Steve Wozniak Expresses Support for Bitcoin

The co-founder of Apple appeared at the Money 20/20 conference, and expressed his support for Bitcoin over gold and the US Dollar in an interview with CNBC: "There is a certain finite amount of bitcoin that can ever exist. Gold is mined and mined and mined. Maybe there’s a finite amount of gold in the world, but Bitcoin is even more mathematical and regulated and nobody can change mathematics." Wozniak was also enthusiastic about smart contract platforms such as Ethereum, comparing the possible impact of such services to the impact created by traditional software that was facilitated through the invention of the computer.

Another interesting guest at the conference was the former New York State Superintendent of Financial Services, Benjamin Lawsky, who said that he once shot down a request to "shut Bitcoin down" made by a bank lawyer. Lawsky also expressed concern over ICOs, stating that they could compromise the entire cryptocurrency system if they grow out of control.