Mama, I’m Selling My Stuff for Bitcoin and Hittin’ the Road

Bitcoin has changed the lives of many people on this planet, for better or for worse. For those who’ve managed to strike fortunate notes with BTC, the coin has allowed them to improve their lives--buying homes, paying off debts, or just plain old gettin’ rich.

For some, Bitcoin seems to be part of a path toward turning life into a big, romantic adventure. At least, that’s what it seems like for Danish citizen Jonas Hornehøj, who sold most of his earthly possessions for Bitcoin before embarking on an adventurous tour of the globe with his girlfriend.

Hornehøj, who is only 24 years old, originally left his Copenhagen home with $2000 in his pocket--$1000 of which he invested in BTC. The investment proved fruitful, and the young couple has managed a budget of between $2000 and $2800 per month.

?? as if the city of Hanoi itself isn’t crazy enough without this! Every day, several times a day, the locals have to rush at the sound of a horn, to get all their stuff away from the tracks! Trains pass literally inches from their houses and belongings, and this is completely normal! ? The craziest thing is, throughout the day, the tracks function as a workplace for the locals, selling their fresh greens, or bamboo lamps, or other random stuff ?? .. .. can’t imagine how many safety regulations this violates in a western country, and here it’s completely normal! Contrasting cultural mindsets like this have helped me grow as a traveler, and put many things into perspective! Keep travelling ?? #thefreedomcomplex . . . . . #Vietnam #Hanoi #hanoicapital #nowdiscovering #thediscoverer #vietnamwonders #visitvietnam #discovervietnam #vscovietnam #vietnamcharm #vietnamtrip #vietnamtravel #ig_vietnam #instavietnam #moodyphotography #instamood #hanoitrainstreet #travelphotography #photography #mydestinationguide #nowdiscovering #instagood10k #traveltagged #voyaged #lensbible #wonderfuldestinations #CBViews #bestcitybreaks

A post shared by Jonas Hornehøj?? (@thefreedomcomplex) on Apr 13, 2018 at 5:50am PDT

Hornehø's Instagram account, @thefreedomcomplex.

The young man understands that he’s been lucky with his investment and that the crypto markets haven’t boded quite as well for everyone else. “Now that is not something I promote as a way of making money simply because it’s so easy to either shoot it down as a Ponzi scheme or as a bubble or a wild gamble, however, with research, I found out a lot about the technology, the crypto space as a whole, and the implications it can have positively on the world.”

Crypto’s Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term Hasn’t Proved Profitable for Everyone

While there have been plenty of amazing success stories in the crypto sphere, the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term industry also has a dark side. BTC Manager reported that Kang Dong-Pyo, a 20-year-old Korean student, committed suicide after losing the equivalent of more than $186,000 in February. Countless others have lost thousands of dollars, and even (in some cases) their homes.

Still, it’s inspiring to hear about someone living their dreams because of what the cryptocurrency movement has been aiming to give us all--financial freedom.

BTC Manager reports that Hornehøj and his girlfriend are currently in Hanoi, Vietnam, and have big plans to keep traveling: “I would like to see more of Indonesia, the Philippines, Myanmar, Japan, Nepal, Korea, China; the list for Asia is endless.”