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From High School Dropout To Bitcoin Millionaire | CNBC 

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Erik Finman, bitcoin millionaire, discusses his strategy for buying bitcoin.
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From High School Dropout To Bitcoin Millionaire | CNBC

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7 авг 2024

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Комментарии : 440   
@Junaid-khattak
@Junaid-khattak 3 года назад
His worth must be $17million if he didn’t sell any of them 😂
@mattttt5823
@mattttt5823 3 года назад
I bet he kept buying
@jamesmann4983
@jamesmann4983 3 года назад
@@mattttt5823 im jealous man 55k a coin. I used to do bitcoin mining in 2013 but i forgot all the sites and passwords, i was 11 in 2013 but i think i had a little more than 1 coin all together
@Techshadowzz
@Techshadowzz 3 года назад
@@jamesmann4983 just search through all the old mining sites and use every possible password you can think of, also see if you wrote them down or if there is a forgot password button and then maybe give me 1k lmao jk
@ayanokoji5594
@ayanokoji5594 3 года назад
@@jamesmann4983 bruh how do u guys forget passwords for the sites you use for earning money
@spg9392
@spg9392 6 лет назад
old guy with "ENVY and JEALOUSY" written all over his face
@CryptoClass
@CryptoClass 6 лет назад
It is a bubble. But since it's currently in space. No force to bring it down :).
@rizyrozaytheboss8516
@rizyrozaytheboss8516 6 лет назад
i was bout to say the same thing
@zacharybowers1
@zacharybowers1 6 лет назад
Well, he's already got a great start. I mean really. As long as he doesn't get addicted to cocaine and prostitutes... I'm sure in 10 or 15 years the kid will be fine..
@fahril96
@fahril96 3 года назад
true
@thejoker7477
@thejoker7477 3 года назад
Old guy is humanities problems
@TheModernInvestor
@TheModernInvestor 6 лет назад
Lmao that old guy is SALTY, you better believe he would never ask a stock investor what they would do if Amazon was banned by world governments. Have a seat dude.
@randallherold8806
@randallherold8806 6 лет назад
My 26 year old son got us into cryptocurrency. I resisted for FAR too long! Why, because I guess we suffer from TMB. Every single person I know over 30 seems to really struggle to understand what it even is.
@Hakeem597
@Hakeem597 6 лет назад
Heck yeah he is salty...LMBO
@leoandsonpaintings3087
@leoandsonpaintings3087 6 лет назад
Yeah. That guy is being consumed by jealousy. Lol
@andream.464
@andream.464 6 лет назад
God bless your son! He will take care of your old days, don't worry! It's just a matter of wanting to learn or not. At 50, I had a chance to look into this crypto stuff and I'm now an investor, a miner and founding partner of an ICO project.
@raindogs451
@raindogs451 3 года назад
Stock investor and speculator are 2 different things
@Chazilla3000
@Chazilla3000 4 года назад
What I hear from this kid: “I put a few dollars into something that sounded really cool and that my parents didn’t really understand. Now I’m rich!”
@rugu9719
@rugu9719 4 года назад
Contact Spark_3ord pro hacker funded my wallet with 12btc
@The-Showdown
@The-Showdown 2 года назад
going to be me in 2-3 months
@lG22209
@lG22209 2 года назад
@@The-Showdown how’s that going😂😂
@Graphics_Card
@Graphics_Card Год назад
@@lG22209 lol I think he’s gone.
@mj_1958
@mj_1958 Год назад
Same here bro my parents think that "I'm dreaming" about investing
@diesel3516
@diesel3516 6 лет назад
LMAO that old guy is so salty that this kid made millions in his teens
@raukoring
@raukoring 6 лет назад
he did not made millions unless he cashes out you cant call him a millionaire
@diesel3516
@diesel3516 6 лет назад
raukoring lmaoo but he has over a million dollars in assets in his possession therefore making his net worth over a million dollars
@nashoba5450
@nashoba5450 6 лет назад
I play videogames and do some crypto trading, how is what you say accurate? I know a lot of people like me.
@user-zc8sq3wr9f
@user-zc8sq3wr9f 4 года назад
Don Jon probably somewhere in his mansion?
@tarikarouiya5200
@tarikarouiya5200 3 года назад
the kid put the man on his place
@joeparker2725
@joeparker2725 6 лет назад
He received $1000 from his grandmother when he was 12, bought bitcoins and kept it. There is a lot of millionaire high school kids today thanks to bitcoin. Stop treating them as if they were some financial experts because they are not! Yes, they made a good decision few years ago (well, a 12 year did not spend it on silk road lol), and that's all. No strategies or speculations here. I've seen some of these kids donating ridiculous amount of money (I've seen $100.000) to twitch streamers, because they liked the minecraft videos...
@marcreagan940
@marcreagan940 6 лет назад
I've had many investments increase 10x and let me tell you it is almost impossible to hold that. Do you have any idea how hard it must have been to hold from 1000 down to 150. This kid really is a true believer and programmer who understands the tech.
@aksa706
@aksa706 6 лет назад
Yea try having 100k go to 10k. Try putting 1k in and not selling at 50k or even juat 5k. These kids definetely got lucky that they heard about it, but to actually do research about it, take action and actually buy it and then hold on to it, is not luck. I can tell you about XRB and IOTA. Now you are lucky. Will you do research and take action? I doubt it.
@arraikcruor6407
@arraikcruor6407 6 лет назад
What about Verge, Tron, Menero and Cardano?
@joeparker2725
@joeparker2725 6 лет назад
He made a deal with his parents that if he will be a millionaire until he is 18 then he don't have to go to college. I'm sure he was pretty motivated as a kid and wasn't that hard for him to don't touch his btc until his 18. And I already know about all the altcoins, I did my research and took action but thx for trying to make me lucky. Merry xmas.
@arraikcruor6407
@arraikcruor6407 6 лет назад
Which alt coins you invested in?
@ryanchen9010
@ryanchen9010 4 года назад
lol i saw a old envy guy get roasted by a rich kid
@cuetheplanesound8110
@cuetheplanesound8110 6 лет назад
Old folks. Listen to the children
@Discounted
@Discounted 6 лет назад
TheBigGuy3380 Choosing the survivors out of all of the cryptos isnt really luck. That requires serious research.
@osamabinladen824
@osamabinladen824 5 лет назад
Hahahahahaha
@CorruptArkangel
@CorruptArkangel 3 года назад
Plot twist: he’s Marty McFly and knew to invest early
@cryptotd3799
@cryptotd3799 3 года назад
(+2)(3)(4)(9)(0)(2)(7)(3)(5)(0)(6)(6)(8)
@Spencer-oi5xx
@Spencer-oi5xx 4 года назад
The second guy is so jealous and somehow condescending to this kid lmfao
@josefrancis5896
@josefrancis5896 3 года назад
Hello I'm new to bitcoin trade and i have been making few loses, but recently i see a lot of people earning from it , can someone please give me a new strategy or at least tell me what I'm doing wrong?
@alexbrandon9956
@alexbrandon9956 3 года назад
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
@andykent758
@andykent758 3 года назад
That's true most people today have been having a lot of failures in forex and crypto sector because of poor orientation and bad experts
@angelabella5577
@angelabella5577 3 года назад
I have been seeing so many recommendations about olivia tracy on Instagram and telegram trending, her strategy must be good for people to talk about her
@raymonddennis7179
@raymonddennis7179 3 года назад
@@angelabella5577 I did invest with her and I made huge profits
@maxdwayne9973
@maxdwayne9973 3 года назад
I saw the recommendation but I didn't bother chatting her up I keep loosing teally i still don't understand how the forex market works tho
@paoloangelino24
@paoloangelino24 2 года назад
Who else is watching this now that Bitcoin is around $60,000? His net worth must've balooned!
@redle1988
@redle1988 6 лет назад
That was surprisingly a very informative interview
@ethrecoin8452
@ethrecoin8452 6 лет назад
Well done dude.
@elchapo2586
@elchapo2586 6 лет назад
Erik u are my man ! I Love crypto and we are the future together
@hitchhiker8798
@hitchhiker8798 6 лет назад
lol
@Moriningland
@Moriningland 4 года назад
If bitcoin were banned, we would just continue to hodl it on our hardware wallets until it was inevitably legal again. Gold was illegal at one point in the USA as well
@James-jc8sd
@James-jc8sd 2 года назад
If I was him, and had made millions, and really believed it was going to be the future (meaning the value of bitcoin will inevitably increase) I'd still cash out the vast majority as money in my bank account, which can't decrease or disappear if bitcoin suddenly goes bust. And then put a small amount bank in to the cryotocurrency and let it continue to build again like it did first time around.
@Tyrantking7
@Tyrantking7 3 года назад
Old guy is salty asf!!
@archanarouth4795
@archanarouth4795 Год назад
I love to see this interview.its inspired other people also.
@tapio_m6861
@tapio_m6861 4 года назад
*Next up, we talk to a powerball winner.* "Yes, I believe it was a sound decision to invest in that powerball ticket. Look at me, I made millions!"
@ki123-0
@ki123-0 2 года назад
Universe was looking out … fortune favors the brave
@lorissantarsiero5849
@lorissantarsiero5849 3 года назад
I wish my parents would've listened back then and invested 5000 straight. Like of course put some money aside and invest it. That money could've jumped up 5 times
@aaryanpahuja2991
@aaryanpahuja2991 3 года назад
Yup! bro generation gap is real.
@emmasharma4428
@emmasharma4428 6 лет назад
Hey guys, do any have idea about Nautics? How Nautics works?
@sewaseem
@sewaseem 6 лет назад
Did he dodge his taxes?
@TabsT-vy5jy
@TabsT-vy5jy 6 лет назад
so many times you hear "from high school dropout".. Theres a theme here.
@Xtrendence
@Xtrendence 6 лет назад
I think it just proves that while college is useful for the average person, there's often a whole other area to explore where the success and wealth is. Wealth that can be acquired without a formal college education. I don't understand why people keep pointing out how articulate the guy is either. I'm 18 and haven't gone to university yet and I firmly believe that it won't improve my written or spoken language in any way, shape or form. In my point of view, college just helps you learn more about the career path you're interested in more than anything, ergo if this guy is already a millionaire, be it due to luck or his knowledge about the financial and economic system while he was 12, then he doesn't really need a job, hence making college completely useless. Unless he wants to learn and study business, in which case I think it'd be a wise choice as he'd learn even more about how to invest his money after he cashes out of BTC.
@geo9994
@geo9994 4 года назад
The school system won't get you rich, doing your own thing with success gets you rich. School dropouts start out working on their life very early while the average guy goes school college university then needs to quickly find a job because he's become an adult and needs to have a car house and wife and he feels there's no time to try new things and take risks to see if success comes out of those risks because thats a long process.
@mr.eggplant866
@mr.eggplant866 6 лет назад
Good for him. The old guy's a swamp dweller.
@Theredrain6
@Theredrain6 2 года назад
he's not old
@TheKickboxingCommunity
@TheKickboxingCommunity 4 года назад
Old guy is basically a boomer
@RideOrangeKTM
@RideOrangeKTM 4 года назад
Smart young man
@isabellaalan5963
@isabellaalan5963 3 года назад
Hello what's the best way to get started with trade cos I've been making my personal research for a while now
@adanvivero702
@adanvivero702 3 года назад
He was right
@conradopanganjr.818
@conradopanganjr.818 3 года назад
I love to see to interview him again!!!: )
@cryptotd3799
@cryptotd3799 3 года назад
(+2)(3)(4)(9)(0)(2)(7)(3)(5)(0)(6)(6)(8)
@martinafghahi
@martinafghahi 2 года назад
Me too, 4 years have gone.
@lordhumongus8669
@lordhumongus8669 5 лет назад
I got 20 what are they going for today?
@evadesc
@evadesc 6 лет назад
What made him invest so early? What type of analysis does one do to id a potential bubble like bitcoin in 2011 to get massive returns?
@emmafuentesbaltazar8801
@emmafuentesbaltazar8801 2 года назад
Thank you so much godbless
@noname-zt9wt
@noname-zt9wt 6 лет назад
18 Year Old boy buys bitcoin and becomes a millionaire because of appreciation. Instant techgeek, Investment advisor, great entrepreneur and selfmade man. Wow!
@noname-zt9wt
@noname-zt9wt 6 лет назад
wears three-piece suit because wallstreeter as well
@TimetoWatch247
@TimetoWatch247 3 года назад
This kid looks like he woke up, realized he was rich, and then put on Bill Gates' clothes from 1980
@cryptotd3799
@cryptotd3799 3 года назад
(+2)(3)(4)(9)(0)(2)(7)(3)(5)(0)(6)(6)(8)
@Grizzlyx9
@Grizzlyx9 2 года назад
kids giving me scammers vibe
@christophersteiner4863
@christophersteiner4863 6 лет назад
“Fooled By Randomness”
@austinlan7656
@austinlan7656 3 года назад
Hello have you ever invest on bitcoin crypto currency
@ZEROELPOETA
@ZEROELPOETA 6 лет назад
Tosh.0 Web Redemption happening next week!
@mikeanderson3811
@mikeanderson3811 6 лет назад
that statement about multiplying by ten is a great word of wisdom
@Xtrendence
@Xtrendence 6 лет назад
I know right? Every time I go to sell a crypto, be it BTC, BCH, ETH, IOTA, ETN etc. I always think in the back of my mind "Yes, I could sell it now for a profit, but that profit would mean nothing if the coin is up 500% in half a year."
@babasera4981
@babasera4981 6 лет назад
nice
@Scyber_Official
@Scyber_Official 6 лет назад
This kid is smart because he's in the long rum
@MemoryLane77852
@MemoryLane77852 5 лет назад
Now he’s moved back home and is earning a GED.
@MemoryLane77852
@MemoryLane77852 5 лет назад
Jason Gallant for your info, Bitcoin is at $3500 and he had spent some of his coins for his living expenses. He more likely have about 1.2 million and not the 2.4 you mentioned.
@lycan2494
@lycan2494 5 лет назад
@@MemoryLane77852 btc is at nearly 8k now he doubled it back to 2.4
@teemumiettinen7250
@teemumiettinen7250 3 года назад
@@MemoryLane77852 for your info, bitcoin is now +$19,000.
@MemoryLane77852
@MemoryLane77852 3 года назад
@@teemumiettinen7250 pump n dump
@jessicastempel2833
@jessicastempel2833 3 года назад
Lol stupid hater now it’s at 40,000
@satan9934
@satan9934 3 года назад
This kids probably rollin in it now adays.
@robottrainer
@robottrainer 6 лет назад
did he sell into fiat? if no, good luck.
@fannys941
@fannys941 3 года назад
Smart young man!
@redrust3
@redrust3 6 лет назад
Bitcoin value is now just under $7000. I've heard one so called expert claimed that the value may go up to $60,000 by the end of the year. That would be a 10 fold increase, for no apparent increase in value. Basically, this is speculation to the extreme.
@theluckyreviewerchannel9546
@theluckyreviewerchannel9546 3 года назад
Is it extreme now?
@Hboogie182
@Hboogie182 2 года назад
Bitcoin will be worth $100k soon. It'll shoot up to $500k in the next halving cycle in 2024. It's not speculation, it's predictable at this point. Just look at the stock to flow model and the historic annualized return. Bitcoin has been doing an average of 200% annual return for the last 13 years. In comparison, stocks, gold, and real estate have been averaging 10%. They weren't kidding when they said Bitcoin is the best performing asset.
@redrust3
@redrust3 2 года назад
@@Hboogie182 that’s an interesting thought. Last time it reached about $60,000, then dropped to something like $30,000. It rolls again to just over $60,000, may be peeking around $64,000. I think it dropped again to $57,000. No apparent reason, just inertia. Make believe money. Good luck with that.
@Hboogie182
@Hboogie182 2 года назад
@@redrust3 Ignore short term volatility. Pay more attention to YTD return. As of this moment BTC is up 201% despite volatility. That means if you had dollar cost averaged since the beginning of this year, you would've doubled your investment. Assuming Bitcoin does another 200% next year then your initial investment would compound year after year. I would recommend listening to Michael Saylor explain why bitcoin is the apex asset.
@RAWPOWER008
@RAWPOWER008 2 года назад
Well it did happen in 2021
@mgover77
@mgover77 3 месяца назад
The kid's worth $24,060,000 today if he's still hodl'ing (as of April 2024).
@josef1049
@josef1049 3 года назад
good job
@cryptotd3799
@cryptotd3799 3 года назад
(+2)(3)(4)(9)(0)(2)(7)(3)(5)(0)(6)(6)(8)
@MH-ru8he
@MH-ru8he 6 лет назад
Do we ask lottery winners wisdom from winning the lottery because that's what they're doing when they consult this kid who got lucky. Him saying it's a great time to buy bitcoin today at $18k a coin is absurd, no caution and concern at all from the parabolic growth the coin has had this year. He may be rich, but it's luck, and he hasn't experienced a down market. Everyone is a genius in an up market.
@Discounted
@Discounted 6 лет назад
Stone H HE HELD THROUGH THE $1300 TO $120 DOLLAR DROP. THE MTGOX COLLAPSE THE SILK ROAD SHUTTING DOWN. ARE U ACTUALLY JOKING RIGHT NOW
@MH-ru8he
@MH-ru8he 6 лет назад
Joep are you joking right now? Bitcoin was at $18k when I commented and it's now around $8-9k.. If someone would have taken his advice to invest at $18k, they'd be down 50%..
@chris0000924
@chris0000924 6 лет назад
Using central banking terms to prove a point means you don't even know what Bitcoin is. Hence you didn't buy in it in 2012 when the kid bought in. Fyi it's still up 1000% for the year
@MH-ru8he
@MH-ru8he 6 лет назад
Abba Okoro trying to insult me because you have no valid argument won't change the fact that bitcoin has dropped from $19,000 when this video was released to $6000 at the time of me replying to you. The person who took this kid's advice and bought at $19000 is sitting on a loss of almost 70%.
@chris0000924
@chris0000924 6 лет назад
Stone H >Refuses to refute my first point. It crashed multiple times before rallying. Why are you thinking short term? It's still up 800% for the year fyi
@eternalzoom5039
@eternalzoom5039 4 года назад
lol and now another round of ripping has come. Raise my glass to the Crypto Community hodling through the struggle. Another round of new Crypto millionaires and billionaires has come. See you at the Crypto Castles in 2022-2023 Erik.
@phochwar8842
@phochwar8842 2 года назад
wow amazing
@mikeharty4536
@mikeharty4536 6 лет назад
I have no idea what his cost basis is in the coin but it would be foolish to not unload some if not all of an investment following a gain of many thousands of times your money. Ask the litecoin founder who dumped all his holdings. By holding on he's essentially betting that he will right in the future based on being extraordinarily lucky in the past. This is very faulty thinking.
@Scyber_Official
@Scyber_Official 3 года назад
Cryptocurrencies are simply 'stocks for kids' - think about it.... Someone in a business meeting came up with the idea because they realized the newer generations (millennials & zoomers) like video games and not "odd" stocks - like McDonalds or Nike. They came up with "coins" - like the ones in Super Mario - because kids can't relate to real stocks. They rolled out Bitcoin (btc) as a test to see if kids would actually use them - and they did - and the price skyrocketed thanks to internet culture. 5 years later they rolled out the "REAL" bitcoin - Ethereum - which is based on "ether" - the "Oil" of the internet & blockchain technology. Ether is needed to create anything that's based online - websites, apps, cryptocurrencies, as so forth. Ethereum is the REAL money of the internet. Bitcoin only helped establish and initialize the value of what cryptocurrencies could eventually be - and now is the base standard.
@Theredrain6
@Theredrain6 2 года назад
what makes u think this?
@wyswygsommer2769
@wyswygsommer2769 3 года назад
He is a smart kid.
@cryptotd3799
@cryptotd3799 3 года назад
(+2)(3)(4)(9)(0)(2)(7)(3)(5)(0)(6)(6)(8)
@hodlcro4dlife661
@hodlcro4dlife661 3 года назад
Bitcoin moving on up🚀 📈
@cooperacademy5299
@cooperacademy5299 3 года назад
Contact on whatssap for more Clarification +~1~2~1~3~9~9~2~6~6~1~3
@spectre4962
@spectre4962 6 лет назад
if you want become a millionaire! just wait to be drafted in NBA
@Idkjustateststtt
@Idkjustateststtt 6 лет назад
Not hating on the kid and good for him what he did but let’s not pretend this is not about luck. Nobody knew that bitcoins will reach this high. He had the chance to buy and took it not knowing that they will reach this point. Stop treating these people like financial experts. Investing in bitcoins back then was like investing in a new business that just opened. You may win or you may lose
@Discounted
@Discounted 6 лет назад
Eddie R I wouldn't really saying holding onto those bitcoins during the collapse of mt.gox collapse of silk road and tons and tons more crashes is really anywhere near luck tbh.
@foresterforester763
@foresterforester763 3 года назад
that old guy sounds jealous...
@EvilZeroSc
@EvilZeroSc 6 лет назад
I think it’s safe to say at this point it doesn’t matter if your diversified. When bitcoin goes down, they all go down...never seen anything like it
@Hboogie182
@Hboogie182 2 года назад
This kid is worth $24 million now.
@MynamedidntFitDonkey
@MynamedidntFitDonkey 6 лет назад
Excuse me but what qualifications does have?didn't finish school,didn't go to college or university,can he actually do anything other than buy bitcoins?How is chasing money a virtue?Are these todays role models now
@glossygloss472
@glossygloss472 6 лет назад
He’s more successful than you’ll ever be..
@MynamedidntFitDonkey
@MynamedidntFitDonkey 6 лет назад
more succesful than me money wise sure,more sucesful as whole I would argue
@TheFreshspidey
@TheFreshspidey 6 лет назад
People go to school to get those qualifications to earn money. He already earned more than what most scholars will ever earn in their life. He can learn on his own free-will now :p
@JoeBidenFanclub99
@JoeBidenFanclub99 5 лет назад
Antoine le False Appeal to authority
@invaderz1919
@invaderz1919 5 лет назад
congratulations "I guess" 😭
@thamikabbaj6208
@thamikabbaj6208 3 года назад
+ 1....5....0...8...3...0...1....4..9....8...1
@btvbrndn
@btvbrndn 6 лет назад
Except the government isn’t involved with bitcoin. People make transactions with each other
@Needlestitch
@Needlestitch 6 лет назад
Comes down to me as: Honest young guy explaining older people that they have been following a corrupt system all their lives. Great!
@kassiba
@kassiba 6 лет назад
Good Lord, that shirt. Proof that money does not buy good taste or education.
@Discounted
@Discounted 6 лет назад
kassiba why should the wealth care abou what the others think?
@kassiba
@kassiba 6 лет назад
Because we are a social species, and wealth only exists in relation to others
@Discounted
@Discounted 6 лет назад
kassiba lol k
@MajidWealthmentor
@MajidWealthmentor 3 года назад
2021
@brendanm4179
@brendanm4179 3 года назад
Damn.. that 401 bitcoin now worth 22 million!!
@boobaboopi8414
@boobaboopi8414 2 года назад
You wont see the second guy in the left again. Lol.
@2020Bookworm
@2020Bookworm 5 лет назад
After going to the media and telling people that he;s a teenage bitcoin millionaire, I hope he bought himself a paper shredder.Who knows if somebody decides to rumble through his trash.
@RomanEcheveria
@RomanEcheveria 2 года назад
I hope he's still holding
@julietkeily5306
@julietkeily5306 3 года назад
This is really good to be true I never expected my bitcoin withdrawal from luiz today.
@julietkeily5306
@julietkeily5306 3 года назад
Thanks Luiz .+1.8.0.3.5.6.6.0.6.9.7.
@thomasmorris1259
@thomasmorris1259 4 года назад
Trading with Princewill Brown has been the best
@climbaron3798
@climbaron3798 4 года назад
After several winnings with Princewill Brown Trading , i can boldly say investing in crypto is profitable if you have the winning strategy
@lawsondarlington6064
@lawsondarlington6064 4 года назад
Indeed Princewill Brown is one of the best traders in the crypto world, I have made so much profits from trading with his recommended strategy and now I have recently made over 4 btc?
@bitjark6539
@bitjark6539 4 года назад
I live in Dubai, His strategies are superb and always gives accurate results,having him trade for me has really elevated me financially. I remember my first investment of $2k and he made me $6,700 just after 9 days of trading. Having Princewill trade for me is still the best investment i made this year.
@bobbybilly7076
@bobbybilly7076 4 года назад
Oh my days! I'm stunned.Thrilling to meet other students of Princewill what a great mentor
@thomasmorris1259
@thomasmorris1259 4 года назад
@Lily Peterson
@DavidGr33nx
@DavidGr33nx 3 года назад
It is impossible that every gov around the world to ban cryptocurrency. Every gov now know that they can make money out of it by taxing on the people who are earning from capital gain tax. If majority of the countries decide to ban, the minority countries will take advantage of these and allow foreigners to open acc in a foreign country and trade crypto at a lower rate. The real question is what will happen to the current government if majority population around the world decides to vote for a new party that allows cryptocurrency?
@thomasstewart2870
@thomasstewart2870 6 лет назад
“Become it’s own currency” right. This guy has no clue with economics. Fiat currency has only survived so long BECAUSE of strict government oversight to minimize inflation and volatility. Bitcoin doesn’t have that. Even considered, look at the denairus in Ancient Rome or the fiat currency in old China: hyperinflation and collapse. Bitcoin has no future as a currency, none that lasts for long at least.
@bongoharvs1262
@bongoharvs1262 6 лет назад
Thomas Stewart I mean the dollar is one of the biggest scams and still here
@robertmontague2225
@robertmontague2225 4 года назад
Every fiat currency in history has also failed,the difference now is they have the whole world tapped into it so the confidence currency game continues an that's all it is legalised counterfeiting
@nelsonraley
@nelsonraley 4 года назад
DECEMBER 18TH PUBLISH DATE KEKW
@sleepingsound7935
@sleepingsound7935 6 лет назад
when i say to my mom can i do this she say is fake no money for me
@BlakeAlexander12
@BlakeAlexander12 3 года назад
I bet he really regrets selling any/those 2 back then ...heck, 3 months later, bitcoin doubled ...and now has almost 6x’d since then
@manning8
@manning8 3 года назад
The dropout sounds smarter than the CNBC clowns
@jaredcollins6900
@jaredcollins6900 4 года назад
Step 1: buy bitcoin Step 2: ?????? Step 3: Profit
@HH-tp1dc
@HH-tp1dc 3 года назад
S T O N K S
@JO-mg6xc
@JO-mg6xc 3 года назад
One thing I know, no one who gets rich on crypo cashes in in crypto. They cash in dollars and retire... Is that telling?
@ExtremeZ8
@ExtremeZ8 5 лет назад
Bubble ends
@multicentral7755
@multicentral7755 3 года назад
hey man guy from future 60K
@waltera.1958
@waltera.1958 5 лет назад
jesus! the old guy has a lot of bull to say.
@guillermocalvillo3102
@guillermocalvillo3102 6 лет назад
is this crypto nick
@desh21000
@desh21000 3 года назад
🙌🙌
@jhamiltonsmythe
@jhamiltonsmythe 6 лет назад
Is that a false nose like Pinocchios?
@cybercab
@cybercab 6 лет назад
Lucky kid had zero real insight to economics.
@Discounted
@Discounted 6 лет назад
cybercab g R I wouldn't really saying holding onto those bitcoins during the collapse of mt.gox collapse of silk road and tons and tons more crashes is really anywhere near luck tbh.
@cybercab
@cybercab 6 лет назад
Joep That’s True. I suspect this time may be different. Or eventually it will be. The other collapses were based on hacks on brokers and not on the fundamental problems with BlockChain. When that crash comes there is no fix. I suppose only time will tell
@jaimejared4239
@jaimejared4239 6 лет назад
I need bitcoin help
@digitalbread4574
@digitalbread4574 6 лет назад
Trap Music Enthusiast what do you need help with??
@808zhu
@808zhu 6 лет назад
Trap Music Enthusiast There's about a million wolves waiting to help you.
@CryptoRootz
@CryptoRootz 6 лет назад
bitcoinbycredit.com
@mungojelly
@mungojelly 6 лет назад
if you get a Bitcoin Cash wallet then i can send you a few cents worth
@gersogans1610
@gersogans1610 3 года назад
I hope he doesn’t sell them 💀
@cryptotd3799
@cryptotd3799 3 года назад
(+2)(3)(4)(9)(0)(2)(7)(3)(5)(0)(6)(6)(8)
@driver55
@driver55 4 года назад
Beautiful reply to ignorant questions like, what if it’s banned or what if it crashes to zero? These two questions alone clearly show their complete ignorance in what the technology is & does. I bet today these two foolios lips are stapled shut with how many so called financial gurus now have had to swallow their anti Bitcoin comments.
@highrisktrader53
@highrisktrader53 6 лет назад
If you missed bitcoin. then buy Verge NOW!!! haha
@Discounted
@Discounted 6 лет назад
Happy Gaman verges market cap is already super high. If u really want to become a millionaire u need to look at smaller coins.
@bz6606
@bz6606 6 лет назад
Bitcoin is as much a currency as esports is a sport
@hex-dot-com1207
@hex-dot-com1207 4 года назад
HEX could return a 10,000x profit. Bitcoin can't.
@andreaslilloheatermans7246
@andreaslilloheatermans7246 6 лет назад
huh, hows that working out for ya?
@CelonixCleaningServicesLLC
@CelonixCleaningServicesLLC 5 лет назад
Lillo Trading bitcoin is back up past $10,000 again and was almost at $14,000 a couple weeks ago. Lmao
@Larrygreenn
@Larrygreenn 3 года назад
$54,000
@reececharlton
@reececharlton 3 года назад
this comment aged well
@silvertooth109
@silvertooth109 4 года назад
2 years after still no threat..ok ill buy bitcoin
@austinlan7656
@austinlan7656 3 года назад
Hello have you ever invest on bitcoin crypto currency
@jayway.
@jayway. 4 года назад
Old dinosaur said I guess congrats you made all that money . Pure hate displaying right before our eyes
@thanchau4249
@thanchau4249 5 лет назад
This boy had a brain injury. On this CNBC interview are completely positive about bitcoin revolution but on the video with his hair highlights yellow. He said bitcoin are scam and bitcoin will destroy. He think he a genius
@alexandrete835
@alexandrete835 6 лет назад
Congrats for his performance; that being said, the financial world is not optimal partly because it is possible to become rich like this without having any economic value added. I'd be happier seing farmers becoming rich because they found some ways of preserving soil qualities and accelerating crops in areas such as Africo. But not instead, there is more chances that teenagers invest in stuff they do not even know the technical limits who become rich; When this happen, you know the "value sense" of our financial system & people is not optimal
@psychedelicvalentineinfini2194
@psychedelicvalentineinfini2194 4 года назад
Someday in the not too Distant Future i Valentine Espiricueta IV Fourth will become even more richer than Erik Finman with the use of white Magik & the Help of Necronomicon Spells
@dvgains2740
@dvgains2740 3 года назад
he would now have over 16million dollars
@Hboogie182
@Hboogie182 2 года назад
He's now worth $24million. He'll be worth $40million once Bitcoin hits $100k per coin.
@CRJTrades
@CRJTrades 4 года назад
Bitcoin is a test use xrp
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