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Brooklyn College grad Charlie Shrem is a BitCoin millionare [Metro]

Charlie Shrem graduated from Brooklyn College and got into BitCoins early, in 2010. He’s the cofounder of BitInstant and now one of a few millionaires in the new digital currency, according to a new profile piece in Metro. “It’s the largest socio-economic change since democracy,” Shrem tells Metro, talking by phone from his offices in New […]

Charlie Shrem's Twitter photo.

Charlie Shrem graduated from Brooklyn College and got into BitCoins early, in 2010. He’s the cofounder of BitInstant and now one of a few millionaires in the new digital currency, according to a new profile piece in Metro.

“It’s the largest socio-economic change since democracy,” Shrem tells Metro, talking by phone from his offices in New York. “We are in a digital age and the only thing that is not digital is money, so every cash exchange requires you to trust a middleman company and pay high transfer fees. With Bitcoin it’s instant and the transfer fee is under one per cent.”

[Metro]

Series: Brooklyn
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