The co-founder of technology giant Apple said that he has sold all of his bitcoin at all-time high values. This happened toward the end of 2017 when Bitcoin was worth around $20,000.
Steve Wozniak Sold Bitcoin at $20,000
The co-founder of one of the most influential corporations on the planet – Apple, Steve Wozniak, reportedly sold all of his Bitcoin when the price of the cryptocurrency was at its peak.
In 2017, Bitcoin rallied to around $20,000 but has lost around 80 percent of its value since. Nevertheless, ‘Woz’ was able to make a killing, catching the right time to sell, after buying them at $700.
Speaking on the matter, Wozniak said:
When it shot up high, I said I don’t want to be one of those people who watches and watches it and cares about the number. I don’t want that kind of care in my life.
Steve Wozniak and Bitcoin (BTC)
Apple’s co-founder got into Bitcoin when it was valued at around $700. Back then, he said that he had done so “for fun” and because he wanted to experiment with the cryptocurrency.
In an interview with CNBC back in June 2017, he revealed that he was interested in the cryptocurrency a lot sooner, but he couldn’t buy them at the time:
I remember getting interested in bitcoin some time ago. t was $70 for a bitcoin, man and I went online and you had to have a special bank account at a special bank and I couldn’t buy any bitcoin so I gave up. Eventually, I got some of them at the $700 stage and it went down to $350. I didn’t invest, I did it so I could play with bitcoin.
More interestingly, Wozniak has also been the victim of a Bitcoin fraud. In February 2018, he revealed that someone scammed him out of 7 BTC by using fake credit card number.
Steve Wozniak’s interest in the field of blockchain, however, doesn’t seem to have ended with him selling his Bitcoin.
In October 2018, Wozniak co-founded a Blockchain-enabled investment platform called EQUI Capital.
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