Bitcoin News

Top 5 Famous People in Bitcoins You Need to Know About

By April 4, 2018 No Comments

Bitcoin is on a free run since its inception and despite so many controversies, the buzz around this incredible Cryptocurrency has only increased in the past few years. Its valuation has bolstered astronomical heights and is attracting more and more investors or traders as viable means to make some sweet money in far lesser time than conventional investment instruments. Apart from techies, corporates and traders; people from the world of entertainment are not also untouched by the shine of this incredible cryptocurrency. In fact, people from all quarters of the society are curious about Bitcoin and are investing in it in some or the other way.
Cryptocurrency companies and exchanges are also trying to make famous celebrities as their brand ambassadors to create more awareness, motivate people to take the plunge into cryptocurrency and have a buzz around their product. With celebrities endorsing Bitcoins, the industry is certainly having a great trickle-down effect in terms of greater curiosity and investment in the digital currency.
Here, we have collated a list of top 5 famous people who have different levels of interest in Bitcoins.
Nick Szabo
He is a legal scholar and cryptographer who is responsible for making extensive research in digital contracts and currency. In 1998, he invented ‘Bit Gold’ a decentralized digital currency. Unfortunately, his digital currency didn’t gain much traction at that time due to lack of awareness and less internet penetration globally. Many people also give him the credit of coining the term ‘smart contracts’. He believes that cryptography and in particular Ethereum could help the world so many existing problems.
Winklevoss Twins
Cameron Winklevoss and Tyler Winklevoss are the same guys who years ago sued Mark Zuckerberg for allegedly stealing their idea of a Harvard Social Network called ConnectU. Internet entrepreneur twins have now diverted their attention towards investment. After knowing about Bitcoins in 2012, they bought 120,000 bitcoins in a single transaction. And till now, they have kept all of them in USBs.
Adam Back
The CEO of Blockstream and a cryptographer by profession, Adam Back have several innovations to his kitty including decentralized mining, proof of work system and hash cash. He also takes keen interest in Bitcoins and is an active contributor towards making cryptocurrency better.
Barry Silbert
A venture capitalist by profession and an early promoter of Bitcoin, Barry bought 48,000 Bitcoins in 2014 in an auction. At that point of time, Bitcoin was only worth $350, and from then the valuation of coins has skyrocketed over 16 times.
Patrick Byrne
CEO of an e-retailer behemoth called overstock.com is also known as the king of Bitcoins and an avid investor. Much before companies like Microsoft and Dell, his firm was among the first movers to start accepting Bitcoins as a currency. He also advocates the idea that sooner or later, Bitcoins will trade on coveted Wallstreet.
Conclusion
Cryptocurrencies like Bitcoin is the future of financial transactions. Sooner or later, the world is going to embrace such currencies as a medium to do primary transactions in their day to day lives. However, there is no denying the fact that at present, several financial organizations and think tanks are researching and trying to chalk out a platform where it can be implemented in normal lives.
With more and more famous people joining the bandwagon of Bitcoin, it is only a matter of time that it sees an astronomical surge in terms of investment and application. And as things are trending, Bitcoin wallets like Belfrics are quite likely to become the new norm while doing financial transactions.

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