The little girl who is now only 4 years old is lucky because her father used to give her 1 Bitcoin as a gift when she was just born. The current value of Bitcoin has skyrocketed.
Joao Canhada as the founder of Foxbit, a crypto exchange company in Brazil, gave a gift of 1 Bitcoin to his newborn son. In those four years ago, the price of 1 Bitcoin was only in the range of USD 915.
"Soon after my daughter was born in 2017, I bought 1 Bitcoin for her, not just as a gift, but as a way to invest in this new type of economy. At that time, 1 Bitcoin was still cheap," she says.
Long story short, 4 years have passed. That 1 Bitcoin has gone up more than 6,500% because at this time, the price has returned to USD 60 thousand after going up and down. Joao did not think that the gift would bring such a high profit.
2017 also seems to be the last time 1 Bitcoin is still under USD 1,000. Since then, the price of this favorite cryptocurrency has continued to rise.
Joao's story is certainly not the first. About ten years ago, Bitcoin was still cheap and not many people looked at it. But a man at that time already knew his potential and now that the price of Bitcoin has reached tens of thousands of dollars, he has become very rich.
His name is Davinci Jeremie, a software developer from Chile. Now he is said to have assets of up to USD 10 million thanks to the success of Bitcoin investments. On Instagram, he often shows off his wealth or at a party.
Jeremie first discussed Bitcoin on his YouTube channel in 2011. He called this cryptocurrency something awesome.
Then in 2013, Jeremie suggested that his viewers buy Bitcoin with only USD 1 money. According to him at the time, buying Bitcoin would yield a greater return than gambling.
"For the price of a gambling ticket, you can keep Bitcoin for 10 years and become a millionaire. It's time to stop being afraid. Even if the value becomes zero, you only lose USD 1," he said at the time.
About ten years on, Jeremie's prediction was right. He bought quite a lot of Bitcoins and is currently making huge profits after selling them. Indeed, the price of Bitcoin sometimes goes up and down dramatically, but he bought it when the price was still very cheap at USD 1 in 2011.
In social media that is followed by tens of thousands of people, Jeremie, among others, poses with a private plane that he seems to often rent. "I love traveling around the world," he said.