Apple co-founder Steve Wozniak has reportedly restated his previous pro attitude towards Bitcoin (BTC) claiming it to be “the only digital gold”, regardless of him not making investments in the coin currently. 

Specifically, Wozniak – an individual supporting Bitcoin vocally – reportedly mentioned the virtual coin as a “miracle of technology” and a “unique mathematical formula” during his remarks at Talent Land Digital 2021. 

The Apple co-founder has reportedly further expressed that Bitcoin is a more suitable option compared to gold, implying that the mining process for Bitcoin blocks can be carried out in a more simplified measure, compared to how gold is found and extracted. 

“Gold is limited and you have to look for it. Bitcoin is the most amazing mathematical miracle. I do not invest in Bitcoin, but I believe it’s here to stay.”

Several individuals and analysts in the sector have reportedly regarded Bitcoin as the “digital gold,” due to the limited nature of gold and Bitcoin’s supply, hence potentially maintaining value on the market. 

While gold is reportedly subjected to the restrictions of physical supply and hardships in extracting, Bitcoin mining is capped at 21 million coins by its source code, meaning that new Bitcoin will not be generated after the last coin is mined in 2140. 

Wozniak’s update reportedly surfaced not long after Ricardo Salinas Pliego – Mexico’s top three wealthiest individuals – claimed that it’s “absolutely right” to refer to Bitcoin as the new gold. 

“That’s totally right, Bitcoin is the new gold, but much more portable, transporting Bitcoin is so much easier than having gold bars in your pockets,” the billionaire businessman reportedly believed.