Apple Co-Founder Steve Wozniak Talks Blockchain, Clarifies His Stance on Bitcoin

Apple co-founder Steve Wozniak is showing no signs of slowing down when it comes to emerging technology. During an interview with Totle CEO David Bleznak at the Crypto Invest Summit in LA, Wozniak announced that he will continue to get more involved with blockchain-based technology businesses, specifically those using tokens.  The tech mogul recently became the Co-Founder of blockchain-based venture capital tech fund EQUI Global, which aims to help identify emerging tech entrepreneurs and provide them with mentorship and guidance.

While Wozniak did not specifically address his new role, he highlighted the benefits of Ethereum as a blockchain platform during the conversation. He also used the opportunity to express a positive outlook for blockchain technology and clarify his previous statements on Bitcoin. However, before he got into Blockchain, Wozniak told the audience not to believe everything you see on the silver screen:

“Don’t believe that @aplusk movie where Steve Jobs takes me to the club to show off my computer. I took him!” – Steve Wozniak @stevewoz #CryptoInvestSummit pic.twitter.com/oMjv2qYz7k

— Blockchain Beach (@blockchainbeach) October 23, 2018

In true engineer spirit, Wozniak prefers science above all:

“Blockchain has no central control. It’s just out in nature.” Steve Wozniak @stevewoz on why he likes Blockchain. He prefers things based on science to things created by humans #CryptoInvestSummit pic.twitter.com/FIjmQFT2Wf

— Blockchain Beach (@blockchainbeach) October 23, 2018

Even though he left Apple long ago, Wozniak is still supporting the company and its products:

Apple Watch style from Steve Wozniak @stevewoz #CryptoInvestSummit pic.twitter.com/JwlMZvpmBd

— Blockchain Beach (@blockchainbeach) October 23, 2018

Wozniak then turned his attention to blockchain and almost sounded like a Bitcoin maximalist by suggesting that other blockchains weren’t as “pure” as Bitcoin and had potential security issues:

“Bitcoin really got our attention to what Blockchain can be… I don’t see other Blockchains being as pure… I think the chains are going to be judged on which don’t have security failures.” – Steve Wozniak @stevewoz #CryptoInvestSummit

— Blockchain Beach (@blockchainbeach) October 23, 2018

#BucketList:

“My goal is to travel to another part of the world and just take Bitcoin only.” – Steve Wozniak @stevewoz #CryptoInvestSummit pic.twitter.com/TNxMRBoAAu

— Blockchain Beach (@blockchainbeach) October 23, 2018

Wozniak is involved with companies that are using tokens (or are planning to):

“For today’s Blockchain applications, you want to have something special. I’m involved in some businesses that will use tokens… Governments will take control of Blockchain if you let them, like they did the Internet.” – Steve Wozniak @stevewoz #CryptoInvestSummit pic.twitter.com/r9gx5C9fiu

— Blockchain Beach (@blockchainbeach) October 23, 2018

Wozniak does not think that Blockchain for the sake of Blockchain will work. Applications still need performance:

“You don’t want to switch from a non-Blockchain application to a Blockchain application and lose something” – Steve Wozniak @stevewoz #CryptoInvestSummit pic.twitter.com/D9Jp2L0HTs

— Blockchain Beach (@blockchainbeach) October 23, 2018

Finally, he clarified a misquote about Bitcoin:

Steve Wozniak @stevewoz clarifies that he did not say that Bitcoin is a bubble. He said that it may be a bubble, but feels that bubbles are good because of what comes out of them, like the Internet bubble. #CryptoInvestSummit pic.twitter.com/ZpoyWyoIwv

— Blockchain Beach (@blockchainbeach) October 23, 2018

You can catch our recap of the Women of Crypto Track, the rest of the Day 1 recap or the Day 2 recap with Tim Draper.