Bitcoin on Everest: Raising the Cryptocurrency Flag on the World's Tallest Mountain
Date: 2024-05-24 Author: Gabriel Deangelo Categories: IN WORLD
Raising the Bitcoin Flag
Dadwan Yusuf, a 23-year-old crypto entrepreneur, reached the top of Everest and unfurled a flag with the Bitcoin logo there. This happened on May 20, 2024 and became a symbol of freedom and independence in the highest places on Earth.
Global Necessity
Yusuf announced that his action aims to draw attention to global inequities in access to financial education. The Bitcoin symbol on Everest should highlight the importance of solving this problem.
The Path To Cryptocurrencies
Yusuf's story begins with his family moving to Switzerland from Iraq in 2003 as refugees. Already at the age of 11, he showed interest in Bitcoin as a means of fast international transfers. Initially, with a small amount of investment, he became a successful investor in cryptocurrencies.
Success in Investments
Yusuf's net worth was estimated at $300 million, according to his 2020 tax return, but his actual assets could be much more. Interviews with the young entrepreneur showed that he owned 416,000 ETH, which at that time exceeded $1.2 billion.
