He also holds smaller investments in other digital currencies, including litecoin and ethereum.
(High school) was pretty low quality, Erik said.
I had these teachers that were all kind of negative.
Even his teachers at school too didnt see his potential.
I guess I did the dropout part, he added.
He actually did not want to go to college, either.
At that time, bitcoins were valued at $1,200 per piece.
He then made a team consisting of more than 20 workers, including designers, programmers and animators.
Due to his age, potential employees would not take him seriously, he said.
Erik also used some funds to move to Silicon Valley, meet Reddit co-founder Alexis Ohanian and travel.
I really liked Colombia, he said.
It was fun, but a little sketchy.
Some interesting stuff happened.
Erik who has been managing his own bitcoin investments denies the necessity of education.
I never got my GED, and I dont see the value in it, Finman said.
The purpose of that would be to get another education level and get a job.
I had to learn through running a business.
Instead of writing essays for English class, I had to write emails to important people.
Erik who is happy learning about the real world from experience still has no plans to go to university.
Instead, he believes the internet offers a better education for free.
The way the education system is structured, I wouldnt recommend it.
It doesnt work for anyone.
I would recommend the internet, which is all free.
you might learn a million times more off YouTube and Wikipedia, he added.
Source:CNBC
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