{"id":13779,"date":"2021-10-31T01:54:24","date_gmt":"2021-10-31T01:54:24","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/apple-co-founder-steve-wozniak-warns-governments-will-never-allow-crypto-to-be-out-of-their-control\/"},"modified":"2021-10-31T01:54:24","modified_gmt":"2021-10-31T01:54:24","slug":"apple-co-founder-steve-wozniak-warns-governments-will-never-allow-crypto-to-be-out-of-their-control","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/apple-co-founder-steve-wozniak-warns-governments-will-never-allow-crypto-to-be-out-of-their-control\/","title":{"rendered":"Apple Co-Founder Steve Wozniak Warns Governments Will Never Allow Crypto to Be Out of Their Control"},"content":{"rendered":"

Apple co-founder Steve Wozniak sees bitcoin as mathematical purity, praising its fixed supply. However, he said that governments will never allow it to be out of their control. \u201cIf it got to the point where everything is being done in crypto and didn\u2019t pass through governments for observation and taxation and all that, governments would just disallow it,\u201d said the Apple co-founder.<\/strong><\/p>\n

Steve Wozniak Says Governments Will Never Allow Crypto to Be Out of Their Control<\/h2>\n

Apple co-founder Steve Wozniak talked about cryptocurrency in an interview with Yahoo Finance Friday. He was asked, \u201cAre you a believer in crypto?\u201d<\/p>\n

The Apple co-founder replied: \u201cCrypto has an awful lot of promise through the blockchain of different things it can do differently than before in life, right down to elections even. It has a very trustable format that can\u2019t be modified easily with humans in control of it.\u201d<\/p>\n

He elaborated, \u201cLook at our U.S. dollars, the government can just create new dollars, and borrow, and borrow.\u201d In contrast, he noted that bitcoin has a fixed supply, emphasizing:<\/p>\n

Bitcoin is mathematics, mathematical purity. There can never be another bitcoin created.<\/p>\n

\u201cBitcoin doesn\u2019t even have a creator that we know of. Bitcoin isn\u2019t run by some companies. It\u2019s just mathematical pure. And I believe nature over humans always,\u201d he further described, noting that nature \u201creally doesn\u2019t change much.\u201d<\/p>\n

Wozniak was further asked if he believes that crypto will change how we do business.<\/p>\n

\u201cYes, I am in that camp that crypto will be used effectively. We just have so many digital ways to pay for things now, even just to transfer money to people. It goes way back to Paypal, and now we have Apple Pay and Apple Cash. We have Venmo. So we already have other modes than crypto,\u201d he replied.<\/p>\n

However, the Apple co-founder opined: \u201cCrypto just has a little bit of anonymity. I don\u2019t know if that\u2019s right that, \u2018oh gosh I can do things without people knowing.\u2019 I think that everything that you do in life you should be able to stand up and say, \u2018Well this is me doing this transaction.\u2019 And [with] crypto, it\u2019s hard to trace back to who\u2019s doing what. It\u2019s possible though.\u201d<\/p>\n

Wozniak continued, \u201cI love it when people like [Twitter CEO] Jack Dorsey talk about how crypto should be the heart of our business dealings.\u201d However, the Apple co-founder warned:<\/p>\n

The trouble is governments will never allow it to be out of their control. If it got to the point where everything is being done in crypto and didn\u2019t pass through governments for observation and taxation and all that, governments would just disallow it. They wouldn\u2019t give up their power.<\/p>\n

What do you think about Steve Wozniak\u2019s comments? Let us know in the comments section below.<\/strong><\/em><\/p>\n

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\nRegulation, Apple cofounder, ban bitcoin, Ban Cryptocurrencies, Steve Wozniak, Steve Wozniak bitcoin, Steve Wozniak crypto, Steve Wozniak cryptocurrency, Steve Wozniak Governments, Steve Wozniak US dollars<\/p>\n","protected":false},"excerpt":{"rendered":"

Apple co-founder Steve Wozniak sees bitcoin as mathematical purity, praising its fixed supply. However, he said that governments will never allow it to be out of their control. \u201cIf it got to the point where everything is being done in crypto and didn\u2019t pass through governments for observation and taxation and all that, governments would…<\/p>\n","protected":false},"author":0,"featured_media":13780,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-13779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13779"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=13779"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13779\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/13780"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=13779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=13779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=13779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}