Steve Wozniak sold all his Bitcoin as a result of a barrage of hype around its price, the Apple co-founder told an audience at Nordic Business Forum in Stockholm this week.
He bought into the cryptocurrency when one coin sold for $700: “I wanted to experiment with it…When it shot up high, I said I don’t want to be one of those people who watches and watches it and cares about the number. I don’t want that kind of care in my life. Part of my happiness is not to have worries, so I sold it all and just got rid of it.”
In October of last year, Wozniak was announced as co-founder of EQUI Global, a blockchain-powered venture capital fund, lining up alongside founder Doug Barrowman and co-founder Baroness Michelle Mone.
“I get ideas pitched to me every single day in fact dozens and I always say no. Since I co-founded Apple with Steve Jobs, this is about the second time in 20 years that I actually said yes,” Wozniak said. “I want to be a part of this. It has to be something I really believe in and I really believe in EQUI.”
He is heading up technology investments. “We’ve already got over 20 businesses that we are looking at and we haven’t even officially launched yet. It’s going to be very exciting. Ultimately, our mission is to seek, support and fund the blockchain and tech stars of tomorrow,” he commented.
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