Erik Finman, the teen crypto millionaire has made some bold statements about ’s current issues. He went as far as to say that the first might die if its issues are not swiftly resolved.
that there are four major issues which are currently plaguing . He believes that complexity, high transaction fees and slow process speed are the first three technical issues. The teen crypto millionaire believes that the terrible relations between the development teams is the 4th issue which might be the worst one of all.
Finman has been discussing ’s issues for quite a while.
If wants to not die it needs more than speculation:
1. Solve Speeds
2. Solve Transaction Fees
3. For the ppl working on the above to stop being cultish
4. Have an EASY on ramp for new users —this is the biggest problemI’m getting so irritated I might just fix it!
— ERIK FIN (@erikfinman)
He allegedly purchased his first back when he was 12. After receiving $1000 from his grandmother, Finman began purchasing and . He is now 20 years old and has grown his current holdings to just over 450. With today’s price, his holdings are worth almost $3.6 million.
The teen crypto millionaire wasn’t optimistic about remaining as the top . He stated that the competition for will become better and a lot of improvements are required to remain at the top.
The teen crypto millionaire has questionable reputation
Finman has made many questionable statements over time and has lost a lot of the credibility he initially gained when he rose to fame.
Last year, he stated that and people should be hopeful about Cash. Back before the bull run of 2017, he also stated that is useless and investors should instantly get rid of it.
Many people do not agree with Finman’s support of Cash, especially with the recent developments. The teen crypto millionaire however, believes that along with Cash, Zcash has a very good chance of success.
Despite his many criticisms of , he remains almost fully invested into . He shows no signs of planning to change his main investment and is set to hodl for the near future. It’s very likely that during the next bull run, Finman will attempt to get rid of his bitcoins.
Will he make a colossal, life-changing mistake? Probably. Only time will tell if the story of this teen crypto millionaire will be a success story or one of the many lessons against arrogance and ego.
Know more:
Published at Wed, 22 May 2019 14:25:30 +0000
