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From curiosity to viable investment: We re all cryptocurrency people now 26 Apr, 2021 10:15 PM 8 minutes to read Bitcoin Frankie, a cryptocurrency influencer, on a laptop in Austin, Texas. Photo / Ilana Panich-Linsman, The New York Times Bitcoin Frankie, a cryptocurrency influencer, on a laptop in Austin, Texas. Photo / Ilana Panich-Linsman, The New York Times New York Times On Monday evening (US time), a few days after a large cryptocurrency exchange listed its shares on the stock market, several hundred women gathered in a virtual conference room to talk about Bitcoin. Claire Wasserman, a co-founder of Ladies Get Paid, the company that co-hosted the event, marvelled at the turnout, noting it showed how committed you all are to getting wealthy. She described a sweeping change in the way we live, work and transact all driven by crypto. I don t want you to miss out on the future, she said. ....
There’s an industry term for white-knuckling it through crypto’s wild volatility without selling: “hodl.” “I always tell my friends, ‘If you really believe in it, buy it for your kids,’” one asset manager said.Credit.Ilana Panich-Linsman for The New York Times The Great Read Weâre All Crypto People Now Bitcoin and other cryptocurrencies have gone from curiosity to punchline to viable investment, making them almost impossible to ignore â for better or worse. There’s an industry term for white-knuckling it through crypto’s wild volatility without selling: “hodl.” “I always tell my friends, ‘If you really believe in it, buy it for your kids,’” one asset manager said.Credit.Ilana Panich-Linsman for The New York Times ....
“We felt like we were doing God’s work,” explains cryptocurrency payments pioneer Erik Voorhees as he recalls trying to convert the unbelievers in the early days of Bitcoin. The man whose gambling platform SatoshiDice was once responsible for half of all Bitcoin transactions, is now an elder statesman of crypto and the CEO of the ShapeShift exchange. He remembers Bitcoin being written off as a joke at the Money 2020 conference in Las Vegas back in 2012. At the time he was working for BitInstant, one of the first Bitcoin exchanges, and they had a booth right next door to PayPal. ....