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Mpho Dagada's interest in Bitcoin was ignited when he was in his first year at the University of Johannesburg in 2013 after opening his own laundry and cleaning service company. He invested his profits from this company in Bitcoin. He currently owns a logistics company, a chain of fast food restaurants and is in the process of developing the first black-owned cryptocurrency exchange platform.
This book is both motivational and practical, examining the errors and pitfalls that Dagada had to go through in his business pursuits. These included falling for Ponzi schemes like Kipi and losing his money on more than one occasion. Through these many lows were lessons of great value which ultimately led to the endless possibilities that Bitcoin presents for those interested in creating wealth through trading cryptocurrencies and running a successful business.
Dagada is confident in the viability of Bitcoin and ascertains that "we will never understand the money of the future without learning how money came about in the first place. Blockchain and Bitcoin are now pioneering a new online financial world. Cryptocurrencies will replace fiat money in the end, as they are faster, better and more convenient than all the earlier forms of currency."
Summary | Mr Bitcoin: How I Became a Millionaire at 21 is Mpho Dagada's personal journey from a passionate 14-year old, inspired by the prosperous businesses run by his father and grandfather... |
Author | Mpho Dagada |
Publisher | Jacana Media |
Release date | 20180501 |
Pages | 174 |
ISBN | 1-4314-2672-5 |
ISBN 13 | 978-1-4314-2672-0 |