Imagine being a millionaire by the time you're 18. There are plenty of things you could do with that kind of dosh. You certainly wouldn't feel the need to continue with your education.
Erik Finman has that feeling, after betting his parents that if he had a seven-figure bank balance by the time he reached adulthood, he wouldn't have to go to University.
Having arrived at such a healthy bank statement at such a young age, Erik is one of the latest success stories to emerge from the dramatic rise in the value of Bitcoin.
The school drop-out (he quit when he was 15 years old) invested in the coins that, just seven years ago, were practically not even worth the shit on your shoe.
Last month, bitcoins celebrated 'Bitcoin Pizza Day' - the day when 10,000 bitcoins were used to buy two pizzas. Today, one bitcoin is worth $2,500 (£1,950).
Some analysts believe that in ten years, they'll be worth $10,000 per coin (£7856), and considering Finman owns 403 bitcoins, he's on course to make a fortune. Already, his share is worth $1.09m (£860,000).
He's also invested, although not as much, in other cryptocurrencies such as litecoin and ethereum
With something rising in value so rapidly, why would you get out? Does Finman know something we don't?
Not really, if what he tells CNBC is true. "Personally, I think Bitcoin is going to be worth a couple hundred thousand to a million dollars a coin," he said.
It all began when he received a $1,000 (£7,900) gift from his grandmother, which he spent on Bitcoin. He sold that, two years later, for $100,000 (£79,000).
"I had these teachers [at school] that were all kind of negative," he added. "One teacher told me to drop out and work at McDonald's because that was all I would amount to for the rest of my life. I guess I did the drop-out part."
He set up an online education company, called Botangle, in 2015 and was offered either another $100,000 or 300 bitcoins to sell the company. He chose Bitcoin, when it was worth just $200 per coin.
Not indicating that the content you copy/paste is not your original work could be seen as plagiarism.
Some tips to share content and add value:
Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.
Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post.
If you are actually the original author, please do reply to let us know!
Thank You!
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.diretube.com/articles/the-very-young-millionaire_15362.html
Congratulations @dailyworldnews! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
You published your First Post
You made your First Vote
You got a First Vote
You made your First Comment
Award for the number of upvotes received
You published 4 posts in one day
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP