Many people often complain when they look at the price of Bitcoin that it is “too expensive” an investment to consider. Meanwhile, in the heart of the city of Limeira, in São Paulo, Bruno OliveiraKnown as the “Crypto Scrapper”, it challenges this idea and proves that passion, dedication and vision are more important than large amounts of money.
Inspired by an episode of “The Big Bang Theory,” Bruno, who sells cans to buy fractions of bitcoin, is now a sensation in the cryptocurrency market. The quirky combination of his passion for recycling and his interest in the crypto world has captivated many in the community.
“My enthusiasm for cryptocurrencies was sparked after watching an episode of The Big Bang Theory, and since then I have immersed myself in studies without looking back. With the limitations of a fixed salary, I came up with the idea of recycling cans.” — said in an interview with Livecoins.
Convert cans to Bitcoin
The discovery of Bitcoin by Scrapper Crypto was not merely a coincidence. It was the result of a conscious search that led him to see the potential of digital currencies.
For him, Bitcoin represents not only an investment opportunity, but also a way to protect oneself against the devaluation of the real and financial systems that often disadvantage the population.
“My initial motivation came from understanding one of the foundations of bitcoin, with its limitation to 21 million units. I realized that even if I invested modestly, I wouldn’t get rich, but I wouldn’t get poorer either. Another reason was the desire to have custody of my own money, free from paternalistic governments…’
With money generated from recycling cans and saving on small everyday pleasures, he takes a disciplined investment approach.
“Every week, even if it is only 1 real, I invest it in bitcoin.” he said, adding that he also invests in other cryptocurrencies, but most recycling resources are focused on buying bitcoin.
According to Bruno, each kilo of cans, almost 70 pieces, can be sold for R$5.50, which translates into approximately 0.000042 bitcoins. This means that if Bruno wants to become rich in Bitcoin in the coming years, with 0.03 BTCs in his possession, he will have to collect approximately 53,000 cans (790 kg).
Explaining the above statement: if we consider the millionaires in the world and their possible participation in the cryptocurrency market, each of them could have only 0.3 bitcoins, including bitcoins that have not yet been mined.
And if we go deeper and consider all bitcoins that haven’t been moved in the last five years as lost, we would only have 14 million bitcoins available to change hands.
This would result in a distribution where each millionaire would have the opportunity to own just 0.28 bitcoins, assuming an even distribution of supply.
Obviously, not everyone will get the chance to own Bitcoin, or at least a fraction of the cryptocurrency.
According to recent studies, one of the main reasons for the popularization of Bitcoin is the lack of people owning at least a fraction of the cryptocurrency. The data shows that only 40 million companies and entities around the world currently trade digital currencies.
This amounts to only 0.3% of the total world population. Furthermore, according to current calculations, with approximately 7.7 billion people on the planet, there is only 1 bitcoin per 333 people.
“Buy Bitcoin”
Contrary to general concerns about Bitcoin volatility, Crypto Junk sees market fluctuations as opportunities.
He says: “For someone like me, who invests modest amounts, the volatility is very favorable.” And his commitment to investing is evident in his cautious approach of never touching money intended for basic needs.
For those hesitant to make the leap into crypto due to financial constraints, he has simple advice: “Be creative”. After all, it was creativity that led him to transform recycling cans into a viable source of bitcoin investment.
Your dreams and ambitions go beyond investing. He has visions of boosting local businesses by accepting Bitcoin and other cryptocurrencies as payment.
“My goal is to buy a Kombi or Doblò to sell my mother’s products, accept Bitcoin as a means of payment and do something unique in the city that accepts cryptos.”
Furthermore, he expresses his desire to celebrate his love for his wife Gisele on the blockchain, once again demonstrating his deep connection to the crypto world.
As for investing in the traditional market, Bruno says he doesn’t like it because the stock market doesn’t seem viable for investing amounts as small as 1 real.
The story of the “Crypto Scrapper” reminds us that the world of cryptocurrencies is not exclusive to millionaires. With the right determination and creativity, anyone can carve their own path in the crypto ecosystem and perhaps change their life in the process.
We think that in a few years, Bruno could be one of the lucky visionaries in the digital world who gambled on Bitcoin when many hesitated.
Check out Bruno’s story published by the channel below Digital investments.
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Source: Live Coins
Barry Siefert is an accomplished journalist and author at The Nation View. He is known for his expertise in the field of cryptocurrency, and has written extensively on the topic. With a background in finance and economics, Barry has a deep understanding of the underlying technology and market forces that drive the crypto industry.
