tracking of origin of gold is possible now.
"They apply technology at which all payments can arrive only on good, lawful sources which have no ‘disputable minerals’" — he has added.
When all potential cases of use of a blockchain are studied, years still will be required to define what works and that isn't present. That is why, according to Wozniak, introduction on the market of an efirium looks now as if personal computers have for the first time got on the market, and people have suddenly begun to write "tens of thousands of programs" of which nobody ever thought. The dawn a smart of contracts, thus, will help technology to realize his potential.
"It is, actually, much more cryptocurrencies, than just bitcoin" — he has told.
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