Apple (NASDAQ: AAPL) cofounder Steve Wozniak says he has recently sold all his Bitcoin (EXANTE: Bitcoin) holdings, Business Insider reported.
In the past, the technology entrepreneur disclosed that he had purchased the digital asset “out of curiosity” when a single coin cost $700 USD.
At that time he said: “I was just playing around trying out how to buy and sell stuff and I didn’t care I lost a ton of money, but now I’m way up.”
Wozniak then said he cashed out his holdings when Bitcoin hit its $20,000 milestone in December 2017.
“"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," Wozniak said in a Q&A with marketing guru and author Seth Godin.
Wozniak has never taken much interest in money matters — including trading Apple stocks. Last year, he compared Bitcoin to gold and the U.S. dollar, where he marked USD value as “phony”, as the government can always print more and more.
Additionally, he declared cryptocurrency to be even better than gold, as gold does not necessarily have a fixed supply. On the contrary, Bitcoin has a fixed supply of 21 million coins.