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Steve Wozniak: Government will never let crypto exceeding its limit

 Steve Wozniak, the co-founder of Apple has expressed his opinion on Bitcoin. According to a recent crypto news update he praised the fixed supply of the dominant crypto coin and called it mathematical purity. Steve also made a point that under the government’s control, cryptocurrency won’t be moving out from its framework. If ever it comes to know that anything that has been dealt in crypto without the notice of the government and overlooking taxation, then it will not be allowed. 


Does Steve Wozniak believe in crypto?


During an interview session with Yahoo Finance, the Apple co-founder Steve Wozniak had been questioned about whether he believes in cryptocurrency? The answer that came from him was positive. According to Steve, cryptocurrency seems promising via blockchain of distinctive things it can make out differently. He also added that this new digital money technology comes with a format that can be trusted. Moreover, it won’t be simple for any human to do modifications in the control of it. 


Steve Wozniak further made elaboration on American fiat currency U.S. dollars. According to him, there can be a new creation of dollars, and that can be borrowed more and more. But contrary to it, Bitcoin comes with a rigid supply. Hence, one cannot expect the creation of a new Bitcoin. 


Final words


Stay abreast with more such crypto news updates on Cryptoknowmics, and find out the use of Coinbase exchange and more relevant topics here. 



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