If 2017 saw the rise and fall of the cryptocurrency, it was also the year in which a newly minted class of super-rich emerged — individuals who through impeccable foresight, sheer luck or a combination of the two happened to buy in at the right time.
Amid talk of mania, the 1,000 per cent year-on-year returns produced a clutch of crypto-millionaires and billionaires seemingly overnight. “This has definitely changed my net worth a bit,” says Roger Ver, an early evangelist who has been promoting the cryptocurrency since it was valued at less than $1, earning him the nickname Bitcoin Jesus.
In 2012, when Erik Finman was 12 years old, he repurposed a $1,000 gift from his grandmother for his university fund to buy 100 bitcoin at roughly $10 each. Three years later, after a dramatic upswing in price, he dropped out of secondary school to trade cryptocurrencies, start a business and ultimately become a millionaire by the time he turned 18 last year.
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