An anonymous figure has reimagined gift-giving this season of generosity by scattering stickers with QR codes that transfer cash to people electronically via a scannable QR code. The man’s name is BitcoinMan, and he’s on a mission to spread the message around Bitcoin Cash and the power of Cryptocurrency.
In the last half-decade, the amount of cryptocurrencies available and each one’s valuations has risen immensely in record time. Cryptocurrency is becoming one of the newest ways people get rich. And while there is very little understanding about how it works and how people can maximize this new form of wealth, there are those that seek to educate more and more people about the promise attached to crypto.
One such individual is BitcoinMan, who hides behind an alias and spreads awareness through acts of kindness in the form of monetary gifts via citywide treasure hunts. His main form of transferring wealth is by spreading stickers with scannable codes, which give people amounts of anywhere between $5 to $$1000.
Since he started on his quest to build awareness around cryptocurrencies, BitcoinMan has now given out a total of $10,000 in three major cities, including Bakersfield, Fresno, and Santa Barbara. The masked benefactor first made plans of giving away Bitcoin (BTC), but given how high the fees have become, he moved instead to Bitcoin Cash.
Bitcoin Cash branched away from Bitcoin in 2017 due to Bitcoin Core’s developers refusing to address high fees and long confirmation times. The price of Bitcoin Cash is hovering around $315, it’s community and usage is growing.
Many predict the price of Bitcoin Cash could rise as high as $3,000. On December 17, the internet entrepreneur and political activist Kim Dotcom spoke about bitcoin being a “great asset for storage,” and then further stressed that bitcoin cash was “great for payments.” Dotcom said he expects bitcoin cash to jump in value by 900% next year and reach a $3k per unit handle.
No one knows who BitcoinMan is yet, and the mysterious philanthropist is yet to make any revelations connected to his identity. But in total, he has made people aware of his plans of giving over $100,000 worth in Bitcoin Cash away to people all around California in the new year. His only goal is to build greater awareness around Bitcoin Cash and other cryptocurrencies through all of the generous gifts. He doesn’t promote any specific trading platforms, products, services, or personalities. He focuses on the power of Bitcoin Cash as a whole.
Some have speculated that BitcoinMan is a wealthy crypto trader who has found meaning and purpose in spreading the good news and sharing the blessing with others. Whoever he is, many recipients are more than grateful for his generosity. Their curiosities have indeed been picked by what Cryptocurrency can do for them, given that one man would go out of his way to travel from city to city to give thousands of dollars in cash to others. There hasn’t been much news about where BitcoinMan will strike next, but he has created an Instagram account that he regularly updates.
The crypto advocate and charity champion still seems to be active, so people all over California anticipate his next move and await what else BitcoinMan has up his sleeves.