When Erik Finman received $1,000 from his grandmother in 2012, he invested it in bitcoin, the then-obscure form of online currency. A year and a half later, he sold his investment for $100,000 and used the earnings to launch Botangle.com, an online tutoring service that runs on video chat.
That's not bad for an entrepreneur who's only 15 years old.
The arrival of spot bitcoin ETFs in the US offers easy access to the masses. Purists will steer clear.
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After plummeting in June, the price of Bitcoin has remained at such a low level that it is causing the
Inflation and expected interest rate hikes likely play a part in Bitcoin's dropping value.
Good going kid.
He's lucky that he didn't lose it all to hackers.
With like minded people like him, the future doesn't seem as bleak.