The Man Who Picked Bitcoin In 2016 In the summer of 2016, a small-time investor and entrepreneur from Florida named Mike Novogratz made a prescient bet on Bitcoin. At the time, the digital currency was trading for around $600 per coin. Novogratz, however, believed that it was headed for much greater things. He decided to […]
Man Who Lost Half A Billion In Bitcoin
On January 5, 2018, a man who had lost half a billion dollars in bitcoin told the New York Times that he was not giving up. “I’m a Hodler,” he said, referencing a term for people who hold onto their bitcoin even when the value declines. The man, who asked to remain anonymous, said he […]
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What Happened Entire Town Went Crypto
In early 2018, the town of Plattsburgh, New York, USA, went completely crypto. What does this mean? Well, basically all transactions in the town – from paying for parking to buying a coffee – were conducted using Bitcoin or another cryptocurrency. The reason for this unusual move was a lack of access to traditional banking […]
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