Every day, more IT entrepreneurs and inventors are putting their money behind cryptocurrencies. Steve Wozniak, a computer scientist and programmer who co-founded Apple with Steve Jobs, has praised bitcoin, claiming that blockchain technology holds "an awful lot of potential." He also claimed that Bitcoin, the world's most valuable cryptocurrency by market capitalization, is "simply mathematically pure" and uncopyable.
Using the US currency as an example, he claims that governments gain power through the transactions that pass through them for monitoring and taxes.The programmer behind the first Apple computer, speaking to Yahoo! Finance, stated that while Bitcoin and other crypto currencies provide some privacy, they are not controlled by a single institution like the US dollar. "Bitcoin doesn't have a known founder, it's not governed by a corporation; it's just mathematically pure, and I always believe nature above humans," he...