Bitcoin Millionaire To Throw Punches For Charity

The tensions between Bitcoin supporters and traditional currency advocates have risen, as Erik Finman, the world’s youngest cryptocurrency millionaire challenged Jamie Dimon, the CEO of JP Morgan to a boxing match. The youngster is ready to enter the boxing ring with a 61 year old Wall Street business executive and raise $100,000 to help the victims of hurricanes in Puerto Rico!

Finman became a millionaire at 18 years old last June, thanks to a “small“ investment of $1,000 into BTC in May 2011. Over the years, the investment grew to a staggering amount, which allowed him to create his own startup. By selling his company in 2015 for 300 Bitcoins ($200 per unit), he started gathering cryptocurrencies, which eventually made him very rich. By the time he had collected 403 BTC, the price hit $2,710 for one coin.

As Jamie Dimon continues to criticize average cryptocurrency users, calling them “stupid,” “criminals” and “fraudsters,” Finman decided to exchange some words with the CEO and invited him to a boxing duel to raise funds for the natural disaster victims. He also reminded that Dimon has been accused of many financial crimes and that his ironic statements have no real value, as the market keeps going up. Even Uber drivers use cryptocurrencies, and a recent increase in regulations have only made all e-currencies stronger.

The young eccentric is not hiding his emotions when it comes to calling Wall Street people different names, but he also encourages a few who are embracing the cryptocurrencies. He believes that a boxing match is the only way to shut Dimon’s mouth about the Bitcoin, and promises to go easy on his opponent – without heavy knockouts in the first round. The tickets will be sold and donated to charity organizations, which could temporarily fix the image of the wary JP Morgan boss.

Finman still owns around 401 Bitcoins, as well as Ethereum and Litecoins. He is convinced that the blockchain technology is what the regulators and investors are after, and remains doubtful in terms of praising the currency, until the majority on Wall Street becomes aware of its full potential.

Source:

“Bitcoin Millionaire Erik Finman Challenges Jamie Dimon to a Boxing Match“, Jamie Redman, bitcoin.com, October 17, 2017.