Cryptocurrencies
An Early Bitcoin Millionaire Loses ‘Love for the Industry’
- Jered Kenna has rebuilt his life outside of crypto, in beer
- ‘Now the only thing people focus on is making money,’ he says
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As Bitcoin crashed 20% in late September, Jered Kenna -- one of the first Bitcoin millionaires -- returned to Twitter after a three-year hiatus with a startling statement, saying he “lost the love for the industry.”
In the early days, “all we talked about was things that actually had substance, and very few people were talking about making money,” Kenna said in a phone interview last week from Texas, one of his home bases. “And now the only thing people focus on is making money.”