Bitcoin billionaire allegedly found dead

Despite his extreme views, he had a tremendous impact on the Bitcoin movement.

Billionaire death

Bitcoin billionaire and crypto-exchange founder Mircea Popescu reportedly drowned off the coast of Costa Rica, according to a short and rather ambiguous report by local television broadcaster Teletica.

According to the report, the country’s investigative body confirmed the death, but it remains unclear whether a body was recovered or not.

Bitcoin Magazine also spoke to several women involved with Popescu who confirmed the claim that he had died.

The controversial pioneer was one of the largest single owners of the cryptocurrency. He was 41.

Popescu was one of the earliest adopters of Bitcoin, according to Bitcoin Magazine, and founded the MPEx bitcoin exchange and a highly controversial Bitcoin blog in 2012, where he voiced his often sexist and bigoted views.

Given its enormous wealth – its holdings would have been worth nearly $ 2 billion by the time Bitcoin hit an all-time high in mid-April – the crypto market is now wondering what will happen to all of these assets. It’s a timely reminder that without a backup plan, digital currency holdings can easily be wiped off the ground if their owner dies.

Not for swimmers

The billionaire reportedly swam on a beach that was not intended for swimming. The currents are very strong in the area and can easily pull swimmers into the open sea.

Teletica last week reported a foreigner drowning on a beach, but identified Popescu as a Pole despite being a Romanian resident, undermining the credibility of his coverage.

In other words, it seems at least theoretically possible that Popescu could have faked his death.

Sexism and bigotry

Popescu was a controversial figure in the field, claiming to be the “greatest adult writer in the world” according to Bitcoin Magazine. He was reportedly implicated in a number of documented cases of sexism, bigotry, and anti-Semitism.

According to the magazine, his typefaces often use a stark and moody style. His blog was so controversial that it was banned in India, according to CNBC.

CONTINUE READING: Mircea Popescu, Bitcoin blogger and provocateur, reported dead at 41 [Bitcoin Magazine]

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