The Mighty Woz has spoken.<\/p>\n
Apple (AAPL) - Get Apple Inc. Report co-founder Steve Wozniak put in his two cents about bitcoin recently, saying that he believes the cryptocurrency will reach $100,000.<\/p>\n
Wozniak made his comments on the podcast \"Steve-O's Wild Ride,\" hosted by the \"Jackass\" star.<\/p>\n
He discussed his experience with bitcoin, the world's largest cryptocurrency by market capitalization.<\/p>\n
Wozniak noted how bitcoin prices have soared a few times when he owned it and he now only has a small amount to experiment with.<\/p>\n
\"I think Bitcoin is going to go to $100,000,\" he said. \"I dont know where I get that feeling. I cant put any mathematics to it. I just really feel it based on all the interest. The interest in crypto is so high.\"<\/p>\n
Bitcoin was down 8.6% to $38,807 Friday at last check, according to CoinGecko.<\/p>\n
Wozniak,who founded Apple with Steve Jobs in 1976,cited the increasing number of cryptocurrencies, saying \"everybody has a way to create a new one, and you have a celebrity star with it.\"<\/p>\n
\"It seems like theyre just collecting a bunch of money from people who want to invest at the very earliest stage, when its worth pennies,\" he added.<\/p>\n
He also said that the number of people getting ripped off with crypto and NFTs, or non-fungible tokens \"is just outrageous.\"<\/p>\n
\"Bitcoin is safe because it's the big elephant on the block,\" he said. \"It's stable.\"<\/p>\n
Wozniak, who left Apple in 1985, has had his own experience with crypto scams.<\/p>\n
Last year,Wozniak has lost his lawsuit to sue YouTube over scam videos that claimed he was the host of a fake bitcoin giveaway and used his image.<\/p>\n
Santa Clara County (Calif.) Superior Court Judge Sunil R. Kulkarni ruled that YouTube and its parent company Google (GOOGL) - Get Alphabet Inc. Class A Reportwere protected under federal law from responsibility for their users' posts.<\/p>\n
Images and a video of Wozniak were used by YouTube scammers to trick viewers into believing he was hosting a live giveaway, in which anyone who sent him bitcoin would receive double the amount in return, according to the lawsuit.<\/p>\n
Wozniak is involved with a realityshow called \"Unicorn Hunters\", which introduced its own cryptocurrency, Unicoin, last month.<\/p>\n
In 2020, Wozniak launchedEfforce, a Malta-based blockchain project for funding energy-efficient businesses.The company's cryptocurrency token is named WOZX.<\/p>\n
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\nWill Bitcoin's Price Hit $100,000? Apple's Wozniak Thinks So - TheStreet<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"