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Apple Co-Founder Teams Up with Investment Startup Equi

Apple Co-Founder Teams Up with Investment Startup Equi

in Bitcoin & Cryptocurrency published on 22, August 2018

The co-founder of Apple, Steve Wozniak, has previously said how highly he thinks of cryptocurrency and blockchain technology. But the celebrated entrepreneur and technologist hadn’t committed himself to any projects in the blockchain and cryptocurrency space. Until now.

Wozniak announced this week that he is working with a bitcoin investment startup, Equi Capital, the first such move in his career to date.

Discussing his involvement in the firm in an interview with Null Transaction, Wozniak said he was “amazed at the technology” behind cryptocurrencies like bitcoin.

He described Equi Capital as primarily an investment firm, which will help investors of all types purchase company equities through cryptocurrency, effectively filling the role of traditional investment companies.

“Our approach is not like a new currency, or something phony where an event will make it go up in value. It’s a share of stock, in a company. This company is doing investment by investors with huge track records in good investments in things like apartment buildings in Dubai. We have one person in our group who has listed out a whole apartment building for bitcoin.”

There were no specific details about Wozniak’s role in the company, but he did disclose the firm was considering a registration in Malta, a country which has emerged as a leading jurisdiction for cryptocurrency businesses on account of its crypto-friendly regulatory structures.

Addressing his optimism on bitcoin and blockchain more broadly, Wozniak said he was aware of countless development efforts and applications around bitcoin that all had “value”.

“I’ve encountered people working in real estate avenues, types of Uber systems, everything we’ve got in our life, especially involving transactions – retail sales, car sales, manufacturing of goods … working on bitcoin applications … and they all have value.”

The news is a significant vote of confidence for Equi, and will help boost the firm’s profile, after early difficulties since their launch, including a failed ICO which resulted in early backers being refunded.

It’s also a positive sign for the bitcoin community more generally, with Wozniak still highly respected for his work as an early technology pioneer with Apple.