The 8 Biggest Bitcoin Players Who Could Make a Fortune Off the Cryptocurrency

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Digital cryptocurrency Bitcoin was extremely underground when it was launched in The idea of a purely digital currency not based on fiat was thought of before, but Bitcoin was the first mainstream execution of that concept. Early adopters and investors in the currency became Bitcoin millionaires as a result.

Andersen has been rumored to be Satoshi himself, a claim which he denies. Instead, he states that he was closely corresponded with the developer for many years.

As time passes, Gavin Andersen speculates that Bitcoin will require less maintenance. The developer has already cashed out multiple times — he was once paid overby the Bitcoin Foundation for his contributions. Of course, he accepted that payment in bitcoin. Since Bitcoin is peer-to-peer, users are responsible for mining. They are rewarded with Bitcoins for mining. Yifu Guo founded Avalon in Miners retailing for several hundred dollars were selling for many times more.

Guo left the Avalon project after a year. Several other companies began selling bitcoin miners after Avalon, but Guo was the first to become a Bitcoin millionaire selling such miners.

The pair have launched numerous successful business ventures, and their investments in Bitcoin alone have earned them 11 million.

The Winklevoss twins have funded several Bitcoin related ventures. Inthey created the Winkdex, a financial index that tracks the average price of Bitcoin. The Winklevoss twins even created their own Bitcoin exchange, Gemini in The company, Bitpay, is one of the most popular of its kind. It processes of one million dollars worth of payments every day.

It was also one of the first companies to have agreements with major retailers. InBitpay employed over 80 people. Gallippi stated he aimed to have over one million merchants enrolled by Intrigued, he invested a large amount of money in the currency, which paid off after several years.

His first Investment venture provided him with enough funds to launch several business ventures. His first company was Tradehill, a Bitcoin dark anonymous mining pool — Kenna was the first to pioneer dark mining pools.

Kenna now runs a craft brewery in Colombia the brewery accepts Bitcoins of course. He has also opened 20mission in San Francisco, a collaborative workspace for startups and entrepreneurs. Dave Carlson is likely the first Bitcoin millionaire to have mined their way to riches.

After founding company MegaBigPower from his basement, he began to mine on an industrial scale. Carlson reported that he made over 8 million per month in from his 2, square foot warehouse. Charlie Shrem bought a large quantity of Bitcoin when it was trading cheaply.

At only 22 years old, he founded BitInstant with some of the funds. The company was extremely successful at first. But in DecemberShrem was accused and found guilty of laundering money to infamous deep web black market The Silk Road.

Shrem states he did not knowingly handle any money for illicit purposes. After his release from prison inShrem got right back to business and launched Intellisys Capital.

The firm sells investment portfolios in blockchain companies. Charlie Shrem is close friends with fellow bitcoin innovator and investor Roger Ver. Bitcoin millionaire Roger Ver has generously shared his wealth to spread the word of Bitcoin. Roger Ver is the first Bitcoin startup investor. Although Ver was already a successful entrepreneur before getting into Bitcoin, doing so greatly multiplied his riches. He has also donated millions to charity.

However, Bitcoin also has a sinister side. Its anonymous nature makes transactions nearly impossible track. Numerous black markets have appeared on the deep web selling drugs, contraband, and illegal services. Their investigation led to American Ross Ulbricht, who was sentenced to life in prison for money laundering, hacking, and conspiracy to traffic narcotics.

As a result, the largest Bitcoin wallet in the world now belongs to the FBI. Few records of Nakamoto exist other than e-mail correspondence records between him and Bitcoin developers. What is known about him however, is that he currently holds 1. And to think the government locked him up, where he shared his ideas to people who needed Bitcoin more than ever befoere. I voted up and resteemed your post. Please help other TeamPhilippines members to check their posts. Vote Up and Resteem. I am a robot.

I just upvoted you! I found similar content that readers might be interested in: Nice job on the list. Ross Ulbritch is one of my hero. I wish he'll gain back his freedom from the oppressive Big Bad Governtment. I'd never thought to even look this up. But I would absolutely look up the Forbes Rich List from time to time. We should definitely be following digital riches more now. Have a nice day! Top 10 Richest Bitcoin Millionaires in Doing so would be incredibly difficult unless one was involved from the beginning — or if they created the currency themselves.

Authors get paid when people like you upvote their post. Thanks a lot abuzarkalam. For use resteeming it and following you! I wonder whats the total number of holders?

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Pretty, the foreign management will overseas steal unavailable to economic order research what policies do to exist about their architecture readers. A national marine park protects your bitcoins, too.

Thereвs no sly, Craigslist-style code names here.