Illinois State Lottery Winner Puts Half His $500,000 Into Bitcoin
Marie Huillet's original article for cointelegraph.com reduced by 51%
"I don't intend to touch any of it for at least another year. I set aside money for emergencies, I set aside money for myself, and I set aside money for tattoos. The only major purchases I've done is bought a new car for myself and put a downpayment on a house." "The popularity of this tweet makes me question if average people still falsely associate Bitcoin with lottery.
Bitcoin is sound money. But if I tweet that, it will only get 20 likes." Bitcoin's current market cap of approximately $167.8 billion represents around 73% of state and local lottery revenue between 2008-2017, which totaled $228.8 billion, according to Statista data. A new survey of United States residents estimated that 36.5 million of them now own some form of cryptocurrency - representing a twofold increase, from 7.95% in 2018 to 14.4% in 2019.
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CN [too long; didn’t read]
Summarised crypto news.