In a recent interview with a leading financial publication, Steve Wozniak, co-founder of Apple, made some bold predictions about the future of bitcoin. According to Wozniak, the leading cryptocurrency is safe, and it is likely to live long and grow to $100,000 in the foreseeable future.
Wozniak is a well-known technology entrepreneur and inventor, and he has been an ardent supporter of Bitcoin for some time. In his latest comments, he reiterated his belief that Bitcoin is a sound investment and store of value, even in a volatile market.
“I am by no means a financial expert, but I believe in Bitcoin,” Wozniak said. “I think it’s a solid investment and a store of value, and I think it will be around for a long time. I wouldn’t be surprised if in the next few years its value reaches $100,000.”
Wozniak’s comments came at a time when the price of bitcoin has fluctuated wildly, with the cryptocurrency falling below $50,000 earlier this week. However, Wozniak remains confident that bitcoin will bounce back and continue its rise.
“It’s important to remember that Bitcoin has always been volatile,” Wozniak said. “But over the long term, it has proven itself to be a solid investment. I think we’ll see more and more people investing in Bitcoin in the coming years, and that will only raise the price.”
Wozniak’s comments are likely to be well received by bitcoin investors, who have been experiencing a roller coaster ride in recent weeks. While there is no guarantee that bitcoin will reach the $100,000 mark, many experts believe the cryptocurrency has a bright future ahead as its rising popularity and institutional investments drive its growth.