However, notable financial experts like Warren Buffett have warned against investing in bitcoin.
“In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” the billionaire investor told CNBC.
Other bitcoin millionaires have also warned against sinking money into bitcoin, nothing that it’s not secure and has no real value. But Finman refutes that claim.
On his Twitter, he writes that people often say, “Bitcoin isn’t real, it’s just numbers on a computer screen!”
The millionaire argues that the dollars in your bank account are also just numbers on a screen. “Bitcoin is just as real as fiat money, except Bitcoin can’t be printed endlessly,” he writes.
The teenager remains optimistic about bitcoin’s prospects and advises other young people to take part in the crypto-craze. “What I love about Bitcoin is that instead of some rich old guy on Wall Street. Young poor people are the ones getting rich,” he writes on Twitter.