The 22-year-old youngest Bitcoin millionaire has been convicted of a crime at the age of 25.
As one of the earliest bitcoin entrepreneurs, he has the highest “record” of successful business start-ups before graduating from college and developing the popular bitcoin exchange BitInstant. He also became the youngest millionaire on the Bitcoin rich list at the age of 22.
At the same time, he is also the youngest and first member of the community to be judged in the Bitcoin arena. He criticizes himself as Bitcoin "the first criminal". Charlie Shrem, the protagonist of today's story
Charlie started a website to buy and sell computers when he was in college, and that business led him to bitcoin early on. People with a small investment in the mainstream would have bought a lot of Bitcoin back then, but Charlie made a bigger decision!
He doesn't want to invest in bitcoin, he wants to be a bitcoin trading platform! So he persuaded many well-known traders at the time to create a bitcoin exchange called "BitInstant".
At one point, these startups accounted for 20-35% of the Bitcoin exchange market. Charlie became a victim of BitInstant at the same time he became famous for his BitInstant exchange.
According to the United States Drug Enforcement Agency, some people received bitcoins from BitInstance and traded them illegally on the internet, but Charlie knew about it and ignored the warnings. For many years in prison because of this. For this prison experience, he then came back to himself as Bitcoin "the first accused".
Even after the failure of traders and time to close, Charlie not only dashed his hopes for further development in Bitcoin, but also raised expectations for Bitcoin development. The first thing I did after leaving was to go back to my old business and continue to focus on the bitcoin investment market. I must say that almost half of his current income comes from his bitcoin investments.
Since its inception in 2009, Bitcoin has grown exponentially in 2017 and twice this year, allowing the public to see its huge growth and interest in the site. Bitcoin also went through a long period of lows, but it is undeniable that this does not affect people who start investing in Bitcoin.
It has been 11 years since Bitcoin was created. Bitcoin insiders such as Charlie, Changpeng Zhao, and Li Xiaolai with a long-term view have benefited from Bitcoin.
As Bitcoin becomes less mainstream in the future, I think it's still a good investment. If you are interested in investing, do it as soon as possible, and finally, good luck to you!
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