If You Invest $100 In Bitcoin And It Returns To Levels When Apple Co-Founder Called It ‘Pure Gold Mathematics’, Here’s How Much You’d Have Now


Apple Inc co-founder Steve Wozniak, in 2022 called Bitcoin (CRYPTO: BTC) the “only cryptocurrency that’s pure-gold mathematics.” 

What Happened: In an interview with Business Insider on March 5, 2022, he praised the underlying technology and intricate calculations that make Bitcoin the most well-known cryptocurrency. 

Wozniak, who played a pivotal role in the early days of personal computing alongside Steve Jobs, has consistently recognized the technical merits of Bitcoin and referred to it as “the most amazing mathematical miracle” even during a previous tech conference.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you’ll also get Benzinga’s ultimate morning update AND a free $30 gift card and more!

See More: A Stay At The Floating Palace From James Bond’s ‘Octopussy’

Why It Matters: However, while Wozniak remains an avid supporter of Bitcoin, he expressed caution regarding other cryptocurrencies and non-fungible tokens (NFTs). 


“The Best Report Benzinga Has Ever Produced”

Massive returns are possible within this market! For a limited time, get access to the Benzinga Insider Report, usually $47/month, for just $0.99! Discover extremely undervalued stock picks before they skyrocket! Time is running out! Act fast and secure your future wealth at this unbelievable discount! Claim Your $0.99 Offer NOW!

Advertorial


 

He raised concerns about the new crypto projects and NFTs entering the market, suggesting that there could be potential scams and “ripoffs” orchestrated by unscrupulous individuals. 

If you had invested $100 in Bitcoin today and its value reached levels when Wozniak acclaimed it as the “only cryptocurrency that’s pure-gold mathematics,” your investment would now have generated a 30% profit. This would bring your total investment to $130.

On the day Wozniak made the comment, BTC was trading at $39,394.

Price Action: At the time of writing, BTC was trading at $30,114, down 0.19%, in the last 24 hours, as per data from Benzinga Pro.

Read Next: Bitcoin, Ethereum, Dogecoin Drop As Mixed Signals Emerge From US Labor Market — Analyst Warns Of ‘Bad,’ ‘Explosive’ Developments For King Crypto

Join Benzinga’s Future of Crypto in NYC on Nov. 14, 2023, to stay updated on trends like AI, regulations, SEC actions & institutional adoption in the crypto space. Secure early bird discounted tickets now!

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.



Source link

Previous articleMy favorite controller of 2023 is the GameSir T4 Kaleid – and it’s on sale
Next articleBest Prime Day deals on Thunderbolt docks and USB-C hubs are live