• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Money20/20 Europe: Apple Co-Founder Hedges His Bets On Bitcoin

June 4, 2018

Apple co-founder Steve Wozniak still believes in Bitcoin, but he’s not putting his money where his mouth is.

Money20/20 Europe: Apple Co-Founder Hedges His Bets On Bitcoin
Steve Wozniak gave a keynote presentation at Money20/20 Europe on Monday.

Speaking to CNBC at the start of this week’s Money20/20 Europe event, Wozniak endorsed recent comments made by Twitter CEO Jack Dorsey, who said that he thinks Bitcoin will become the world’s dominant currency in the future. Wozniak lauded the technology for its decentralization, with no particular banking authority determining its value; the cryptocurrency is “pure digital gold”, he said.

But he hedged his comments, too. “I buy into what Jack Dorsey says, not that I necessarily believe it’s going to happen, but because I want it to be that way,” Wozniak explained. And Wozniak divested himself of most of his Bitcoin holdings after getting stressed over its erratic market performance; the cryptocurrency rose from a value of less than $2,000 last summer to nearly $20,000 in December, before falling to the valuation of roughly $7,500 it has at the time of writing.

Those fluctuations have been the cause of some controversy, of course, but they have also helped to spark more interest in cryptocurrencies and the blockchain accounting upon which they are based. Even if Bitcoin doesn’t become the lingua franca of global commerce, blockchain, in conjunction with identity technologies like biometric authentication, is still generating a lot of excitement with its potential to facilitate reliable and secure transactions while also maintaining the privacy of users in a way never before possible.

Source: CNBC

Filed Under: Featured, Industry News Tagged With: Apple, blockchain, cryptocurrency, mobile device, mobile identification, Money20/20, Money20/20 Europe, Steve Wozniak, Twitter

Related News & Articles

GSMA Takes Mobile 360 Online for the Rest of 2020

Curve Integrates Samsung Pay into Card Consolidation Platform

170,000 Guests Saw More than 20,000 New Products at CES 2020

Primary Sidebar

Learn About Mobile ID and Aviation

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • NordPass, Yahoo! Japan, and Regula Keep Up Mobile Biometrics Momentum
  • NordPass Enables Biometric, TOTP-secured 2FA for Business Users
  • Mastercard Solution Certified Under UK’s Digital ID Framework
  • Transatlantic Digital Traveler Identity Project Gets High-Profile Tech Partner
  • Digital Identity Tech Demo Online Event

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld