09 Apr '13, 10pm

The Man Who Gave His Life To Bitcoin

Erik Vorhees is what you might call a true Bitcoin believer: he is almost entirely invested in the currency, works at a Bitcoin-related startup, and spends a great deal of time in the Bitcoin "community," as you might call it — he's one of the best-known contributors to the /r/bitcoin subreddit. Yesterday, just before the price of a Bitcoin shot past $200, he posted a short item on Reddit called "An insider's opinion on the crazy Bitcoin market," explaining in detail why the price of Bitcoin was skyrocketing. It read like a dispatch from a different financial universe; in many ways, that's exactly what it was. But the most interesting aspect of the post was how deeply involved it revealed Vorhees, a hardcore libertarian, to be: he is betting on Bitcoin in a way that few of the people trading it today can claim. BuzzFeed spoke with Vorhees over Skype on Tuesday. BuzzFeed: S...

Full article: http://www.buzzfeed.com/jwherrman/the-man-who-gave-his-li...

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