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Teen Bitcoin Millionaire Erik Finman predicts a dark future for the Bitcoin

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Erik Finman, the teen crypto star said on Bitcoin (BTC) that “may a bull market or two left in it,” but in long run, the coin is dead, during an interview on December 17 with financial news website MarketWatch.

 

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Back in 2011, when BTC was around $12 a coin, Finnman bought them with his $1000 gift from grandmother. His assets were worth nearly $4 million during the all-time high market of 2017. Finman is also famous for winning a bet against his parents in terms of which, he said he will opt out of college if he becomes an crypto millionaire before the age of 18.

 

Still a teenager Finman mentioned in the interview that “Bitcoin is dead. It’s too fragmented, there’s tons of infighting I just don’t think it will last.” Going further Finman said something similar about Litecoin (LTC) also, “Litecoin has been dead for a while, it’s like when the sun is going down and there’s that eight-minute period just before it goes dark. Litecoin is in its seventh minute.”

 

He seemed optimistic about the future of project-oriented coin such as Ethereum (ETH) and anonymity-based token Zash (ZEC) along with showing confidently about Bitcoin Cash (BCH), which recently underwent a hard fork.

 

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Reportedly, Finman also commented against the “the hooks and lobbyists” of Wall Street and said “I/m better at this kind of stuff than those millionaires,” adding “they don’t know how to work the system, they’re nerds. “I’m more than that.”

 

Besides his stance on the crypto market, FInman also makes headlines following his alleged quirks, as reported once he drove to Mexico to hide the hard drive containing his private keys. Once he also spoke of his plans to buy a Lamborghini with a personalized number plate of 2.1 signifying his grades in high school.

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