Joel Birch, co-founder of Stacked, an automated cryptocurrency investment platform and early Bitcoin investor, said that he drew attention to Bitcoin because of the blackjack game.
“I bought my first bitcoin because I was playing blackjack online. Back then, in 2015, bitcoin was worth $ 250 per coin, and if you think about it, I spent hundreds of thousands of dollars in blackjack in today’s money, ”said Joel Birch.
Between 2015 and 2017, the first cryptocurrency rose from $ 200 to $ 20,000 per coin and, according to Birch, he received much more money from storing bitcoins than from playing blackjack:
“One of the reasons I was so excited about cryptocurrencies as an investment vehicle is because I saw my funds grow when I was not gambling, but just holding the bitcoins I bought on Coinbase.”
Birch noted that somehow over the course of one day, bitcoin’s rate increased by 30%, and he wondered how his funds for playing blackjack increased. And it was then that he “clicked in his head”, and he realized the investment potential of the first cryptocurrency.
Recently, entrepreneur and author of The Price of the Future, Jeff Boothhas, called Bitcoin “a must-have investment in the current financial situation.”