In 2012 a man bet his entire life savings on Bitcoin at $5 a coin.
In January 2012, Erik Finman was 12 years old
His grandmother gave him $1,000
He put all of it into Bitcoin
Bitcoin was trading at roughly $10 to $12 per coin at the time
He bought around 100 Bitcoin
His parents and teachers told him it was a waste
His high school teachers told him he was going nowhere
He made a bet with his parents
If he became a millionaire before turning 18 they would not force him to go to college
By 2013 Bitcoin hit $1,200 and his $1,000 had grown to around $100,000
He used some of the gains to start a small educational startup called Botangle at 13 years old
He sold Botangle in 2014 for 300 Bitcoin
At that point Bitcoin was around $200
That sale added 300 more coins to his stack at what turned out to be the cycle low
By 2017, when Bitcoin hit $18,000, Erik Finman was 18 years old
His Bitcoin was worth over $4 million
• He won the bet
• He never went to college
• His parents had to put it in writing
• He said in interviews that his teachers had told him he would end up working at McDonald's
At Bitcoin's peak in October 2025 at $126,198, his original 100 coins from the $1,000 investment would have been worth $12.6 million
His additional 300 Bitcoin from the Botangle sale would have been worth $37.8 million
$1,000 given by a grandmother
A 12 year old who believed his teachers were wrong
The teachers were wrong
PSA the ledger incident isn't limited to Asia
This is a device purchased in store from an official reseller in Europe (a legitimate device doesn't have any of these cables as can be seen in picture 2)
This even seems to be an old version of the 'spy implant' even though the device was purchased a couple of weeks ago. The newer versions usually hide the implant by the screen so it's easier to miss
What's interesting is that this compromised ledger never transfered funds to an exploiter. Either the device didn't work or they were waiting for a more widespread usage of the comprised devices?
If you own a ledger that didn't directly come from the ledger online store make sure to not just rely on the software genuinely check by ledger but to actually open up the ledger yourself to make sure its original, again there are reported cases in Asia, south America and now Europe as well.
@MagicalTux made some useful videos on how to open the ledger and what to look for.
Ledger is investigating reports of loss of funds from users in South East Asia who purchased products from a reseller named CryptoBillis. As a precaution, and pending the results of our investigation, we have asked CryptoBilis to pause all sales and shipments of Ledger devices. We recommend Ledger users who purchased from this reseller in the last 90 days to not initiate set up if you have not done so yet. If you have set up your Ledger device, consider moving assets to a new Ledger signer (with new seed). We will continue to inform customers of updates as the investigation progresses.
Reach out to Ledger customer support through official channels with any questions: https://t.co/4p918UH8yb
someone just made own chain and put giwa id on it cause chain ids are not owned by anyone you just write the number in your genesis and thats it and now 1111 ppl bridged 369 eth into somthing 2 wallets, abomination
We just rolled out an update.
Everything is now one click from the chain.
Every address and transaction hash now opens directly in the block explorer — launch contracts, vaults, creators, counterparties, claims, sweeps and more.
Available across the board, launch pages, activity, positions and leaderboards.
The copy button stays. The explorer link sits beside it.
Don’t trust the dashboard. Verify the chain.
https://t.co/fk31HY8WYi
The Purserfi flywheel isn’t magic.
It’s market activity feeding infrastructure:
trading → fees → vault → strategy capital → liquidity → more trading
When the pair is built around tokenized stocks, the underlying stock asset becomes part of that loop.
That’s where things get interesting.
Been meaning to write this one for a while 🙏
A bunch of you slid into my DMs after my recent PnLs asking how I actually play this game
So instead of yapping the same answers 40 times in DMs, I dumped the whole process into one article!
(long ass read) https://t.co/UcJeZg6MEU
“Yield on stocks” doesn’t have to mean staking a stock token into a farm.
A stock can generate DeFi yield by being actively used as liquidity.
If SPY sits inside a TOKEN/SPY market and trading happens through that liquidity, the position earns fees.
Purserfi is building around that model.
A stock-paired launch can create a much more interesting flywheel:
Trading → LP fees → vault → strategy → more stock-paired liquidity → more trading.
Instead of stock rewards leaving the system, the stock can remain inside the liquidity engine and keep working.
More activity creates more fees.
More fees create more strategy capital.
More strategy capital can deepen liquidity.
The market feeds itself.
$PURSER