The youngest cryptomillionaire in the world for the 334th time buried Bitcoin

To date, according to 99bitcoins , Bitcoin has "died" already 334 times. It is noteworthy that the author of the last “obituary” was the youngest cryptomillionaire in the world, Eric Finman, who once made a good state in cryptocurrency.

As BlockchainJournal wrote earlier, in 2012, Eric Finman invested a thousand dollars donated to him by his beloved grandmother in a little-known then bitcoin, and in January 2014 he sold coins for $ 100,000.

In the same year, he launched his own business, founded a tutoring service via the Internet with the video chat Botangle, hiring 20 employees – programmers, designers and animators. Later he launched a crowdfunding campaign on Indiegogo, starting a fundraiser for the production of Marvel virtual reality helmets that are compatible with Android phones.

By the end of 2018, Finman’s fortune was already estimated at $ 4 million, thanks to which he even won an argument from his parents – Eric was promised that if he succeeds in becoming a millionaire before the age of 18, he will be allowed not to go to college.

And although he owes it to Bitcoin for his current success, recently, in an interview with Marketwatch, Eric Finman said that the main cryptocurrency is no longer possible.

“Bitcoin is dead, it is too fragmented. There are a lot of internal conflicts, I do not think that all this will last too long. There may be one or two more rallies, but in the long run it is dead, ”he said.

Moreover, Finman called dead Litecoin, which since December last year has fallen in price by more than 95%, returning to the values of May 2018.

“Litecoin has been dead for some time. It’s like the sunset, when it’s still eight minutes before total darkness, ”he said.

According to Finman, cryptocurrencies have the greatest chance of success, on the basis of which various projects are created. For example, he attributes Ether and Zcash. He also spoke positively about the technology Bitcoin Cash, but considers the marketing component of the project to be bad.

Recall that the 300th anniversary of the death of Bitcoin took place in May of this year, when Forbes columnist Frans Coppola wrote that the Achilles heel of Bitcoin is the huge amount of electricity required for mining.

Meanwhile, in 2018, Bitcoin became one of the most popular search queries on Google in the US and the UK.

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