Categories: Altcoin News

Apple Co-founder Steve Wozniak Expects Ethereum to Dominate the Crypto Market

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Cryptocurrency industry gained another enthusiast in the form of Steve Wozniak as he talks about Ethereum becoming as influential as Apple. With the increasing interest of mainstream industry experts and companies into crypto space, we are in for good times ahead.

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Ethereum to become the Apple of crypto industry

Well, cryptocurrency market might not be making gains. However, the market is going through a transformative phase, if we could say it as such. Big mainstream industry players have entered the crypto market and though they might not be ready to play yet, they are surely taking a feel of the market.

At one side where hot shots like Warren Buffett and Bill Gates are crypto-averse, on the other side industry talents like Jack Dorsey and Michael Novogratz are bullish on crypto. A new addition to the latter list is Steve Wozniak.

Apple co-founder Steve Wozniak is actually more interested in Ethereum and believes this cryptocurrency has a great future ahead. In his opinion, Ethereum just might become the “Apple of cryptocurrency”.

When it comes to long-term, Wozniak has been extremely upbeat about ETH. Describing Ethereum as a platform that is “just like Apple’s”, he believes it can become as influential as Apple.

He has been quoted as saying on Forbes:

“Ethereum interests me because it can do things and because it’s a platform.”

Unlike the popular and world’s number one cryptocurrency Bitcoin among other altcoins, Ethereum isn’t created primarily for payment. It is a decentralized platform that has endless opportunities.

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Steve Wozniak actually holds some Bitcoin and Ether, so that as he says

“I can experiment with paying for different things”.

Also, read: Chinese Crypto Ranking Index: Ethereum Bags 1st Spot while Bitcoin Ranks 13th

Crypto industry is in for a good time

With Wozniak supporting and validating Ethereum, it is a good thing for the cryptocurrency market. Though if Ethereum becomes as influential as Apple in the future remains to be seen as it is already working on its proof-of-stake switch.

A shift is certainly going on in the market as big players in the industry are coming in support of cryptocurrencies. Recently, Jack Dorsey, the CEO of Twitter and Square, talked in support of cryptocurrencies with:

“I’m just approaching with the principle that the Internet deserves a native currency. It will have a native currency. I don’t know if it will be bitcoin.”

Not to mention, companies are coming in partnership with cryptocurrencies, blockchain is being utilized in almost every other industry and names like Goldman Sachs and exchanges like NASDAQ and Boerse Stuttgart opening their doors to crypto trading. We are surely in for good times that might take time to come to fruition.

What are your views on Steve Wozniak expecting Ethereum to dominate the crypto market space like Apple did the mobile sector?

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Stan Peterson

Being an active participant in the Blockchain world, I always look forward to engage with opportunities where I could share my love towards digital transformation.

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