Apple's co-founder, Steve Wozniak, is not a crypto investor, but praised bitcoin for its "massive value creation". epic scandal of data breach.
Wozniak made the remarks in an interview with Bloomberg on February 26 (see video below starting at 4:08).
Woz: Bitcoin has created a huge value, despite the bear market
When asked if he still believes that bitcoin will become the world's only currency despite Crypto Winter, Woz remains a bitcoin bull.
"I'm not sure if we've seen a" massive destruction of value. "I think we've seen massive value creation."
In June 2018, Wozniak declared that he wanted bitcoin to become the single currency of the world. At the time, Wozniak had stated that he was attracted to the "pure" idea that citizens around the world could share a single currency, even if they were geographically dispersed.
"I adhere to what Jack Dorsey says. It's not that I necessarily think it's going to happen, but I want it to be that way. It's such a pure thought. "
Woz echoed the sentiments of Twitter billionaire Jack Dorsey, who believes that the original cryptocurrency will replace all other currencies over the next decade.
Sold Bitcoin Holdings to Bull Market
Despite the pro-crypto position of Wozniak, he no longer has bitcoin. Woz – whose net worth exceeds $ 100 million – said that he once had "a lot of bitcoins," but only to experiment with it, not to reap the benefits as an investor.
When the price of bitcoin peaked during the 2017 bull market, Wozniak sold everything. Why? Because he did not want to be one of those anxious crypto sellers who wring their hands every time the price fluctuates.
"When he climbed up, I did not want to be one of those people [obsessively] look at the bitcoin price, so I sold myself. I do not know where he is now, but he has already exceeded his prices. "
Woz: I lost the respect of Mark Zuckerberg
In addition, Steve Wozniak said he was disgusted with Facebook CEO Mark Zuckerberg for allegedly violating users' privacy by selling their personal data to third parties without their consent – for years.
"I lost a lot of respect for Mark Zuckerberg by watching him talk and taking so-called measures that are nothing. I do not believe that. "
As reported by CCN, the US Federal Trade Commission of America plans to hit Facebook a "record" fine for its vast data breach debacle.
A FTC fine may be imposed on Facebook with "recording registrations" for scandal of breach of data security
– CCN.com (@CryptoCoinsNews) January 18, 2019
The FTC has been investigating Facebook since last year amidst enlightened revelations that it would not have protected the privacy of its alleged two billion monthly users.
In March 2018, allegations that Facebook would have unduly allowed the British company Analytical Data Analytica Cambridge to access the personal data of 87 million users without their consent.
Elon Musk and Steve Wozniak leave Facebook
Many users were furious when they discovered that the company had secretly sold their personal data without their consent.
Facebook has 1 billion fake accounts, Mark Zuckerberg "The greatest hustler in history": researcher https://t.co/3mqsNk4Ux7
– CCN.com (@CryptoCoinsNews) January 24, 2019
Actor Will Ferrell and Playboy magazine have cleared their accounts, saying that they were alarmed by the misuse of user data by Facebook.
Billionaire Elon Musk has also removed the accounts of his companies Tesla and SpaceX. Musk said Facebook still gave him goose bumps.
"This is not a political statement and I did not do it because someone challenged me to do it," Musk tweeted. "Do not like Facebook. Give me the willies. "
Wozniak: Facebook should be regulated
Similarly, Steve Wozniak said that he had deleted his Facebook account amid his burgeoning scandal regarding users' privacy. Woz pointed out that the Foursquare location technology company had not operated its users for fundraisers.
"Millions of dollars have been donated to Foursquare for their users' data. And they refused it because it was unethical. So you can draw the line in the right place and not in the wrong place. "
When asked if the government should regulate Facebook because of its debacle over privacy, Wozniak responded in the affirmative.
"That kind of regulation we need. The United States is far behind Europe in regards to recognizing many of these data privacy issues. "