Most people in Bitcoin are familiar with Andreas Antonopoulos. He is a great speaker at events, successful author, and doesnât get involved in Bitcoin politics. However, one thing most people donât know is how he isnât a Bitcoin millionaire. That is slowly starting to change, thanks to a new donation campaign by the Bitcoin community.
A lot of people are surprised Andreas Antonopoulos hasnât made millions off Bitcoin. Most people who got involved during the early days â and are still around â make a good amount of money. At the same time, some of us have to work for our money â paid in Bitcoin -and use that money to cover bills and expenses. In the case of Andreas, that is exactly what happened over the years. Bills need to get paid and Bitcoin has been valued pretty low for most of the past nine years.
Roger Ver recently âcalled outâ Andreas Antonopoulos over this development. As is usually the case, such debates spark an immediate reaction among the Bitcoin community. Because of this development, some people started donating healthy amounts of BTC to Andreas. That is only normal, as the Bitcoin community is often very helpful in these regards. The global availability of Bitcoin makes it easier to send money around the world as well.
I'm not a bitcoin millionnaire. I was working for free, instead of investing, for the first 2 years. Only recently got out of debt.
My supporters on Patreon, many at $5/month, make it possible for me to work with independence.
â Andreas M. Antonopoulos (@aantonop) November 30, 2017
Big was everyoneâs surprise when someone donated 37.046 Bitcoin to Andreas Antonopoulos. This is just one donation and not the culmination of many different transactions. At the time of writing, this donation is valued at over $553,000. That is quite a steep donation, although it is a well-deserved one as well. It is important to note Andreas may not keep this money all to himself either. It is possible he may donate some of the funds to a charitable goal, although nothing has been officially confirmed at this point. His intent was never to get rich off Bitcoin in the first place.
All of this goes to show people genuinely appreciate Andreas Antonopoulos. It is commendable to see people show their support for his services throughout the year. Even though he never asked for any donations, people take it upon themselves to make good things happen. This is the power of Bitcoin as most of us have envisioned it for some years now. After all, it is important to keep track of what Bitcoin was designed to be in the first place.
PlexCoin Founder Gets Jail Time, Fine on Contempt Charge
U.S. and Canadian authorities appear determined to make an example of a recent initial coin offering.
On Friday, a Canadian court ordered a two-month jail sentence against PlexCoin creator Dominic
'Bitcoin Jesus' is 'really, really concerned' about the future of the digital currency
An early bitcoin investor said Monday the digital currency can run higher, but the hype has far outpaced its usability. "I think in the short run it can run up a lot more," Roger Ver, CEO of
Bitcoin has aspects of a bubble, but it's OK to 'play' with it: Economist Robert Shiller
Bitcoin has "aspects of a bubble" but it's almost impossible to know whether it's gone too far, Nobel-winning economist Robert Shiller told CNBC on Monday. Bitcoin has been on a wild ride
Futures Launch Puts Record Bitcoin Highs Back in Play – Yahoo Finance
Digital currency bitcoin begins trading on major exchange for first time in Chicago WLS-TVBitcoin Futures Started So Hot That Trading Had to Be Halted Twice FortuneBusiness Insider Â âCNNMoney Â â
Understanding Futures: A Primer for Bitcoiners
Lanre Sarumi is the CEO of Level Trading Field, an interactive online platform for professionals in the finance industry.
"Study the past if you would define the future." – Confucius
Bitcoin Price Back Above $17k to Set New All-Time High
The price of bitcoin has pushed back above $17,000, hitting a new all-time high on CoinDesk's Bitcoin Price Index (BPI).
As of press time, the BPI had climbed as high as $17,382.64, beating the $17
People are taking out mortgages to buy bitcoin, says securities regulator
Bitcoin is in the "mania" phase, with some people even borrowing money to get in on the action, securities regulator Joseph Borg told CNBC on Monday. "We've seen mortgages being taken out to buy
Two Firms File Bitcoin ETF Applications in Wake of CBOE Futures Launch
Two exchange-traded fund (ETF) providers have filed with the U.S. Securities and Exchange Commission (SEC) to create Bitcoin ETF products that trade in cryptocurrency derivatives.
According to the