Now, Finman, who built his first company while still in high school, is launching a new startup called CoinBits, which allows users to passively invest in bitcoin.
The idea, according to Finman, is to democratize access to the currency by letting everyday folks invest nominal sums through well-known mechanisms like roundups on transactions made with a credit or debit card or through regular transactions from a customer’s savings or checking account to bitcoin through CoinBits.
Every transaction also helps Finman’s own bitcoin holdings grow, and makes the young entrepreneur a little wealthier himself through his bitcoin holdings.
Users can make one-time investments of $10, $25, $50 or $100 through the web-based platform and can establish a level of risk for their holdings.
Finman’s … Read the rest