Though he left the company decades ago, Steve Wozniak solidified his name next to the late Steve Jobs as a co-founder of Apple. Since his departure from the world’s favorite computer company, Wozniak went on to get involved with many technology startups including Electronic Frontier Foundation, while also finding the time to publish an autobiography. Now, the inventor of the Apple I is getting involved with cryptocurrencies and the blockchain.
In an interview with NullTX, Wozniak recently revealed his involvement with crypto startup Equi. However, the tech-genius makes it a point to note that Equi’s “approach is not like a new currency, or something phony where an event will make it go up in value. It’s a share of stock, in a company. This company is doing investment by investors with huge track records in good investments in things like apartment buildings in Dubai.”
The project is reportedly looking to simplify the cryptocurrency investment process by utilizing the Ethereum blockchain. Wozniak didn’t reveal what exactly he’ll be doing with Equi, but he hinted that they might launch in Malta, which is looking to be the world’s blockchain hub.
“We might be starting up in Malta around the time of their blockchain conference,” said Wozniak. “Some countries are very positive about blockchain the same way they were about electric vehicles.”
However, the Apple co-founder perhaps could have chosen better than Equi. As reported by The Next Web, Equi had its ICO canceled due to lack of interest. Also, the supposed bounty system in which Equi operates is apparently in violation of SEC securities law.
A Love for Blockchain
As an advocate for technology, it comes as no surprise that Steve Wozniak appreciates the blockchain:
“It’s so independent! It’s kind of like the internet when it was brand new… I was amazed at the technology behind it. People start up companies that do other things in life. I’ve encountered people working in real estate avenues, types of Uber systems, everything we’ve got in our life, especially involving transactions – retail sales, car sales, manufacturing of goods… working on Bitcoin applications… and they all have value. Every single one you hear about, to me, has value…. A few people can see the value, which reminds me very much of the early internet days.”
However, it’s a bit remarkable that someone who sees such potential in blockchain is choosing a project with such a troubled history. Perhaps the computer whiz sees a way to turn things around with Equi.
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