Bitcoin Community Raises Over $1.6 Million For Andreas Antonopoulos after being ‘bitshamed’

The bitcoin community has raised more than $1.6 million for highly respected bitcoin and security expert Andreas Antonopoulos, who has spent the past several years educating the masses about bitcoin.

For many years, Antonopoulos attended countless events, conferences, and meetups to introduce bitcoin to the masses, and educate newcomers in bitcoin and the cryptocurrency market.

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On December 3, 2016, at the Coinscrum conference hosted by Imperial College in London, England, Antonopoulos revealed that despite being one of the most influential and active speakers, teachers, and educators within the cryptocurrency industry, he still had some debt in US dollars.

“My small savings that I do have are invested in bitcoin. 100 percent [of it]. I actually have a tiny debt in US dollars that I’m still trying to pay off so it is more than 100 percent in bitcoin. Now, I’d like to emphasize again, that is not a recommendation to invest. Because I haven’t invested by money in bitcoin, I invested my career, my intellectual capacity, my creativity energy, my passion, and my work in bitcoin. The money is the least of the investment that I have made in bitcoin and I could lose everything of it and I’d still have everything else,” said Antonopoulos.

On December 5, early-stage bitcoin investor Roger Ver publicly stated that if Antonopoulos had invested $300 in 2012, he’d be a millionaire today. In response, Antonopoulos explained that he had sold bitcoin he owned to pay his rent, given that he had worked for two consecutive years without pay and disposable income.

“I did invest, Roger. Then I sold in 2013 to pay my rent. I didn’t have disposable income to work for two years without pay and invest at the same time. I should’ve gone into more debt, but that would have been irresponsible towards my family who I supported,” said Antonopoulos.

Ver’s statement led the entire bitcoin community to encourage bitcoin supporters to support Antonopoulos. Within 48 hours, the bitcoin community raised more than $1.6 million for Antonopoulos.

Keycom – The Bitcoin community is indeed vibrant and more united than most naysayers belief.

 

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