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Oil Tycoon Calls BTC a ‘Solution’ to Energy Crisis, Invests $58 Million As more successful business magnates converge on Bitcoin, its potential weaknesses seem less relevant. Last updated on March 08, 2021 Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. For the past year, we have become used to multi-billion dollar companies buying up Bitcoin. However, there were not that many old-school industrial conglomerates taking the blockchain leap, until now. Norwegian Aker ASA ...

For someone who devotes so much of his life to Bitcoin and finance — and who has made and lost a small fortune twice now — podcaster Peter McCormack doesn’t actually seem to care that much for money. “I did have a lot of money in my life a couple of times,” says the 42 year old on a call from his home in Bedford. “But the wealthiest time of my life was the most miserable. I had a company in London that turned over three million a year. Big team. Money in the bank, good salary,” he says. “My marriage broke up and I couldn’t have been in a worse place. Money didn’t make a di...