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The rise of the Bitcoin Billionaire: how cryptocurrencies are toppling the super rich

The Bitcoin Billionaire twins Cameron and Tyler Winklevoss Credit: Getty

The North American Bitcoin Conference opens in Miami next week and guest speaker Jeremy Gardner has a lot of yacht parties to attend. So many, he jokes, that he may have to buy his own vessel to sail between them.

Despite being several weeks shy of his 26th birthday, this is no idle threat. Since first investing in cryptocurrencies in 2013, Gardner, who dropped out of the University of Michigan, has made millions through the likes of Bitcoin, Ethereum and Ripple. 

In a few months Augur, the cryptocurrency-based platform he launched five years ago, which enables investors to predict the market, goes live. Already, he says, the total market value of all its tokens has reached $1.2bn.

Cryptocurrency investor Jeremy Gardner Credit: supplied photo

 

“The past year has been insane,” Gardner says. “There’s a general sense of euphoria. Tens of thousands of millionaires have been minted practically overnight.”

There have been wobbles this week, with the South...

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