"phony" is what Wozniak refered to when he spoke of the US dollar and the fact that companies could just print more and more.
The Woz said that he likes Bitcoin based on the fact that it is a currency that cannot be diluted down more and more (as BTC has a max supply of 21 million coins)
“There is a certain finite amount of bitcoin that can ever exist,” he said
SO WHY IS BITCOIN BETTER THAN GOLD???
Steve Wozniak said that Gold also does not have a fixed supply because as time goes on,people are going to find more efficient ways to mine it out of the Earth.
What are your thoughts?