Ron Wayne, who famously sold his share of Apple for $800 12 days after the company was founded, told Bloomberg today he opts for using a Tracphone these days, not an iPhone or other smartphone. He then goes into an explanation of what exactly a Tracphone is (you could call it a burner phone) and says he’ll buy gold with the money he makes from the upcoming auction of some of his Apple possessions. He also talked about how he was in his 40s while Jobs and Woz were in their 20s when Apple was founded, partly reason for his departure. Watch the clip above for Wayne’s appearance. Wayne, 80, also said at his age he’s not interested in the upcoming Apple Watch.