Tech pioneer Steve Wozniak is still bullish on Bitcoin, seeing “massive value creation” despite the price plummeting in 2018.

A lot of people get excited about a new technology, only to become disillusioned if anything goes wrong. At that point, they tend to wash their hands of the new tech and move on to the supposed next big thing. True visionaries are not put off by hiccups and keep an eye on the overall potential that the new tech could deliver. One such visionary is legendary tech pioneer Steve Wozniak.

Steve Wozniak Still Enjoying Bitcoin

To say that Steve Wozniak has had an impact upon our way of life is an understatement. He, along with Steve Jobs, founded Apple, which helped usher in the personal computer age.

Wozniak has long been a proponent of Bitcoin, calling the cryptocurrency “pure digital gold” and “just amazing.” He bought into the world’s foremost virtual currency a few years ago when it was trading for $700, and he has the funds to dabble around in the crypto ecosystem as he has an estimated net worth of $100 million.

While the bear market of 2018 that crushed the value of BTC deflated the hopes of many, Wozniak is still upbeat about Bitcoin, saying:

We’ve seen massive value destruction but we’ve seen massive value creation. I had a lot of bitcoin, but never as an investor. I only had bitcoin to experiment with … and I still experiment with it on new bitcoin devices.

Not Focused on Price

Wozniak prefers to focus on what Bitcoin can do for the average person instead of what the current price is. He has said in the past that people should not get carried away with the value of Bitcoin. He ties this view into how Steve Jobs handled things at Apple, saying, “Steve Jobs wasn’t a computer person, but he was a people person.”

Wozniak adds:

I don’t want to be one of those people constantly checking the price.

This is a fair point in that Steve Wozniak is looking at what Bitcoin’s overall potential impact upon our lives could be, which encompasses far more than just its current fiscal value. But on the other hand, he can afford to not care about the price as he is rich. People with an average paycheck would be quite happy to see Bitcoin enjoy a massive bull run again.

Still, it’s great to see one of the true tech pioneers of our time touting the virtues of Bitcoin and combating the FUD often promoted by those in the traditional finance world.

What do you think about Wozniak’s views on Bitcoin? Let us know in the comments below.

Images courtesy of Flickr/Gage Skidmore and Pixabay.