Erik Finmann: We need a new, uncompromised cryptocurrency

Erik Finman, 19, has dropped out of school at the age of 15 to become an entrepreneur. Now he's a bitcoin multimillionaire. Finman became known to the public last year when the value of Bitcoin on the market reached the $ 1 million mark, which meant that he won a bet against his parents and that he did not have to go to college.

Now, thanks to the recent wave of growth in the market and cryptocurrency prices, Finman's personal wealth grew to about 4 million, and he began to deal with other cryptos.

• Still, I'm disappointed with the situation in that market - says Finman.

You're watching the first generation of cryptocurrencies living and probably dying.

In the next few months, we will present our Master Plan for a new cryptocurrency, "Finman announced.

Technical details will be revealed later, but the big idea is that the new digital currency is everything that Bitcoin is not.

He says his team has the idea to reduce electricity costs for cryptocurrencies, and that their project will be more user-friendly - it's hard to use and requires loading complicated transaction software.

Experts for cryptos say, however, that Finman's ideas are easier to say than do. These problems are already known in the crypto world, but many consider them as hereditary block-chain constraints, technology behind Bitcoin, and other digital currencies.