The technical genius behind Apple, Steve Wozniak AKA The Woz, visited Yahoo! Finance to talk about everything under the sun. They titled the post “Steve. Apple co-founder Steve Wozniak is starting a business in the green tech and blockchain space called Efforce. Wozniak's crypto streak Wozniak has been following Bitcoin and the broader crypto space for a while. He told CNBC in that he “buys into”. FREEBSD CRYPTO RETURNS

We can save the environment simply by making more energy improvements," he said a statement about the company. Wozniak created Efforce "to be the first decentralized platform that allows everyone to participate and benefit financially from worldwide energy efficiency projects, and create meaningful environmental change," he said. Cryptocurrency is highly volatile , it is worth noting.

They can't afford to switch to LED lighting, streamline production processes, or even insulate to conserve heat, all of which could save them money in the long term," Jacopo Visetti , project lead and co-founder of Efforce said in a statement. The companies will then have more available cash to use for other critical projects such as infrastructure or hiring," Visetti said. AK: Steve, thank you so much for joining.

I want to kick off first with Fintech, since we are at Money, Fintech and money. What are the big trends for you in this space? Almost every single store I go to I just tap the watch and pay with a watch, no no hassle. Apple, Apple Pay is more of a transition. AK: And in line with that trend do you see companies like Apple and other large scaled technology firms actually starting to get more involved in financial services as we go through the years? Ones like, you know, Google and Apple and many others you know absolutely want to find any way that they can extend their prowess, their monopolies into other markets even and becoming a bank rather than just a service centre for banks to operate is probably big and attractive financially, and you need something very huge for those companies.

Apple And Facebook Banking? SW: I I see them trying to get into full-scale banking. Am I really getting service, you know, what I deserve out of these companies. You know you can even look to companies like Facebook and ask that question. But I was intending my comment to be regarded to a lot of banks to choose from and not just, you know, two or three or four major major players like, the tech industry always kind of thinks that way.

That to me says something about something that is natural and nature is more important than all our human conventions. Worried about Bitcoin AK: You previously mentioned that you bought bitcoin at around hundred dollars and then then sold it all because you were kind of tired of watching the price movement. Have you bought any more bitcoin since then at a higher price? SW: No, my point is I never invested in bitcoin.

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Watch the full interview with Apple co-founder Steve Wozniak

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Unfortunately, he eventually got tired of the extreme volatility and sold off almost all his BTC in early This quality makes it difficult to adopt cryptocurrency as a store of value, whether for long or short-term purposes. While some support his claims, others have shown frustration and are annoyed by what they deem a lack of critical thinking within the industry. Who is Steven Wozniak? Steve Wozniak, known in popular circles as Woz, is a Silicon Valley technology expert, icon and philanthropist and has been active in the tech industry for the last 40 years.

Along with Steve Jobs, he shaped the face of modern computing with the creation of Apple. Wozniak designed and developed the first line of Apple products including the Apple I in and Apple II in and played a significant part in the s — s personal computer revolution.

In , Wozniak took a break from the company due to trauma from a plane accident, leaving the development of the Apple Macintosh to Steve Jobs. In , he left Apple for good and went on to found CL 9, creating the first universal remote in the process in Since then, he has been an active contributor in tech, giving talks, and pursuing various philanthropic ventures. The tech guru is still active in the industry and has made several large strides since leaving Apple.

He recently created the Woz University in Arizona, 31 learning centers as well as a program that provides learning grants to students. He has also remained on the Apple employees list and still represents the company at events. He holds shares within the company and still receives an annual stipend. Final Thoughts One half of the Apple pioneer duo, Steve Wozniak has made a name for himself on the tech scene.

His latest opinion on cryptocurrency is one that paints it in a good light, irrespective of the negative parts associated with the market, such as high levels of volatility and theft. His comparison of Ethereum to Apple also gives further credibility to the vision that Ethereum founders have for their platform. Although Wozniak holds Bitcoin, he has made it clear that he is not an investor, just an industry participant. Maybe in the future, he will dabble in trade and experimentation again, just like he did before.

However, whether or not this happens, his positive outspokenness and open attitude towards cryptocurrency is enough to influence the industry positively. He is an individual filled with optimism and destined to be a billionaire in the future. His work ethic and dedication are second to none. Steve Jobs was the marketing person. I had no money [and] I had had no training. To raise the money they needed to build the first batch of the circuit boards, Wozniak sold his HP scientific calculator while Jobs sold his Volkswagen van.

The two decided on the name "Apple" shortly after Jobs returned from Oregon and told Wozniak about his time spent on an apple orchard there. Wozniak's apartment in San Jose was filled with monitors, electronic devices, and computer games that he had developed. Wozniak later said he had no idea about the relation between the number and the mark of the beast , and that he came up with the price because he liked "repeating digits".

In November , Jobs and Wozniak received substantial funding from a then-semi-retired Intel product marketing manager and engineer named Mike Markkula. Wozniak's Apple I was similar to the Altair , the first commercially available microcomputer, except the Apple I had no provision for internal expansion cards.

In contrast, the Apple I was a hobbyist machine. Apple's first computer lacked a case, power supply, keyboard, and display—all components that had to be provided by the user. Eventually about Apple I computers were produced in total.

Wozniak also designed the Disk II floppy disk drive , released in specifically for use with the Apple II series to replace the slower cassette tape storage. In , Apple went public to instant and significant financial profitability, making Jobs and Wozniak both millionaires.

According to Wozniak, the Apple III "had percent hardware failures", and that the primary reason for these failures was that the system was designed by Apple's marketing department, unlike Apple's previous engineering-driven projects. Later named the "Macintosh k", it would become the first mass-market personal computer featuring an integral graphical user interface and mouse. The Macintosh would also go on to introduce the desktop publishing industry with the addition of the Apple LaserWriter , the first laser printer to feature vector graphics.

Wozniak sustained severe face and head injuries, including losing a tooth, and also suffered for the following five weeks from anterograde amnesia , the inability to create new memories. He had no memory of the crash, and did not remember his name while in the hospital or the things he did for a time after he was released.

It was as if in his thirty-year old body he had regained the mind he'd had at eighteen before all the computer madness had begun. And when that happened, Woz found he had little interest in engineering or design. Rather, in an odd sort of way, he wanted to start over fresh. Initially intended to celebrate evolving technologies, the festivals ended up as a technology exposition and a rock festival as a combination of music, computers, television, and people.

After losing several million dollars on the festival, Wozniak stated that unless the event turned a profit, he would end his involvement with rock festivals and get back to designing computers. The Apple II division—other than Wozniak—was not invited to the Macintosh introduction event, and Wozniak was seen kicking the dirt in the parking lot.

He then sold most of his stock. Wozniak signs a Modbook at Macworld Expo in After his career at Apple, Wozniak founded CL 9 in , which developed and brought the first programmable universal remote control to market in , called the "CORE". Eventually, he did teach computer classes to children from the fifth through ninth grades, and teachers as well.

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Apple Co-Founder Steve Wozniak Doesn't Track AAPL

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