Apple co-founder Steve Wozniak admitted in an interview with Seth Godin that he sold his Bitcoins (BTC) when the e-currency reached a price of $20,000 in December 2017. Wozniak, a legend in the geek world, was speaking at the Nordic Business Forum in Stockholm. He said he first invested in Bitcoin when the cryptocurrency cost about $700. It's unclear how many digital coins he acquired at the time. He was also reportedly not interested in investing, but in wanting to "experiment." His research would be perfect for the subject of a documentary: "My goal was to travel to a place like Stockholm and go to restaurants and hotels that accept Bitcoins (...). Because what gets us excited... So if you run a restaurant or manage a hotel, and you want Wozniak to visit you, you will increase your chances when you start accepting payment in cryptocurrency. Despite his scientific approach, the creator of the Apple powerhouse sold his Bitcoins when he saw a price of $20,000 on the charts. Through his latest statement, however, "Woz" seems to want to come across as a man seeking nirvana rather than profits: "When it shot up high, I said I didn't want to be one of those people who looks at it [i.e. the charts] over and over again and looks at the numbers. [...] Part of my happiness is not having to worry, so I sold everything (...)." Wozniak stated that... "he has never been involved with money in any way." Before you accuse him of lying - after all, you don't want to believe that this kind of person has no contact with finances - we add what he meant: "I never (...) bought or sold shares. The resulting income is probably miles mentioned by Wozniak. After all, last June he admitted that he is a cryptocurrency enthusiast. He believes that "Bitcoin is pure digital gold" and has "admired" the digital currency since its inception. Even when he described the hype around blockchain as a bubble reminiscent of the dotcom era, he continued to emphasize that Bitcoin is "just amazing." Moreover, in October 2018, he also announced that he co-founded EQUI Global, a venture capital fund focused on blockchain technology. The investor's gut feeling? Someone listening to Steve Jobs' former partner might be surprised by his luck. If he's telling the truth, he sold his cryptocurrencies at the height of the bubble. This may show that "Woz" has a nose for investment, despite his lack of practical experience in stock trading. On the other hand, it begs for conspiracy theories that the digital currency market is so fond of. Let's add fuel to the fire and remind that a few days before the Wall Street crash in 1929, American business and political figures, such as Henry Morgenthau or Bernard Baruch, were selling their shares. In the context of the creator of Apple, however, these are just speculations which have no basis in fact. It remains to follow his statements on the BTC exchange rate, as he obviously knows a lot about investing... Tags Apple Bernard Baruch bitcoin Henry Morgenthau bull market cryptocurrencies Nordic Business Forum Steve Wozniak Wall Street
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