This man literally took $20 million from his mother and put it all into Bitcoin.
In the worst Bitcoin bear market in history. Name: James Wo. Year: 2014-2015. He was watching classmates trade Bitcoin at university. Went to his mother. Asked for $20 million. She ran a private investment firm in China. She had no idea what Bitcoin was. "At the beginning, I don't think she trusted me. What is bitcoin? She has no idea." She gave it to him anyway. "Okay, so I'm going to support you anyway." He bought Bitcoin at the bottom. Then put $10 million into Circle in January 2018. Nine months before Circle even launched USDC. Today his company DFG manages over $1 billion. More than 100 companies in the portfolio. A mother who didn't understand Bitcoin trusted her son anyway. That's the whole story. Do you think your parents would trust you with $20 million to put in Bitcoin? ********************************** I write about how crypto actually works behind the scenes. Follow @TwinTulips for more posts like this.
This man literally took $20 million from his mother and put it all into Bitcoin.
In the worst Bitcoin bear market in history.
Name: James Wo.
Year: 2014-2015.
He was watching classmates trade Bitcoin at university.
Went to his mother. Asked for $20 million.
She ran a private investment firm in China.
She had no idea what Bitcoin was.
"At the beginning, I don't think she trusted me.
What is bitcoin? She has no idea."
She gave it to him anyway.
"Okay, so I'm going to support you anyway."
He bought Bitcoin at the bottom.
Then put $10 million into Circle in January 2018.
Nine months before Circle even launched USDC.
Today his company DFG manages over $1 billion.
More than 100 companies in the portfolio.
A mother who didn't understand Bitcoin trusted her son anyway.
That's the whole story.
Do you think your parents would trust you with $20 million to put in Bitcoin?
**********************************
I write about how crypto actually works behind the scenes.
Follow @TwinTulips for more posts like this.