This 20-year-Old Bitcoin Millionaire Beamed Cryptocurrency From Space To A School In Ghana

Notice he didn’t send them any Bitcoin but MTL which I’ve never heard of ***

This 20-year-old Bitcoin millionaire beamed cryptocurrency from space to a school in Ghana

Finman bought $1,000 worth of bitcoin at the age of 12 in 2011, when each bitcoin was worth $10 to $12. Today he holds 446 bitcoin, which at Friday’s price were worth $7,243 each, for a total value of $3.2 million.

Finman is calling his latest endeavor a “crypto space drop,” by which cryptocurrency can be sent through a constellation of satellites to an antenna on Earth. Finman told Business Insider that the crypto space drop has applications for communities with little to no infrastructure.

“We wanted to show that even in the most remote places that don’t have the most functional of infrastructure, money infrastructure, financial infrastructure,” a crypto space drop could have a real use case, Finman told Business Insider.

Finman sent $1,000 worth of MTL in the crypto space drop to St. Mary’s School in Korle Gonno in the Greater Accra Region of Ghana, which used the funds to repair the school’s roof and construct benches and tables.

https://www.businessinsider.com/bitcoin-millionaire-erik-finman-beamed-cryptocurrency-satelite-outer-space-2019-11

Master Asked on December 15, 2019 in Cryptocurrency.
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