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Software

10/30/2017 / By Ethan Huff

Bitcoin comments prove Steve Wozniak doesn’t understand risk: No cryptocurrency is truly legitimate if the underlying source code can be changed

Because of its limited supply with a market cap of 21 million “coins,” the popular cryptocurrency Bitcoin is superior to both Federal Reserve Notes and gold, says Apple co-founder Steve Wozniak. The mathematician-turned-tech guru is insistent that tampering with the Bitcoin supply is impossible, thus making it preferable to fiat currencies that can be printed […]

08/17/2017 / By Ethan Huff

Reality check: Bitcoin isn’t governed by the “laws of mathematics” … it can be altered at any time by greed-driven software developers

There’s this notion going around that, even though the popular online cryptocurrency Bitcoin isn’t necessarily backed by anything of tangible value, that it still has reliability because it’s only available in limited quantities thanks to built-in limits to its mining potential. But tech entrepreneur and cryptocurrency enthusiast Kevin Lawton says this is a myth, warning […]

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