Ethereum Could Become As Pervasive as Apple

Apple Co-Founder Says Ethereum will Be As Influential As Apple

Computer programmer and co-founder of Apple Computer Steve Wozniak recently drew comparisons between Ethereum and Apple. While speaking at the WeAreDevelopers conference in Vienna, Steve said that in due time Ethereum would become as pervasive as Apple. According to a post on Forbes, Steve came across cryptocurrencies such as Ethereum in their “early days.” The tech pioneer says that he currently does not hold much crypto, only 1 Bitcoin (BTC) and two Ethereum (ETH). 

He adds that the only reason he holds some crypto is to actually try using it to pay for things. Notably, Steve has previously described blockchain as “the next major IT revolution that is about to happen.” He says  that cryptocurrencies and the blockchain technology that underpins them will mature within the next 10 years. Many crypto experts, such as ex-JPMorgan head of blockchain efforts Amber Baldet, share the same opinion. In fact, Baldet has referred to the blockchains of today as “1960s internet”. So with the passage of time, we will probably see much better versions of blockchain.

Bitcoin More “Genuine and Real” than the US Dollar 

The Apple co-founder referred to Bitcoin as an asset which is superior to the US dollar and gold. Steve made these comments at the Money 20/20 conference in Las Vegas, Nevada. The reasoning behind his claim he gave is that there’s only a limited supply of Bitcoin (BTC) that can ever exist (21 million). This, according to Steve, makes the flagship cryptocurrency “more genuine and real” compared to the almighty US dollar.

The American inventor even used the word “phony” to describe the US dollar since he claims that it’s often “manipulated” due to political decisions. When discussing real estate, Steve said a house or property has monetary value and even decades later, it remains a house (or property) that has value. Meanwhile, he said there might be a finite supply of gold, however:

“Bitcoin is even more mathematical and regulated and nobody can change mathematics.”

Steve’s Continued Contributions to The Tech World

In addition to being the co-founder of Apple, the tech entrepreneur has launched a coding school called Woz University. There are currently 31 “Woz” coding camps located throughout the United States. Working alongside the late Apple co-founder Steve Jobs, Steve Wozniak can be considered one of the leaders of the personal computer (PC) revolution during the 70s and 80s.

In fact, both tech gurus developed the first Apple computer back in 1976. Apart from Steve’s contributions to Apple, he also helped invent the world’s first universal remote. 


Forbes article on Steve Wozniak