Hello Monaco magazine Winter 2018 - issue HM02 - Page 61

INVESTORY
Every informed person needs to know about Bitcoin because it might be one of the world ’ s most important developments .» – Leon Louw , two-time Nobel
Peace Prize nominee
-IOTA — Launched 13 June , 2015- listed a token designed for the Internet of Things micropayment and immediately fetched a value of $ 1.8 billion . At the time of writing this article , the value of one IOTA token stood at $ 1,39 , which marks more than a 60,000 per cent return on investment since the initial coin offering in . -Ethereum — Ether ’ s ( ETH ) issue price at the time of the crowd-sale in 2014 , amounted to $ 0.311 . Ether ’ s all-time high hit $ 407.51 on June 13 , 2017 . At the time of writing , Ether was trading at $ 367.35 , over a 90,000 per cent increase in value since its ICO . -Brave Software ’ s lofty Basic Attention Token ( BAT ), sucked in $ 36 million in 24 seconds ( a $ 180 million valuation ) on the promise of using Blockchain technology to fix digital advertising ’ s deep problems . -Tezos ( XTZ ) — one of the largest ICOs to date , raising $ 232 million worth of Bitcoin ( BTC ) and Ethers . -Augur ( REP ) — has practically created a betting platform where you can bet on « everything from
Million-dollar pizzas and the new Nouveau-Riche
The first purchase with crypto-currency happened on May 22 , 2010 . Laszlo Hanyecz , a programmer from Las Vegas , transferred 10,000 Bitcoins ( worth $ 25 at the time ) for two Papa John ’ s pizzas . At today ’ s price , each pizza would have cost him more than 40 million dollars ! Let ’ s hope the owner of Papa John ’ s held on to those Bitcoins . He would be worth over 80 million dollars today .
Erik Finman , an American school leaver , made a bet with his parents that if he became a millionaire by age 18 , they couldn ’ t force him to go to university . He had the foresight to investment in Bitcoin when it cost $ 12 a coin . With the current record-breaking valuation , he has won the bet not to attend university .
« I can proudly say I made it , and I ’ m not going to college ,» Finman said . He currently owns 403 Bitcoins , which at the current $ 10500 a coin puts his Bitcoin value more that 4 million USD . Finman thinks the best days are still ahead . « Personally , I think Bitcoin is going to be worth a couple hundred thousand to a million dollars a coin ,» he said . It should still be approached with caution , as Bitcoin is very volatile , and the value could decline rapidly . But Erik Finman feels very good about it .
The Winklevoss twins discovered Bitcoin in July of 2012 , while holidaying in Ibiza . At 32 years old , the enviably athletic twins had both Harvard and Oxford degrees and seemed predestined for success . They had famously won a $ 65m settlement from Facebook after asserting Mark Zuckerberg had stolen their concept for a Harvard social network . The Winklevoss twins claim to own close to one per cent of the entire Bitcoin Market , which equates to about 120,000 Bitcoins . They spent about $ 11 million ( less than 100 USD a coin ), but the current price , their wallet is worth 1 billion USD . You win some , you ‘ lose ’ some Buried somewhere under mud and mounds of rubbish , in a landfill site near Newport , Wales , in an area about the size of a football pitch is a computer hard drive worth a fortune . It belonged to James Howells , who threw it out when he was clearing up his desk in mid — summer , 2013 . Then he remembered that it held a digital wallet with 7,500 Bitcoins created for almost no money in 2009 . The 7,500 Bitcoins on the hard drive were worth around £ 500,000 when it was thrown in the rubbish . Since then , the value has soared to over 78 millions dollars . As the saying goes , one man ’ s trash is another man ’ s treasure !
Hello Monaco – Winter 2018 / 59
INVESTORY Every informed person needs to know about Bitcoin because it might be one of the world’s most important developments.» – Leon Louw, two-time Nobel Peace Prize nominee -IOTA — Launched 13 June, 2015- listed a token designed for the Internet of Things micropayment and immediate- ly fetched a value of $1.8 billion. At the time of writing this article, the value of one IOTA token stood at $1,39, which marks more than a 60,000 per cent return on investment since the initial coin offering in. -Ethereum — Ether’s (ETH) issue price at the time of the crowd-sale in 2014, amounted to $0.311. Ether’s all-time high hit $407.51 on June 13, 2017. At the time of writing, Ether was trading at $367.35, over a 90,000 per cent in- crease in value since its ICO. -Brave Software’s lofty Basic Attention Token (BAT), sucked in $36 million in 24 seconds (a $180 million valu- ation) on the promise of using Blockchain technology to fix digital advertising’s deep problems. -Tezos (XT hPѡɝЁ% =́ѼєɅ̴)ȁݽѠ э Q ѡ̸(՝ȀI@ṔɅѥ䁍ɕѕѥ)љɴݡɔԁЁ ٕѡɽ)5ȁ́ѡ܁9ٕԵI)QЁɍ͔ݥѠѼɕ䁡5Ȱ(1鱼!啍谁ɽɅȁɽ1́Y̰Ʌ͙ɕ( э̀ݽѠԁЁѡѥȁݼA)e)̸Ёѽéɥ鄁ݽձٔЁɔ)ѡ̄1ӊéѡݹȁA)e)Ѽѡ͔ э̸!ݽձݽѠٕȀ)́ѽ)ɥɥ͍ٕȰЁݥѠ́ȴ)́ѡЁɔ䁅ఁѡ䁍ձeЁɍ)ѼѼչٕͥ丁!ѡɕͥЁѼٕѵЁ д)ݡЁЀȁ]ѠѡɕЁɕɐɕمԴ)ѥ́ݽѡЁЁѼѕչٕͥ+ $ɽՑͅ$а'eЁѼ )ͅ!ɕѱ䁽ݹ̀́ э̰ݡЁѡɕЀ)́́ эمՔɔѡЀЁUMѡ)ѡЁ́ɔѥ Aͽ䰁$ѡ э́Ѽ)ݽѠչɕѡͅѼ́ )ͅ%Ё͡ձѥɽݥѠѥ́ эٕ́)ٽѥѡمՔձɅ丁 Ёɥ)ٕ䁝Ёи)Q]ٽ́ݥ͍ٕ́ɕ э)ձ䁽Ȱݡ)她%鄸Ѐȁ啅́ѡ٥䁅ѡѥݥ)Ѡ!مɐ=ᙽɐɕ͕́ɕѥ)ȁՍ̸Q䁡ͱݽմ͕ѱЁɽ)ѕȁ͕ѥ5ɬiՍɉɜѽѡȁ)ȁ!مɐͽݽɬ)Q]ٽ́ݥ́Ѽݸ͔ѼȁЁѡ)ѥɔ э5ɭаݡՅѕ́ѼЀ э̸Q)ЁЀā́ѡUMЁѡɕ)ɥѡȁ݅Ё́ݽѠāUM)eԁݥͽԃa͗dͽ) ɥͽݡɔչȁՐչ́Չ͠)ͥєȁ9а]̰ɕЁѡͥ锁щэ)́ѕȁɐɥٔݽѠչ)%ЁѼ)́!ݕ̰ݡѡɕ܁ЁЁݡ݅)ɥ́ͬQյȰ̸Qɕ)ɕѡЁЁх݅ЁݥѠܰ э́ɕѕ)ȁЁ䁥丁Qܰ э́ѡɐ)ɥٔݕɔݽѠɽչ ݡЁ݅́ѡɽݸ)ѡՉ͠MѡѡمՔ́ͽɕѼٕȀ)̸́́ѡͅ她̰éɅ́͠ѡ)éɕɔ)!5L]ѕȀ