In mid-2017, amid the near-peak of the most recent blockchain boom, Apple co-founder Steve Wozniak, not to be confused with the late Steve Jobs, divulged that he had purchased Bitcoin (BTC) at $700, quipping that he wanted to “experiment” with the asset and the decentralized economy/sector. While details were scant about Wozniak’s supposed experiments, the industry insider took to a public stage on Saturday to explain what has happened since he financially delved into this nascent sector.
Wozniak, the current chief scientist of Primary Data, explained at the Nordic Business Forum, an event located in Stockholm, explained that by the time Bitcoin surpassed the $20,000 milestone, he had enough, liquidating his holdings (he didn’t divulge if he bought more BTC after his initial $700 buy-in). In a Q&A with Seth Godin, Wozniak explained that when the cryptocurrency market exploded, he didn’t want to be “one of those people who watches and watches it and cares about the number.” He quipped that he doesn’t want to worry about BTC actively. In fact, he explained that one of his ways to achieve happiness is to mitigate worries, and selling his holdings was part of accomplishing that.