Mama, I’m Selling My Stuff for Bitcoin and Hittin’ the Road

Bitcoin has changed the lives of many people on this planet, for better or for worse. For those who’ve managed to strike fortunate notes with BTC, the coin has allowed them to improve their lives–buying homes, paying off debts, or just plain old gettin’ rich.

For some, Bitcoin seems to be part of a path toward turning life into a big, romantic adventure. At least, that’s what it seems like for Danish citizen Jonas Hornehøj, who sold most of his earthly possessions for Bitcoin before embarking on an adventurous tour of the globe with his girlfriend.

Hornehøj, who is only 24 years old, originally left his Copenhagen home with $2000 in his pocket–$1000 of which he invested in BTC. The investment proved fruitful, and the young couple has managed a budget of between $2000 and $2800 per month.

The young man understands that he’s been lucky with his investment and that the crypto markets haven’t boded quite as well for everyone else. “Now that is not something I promote as a way of making money simply because it’s so easy to either shoot it down as a Ponzi scheme or as a bubble or a wild gamble, however, with research, I found out a lot about the technology, the crypto space as a whole, and the implications it can have positively on the world.”

While there have been plenty of amazing success stories in the crypto sphere, the blockchain industry also has a dark side. BTC Manager reported that Kang Dong-Pyo, a 20-year-old Korean student, committed suicide after losing the equivalent of more than $186,000 in February. Countless others have lost thousands of dollars, and even (in some cases) their homes.

Source: Finance Magnates

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