Success story: how a lumberjack became CEO of cryptocurrency Fund

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2018-08-01 13:15:09

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Success story: how a lumberjack became CEO of cryptocurrency Fund

Maybe you even heard about it. Recently Olaf Carlson-Wee has joined the ranks of the most successful cryptobinding. In just a few years, the young entrepreneur has managed to turn $ 4 million into a major cription with a capital of $ 1 billion. His story was told .

How to make money with bitcoin

Olaf was interested in Bitcoin at an early age. The future businessman has written several articles about the crypt in College, but his teachers reacted to the skeptical theses. In a recent interview with Carlson-Wee was told that it was lit in him a great interest in new technologies.

In June 2011 Gawker published an article about Silk Road, where Bitcoin was mentioned. The concept of cryptocurrency seemed very interesting to me and I started to read more about this industry. By the end of College, I became literally obsessed with the crypt.

After graduation, Carlson-Wee for some time forgot about Bitcoins, so I started to work as a logger. However, addicted to the crypt took its toll and the young professional moved to Auckland, where he became the first employee hired by Coinbase. From the leadership of the then-unknown startup Olaf demanded a salary in Bitcoin.

I'm always skeptical of people who blindly trust in traditional financial systems. Although the blockchain is a complicated technology, it is fully transparent. I doubt that someone with the same confidence I can tell you about every aspect of the work of the Federal reserve Bank. We had probably the most disruptive technology since the invention of the Internet.

After three years as head of risk management Department at Coinbase Carlson-VI drew attention to the promising altcoins, he is particularly interested in Ethereum. Inspired by the innovation platform, Olaf decided to create their own cryptocurrency Fund. He wanted to develop an appropriate strategy for investing in altcoins. Recall that at that time they accounted for only 5-10 percent of the total capitalization of the stock market.

The Businessman called the Fund «Polychain». Initiative Carlson-Wee has paid off almost immediately — the Fund has become popular among friends and other investors. In the beginning Polychain operated with $ 4 million dollars of capital. A couple of years the capitalization of the Fund managed to grow more than 200 times.

When asked about the secret of the success of the company Olaf answered briefly.

I just invested in a crypt.

The Businessman also noted that the experience gained in Coinbase, greatly helped him in managing the assets Polychain.

I knew a lot about the things that you want to establish for the normal functioning of the Fund. All of these things I have done in Coinbase.

In the Wake of his success Polychain even went to a Fortune «Ledger 40 Under 40». This is the list of the most successful young businessmen in kriptonyte. Most likely, the experience and talent of Olaf Carlson-Wee will bring the Fund more popularity in the future.

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