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Bitcoiner Raises Orange Flag on Everest

Bitcoiner Raises Orange Flag on Everest

Bitcoiner Raises Orange Flag on Everest

Dadvan Yousuf, a 23-year-old bitcoiner ascended Mount Everest and planted a Bitcoin flag at its 8,849-meter summit on May 25th.

At an elevation of 8,849 meters, which is the highest point on Mount Everest, a cryptocurrency user who is 23 years old has delivered an orange flag that bears the Bitcoin (BTC) emblem for observers to view.

Bitcoiner Ascends Mount Everest

Dadvan Yousuf announced in a post on May 23rd that he had successfully ascended the world’s highest mountain, reaching the peak on May 25th. In the presence of sherpas and other climbers, he made use of his time at the peak to display two flags.

one for Kurdistan and the other for the Bitcoin and Bitcoin Cash emblems. It’s interesting to note that other climbers inquired about the memecoin pepe and the best location to purchase it while they were on the highest point on earth.

“The sherpas were clearly experiencing a great deal of joy and enthusiasm regarding the fundamental concept of Bitcoin.”In his statement, Yousuf stated that the purpose of the voyage was to bring attention to the “global disparity in access to financial education.”

Bitcoiner
At the top of Mount Everest on May 20. Source: Dadvan Yousuf

The Bitcoiner’s net worth reportedly exceeded $300 million as of January 2022. The Bitcoiner was born in Iraq, but his firm is now based in Dubai. Over the past twenty years, overtourism has become an increasingly persistent issue on Everest over the course of the past twenty years.

The summit’s first-ever social media publicity causes a significant number of climbers who have never climbed before or lack experience to arrive unprepared for the challenging conditions. Yousuf stated that it took approximately fifty days to reach the peak, which provided the Bitcoiner with sufficient time to adjust to the diminished air pressure.

Despite the fact that more than 7,000 climbers have attempted to reach the peak since Sir Edmund Hillary did so for the first time in 1953, more than 300 people have been known to die while doing so.

Yousuf said in an interview, “I fell down the Hillary step twice and almost died several times.” I came dangerously close to losing my fingers to frostbite when I was on the excursion. It is to my sherpas who assisted me that I owe a great deal to my sherpas, who assisted me.

There have been instances in which crypto users have pushed digital assets while climbing, even though they have never tried anything as high as Everest. In 2023, a climber used Bitcoin to finance his ascent to the summit of Mount Kilimanjaro in Tanzania.

They took this action to underscore the significance of financial literacy. In 2018, three individuals placed a Ledger wallet at the peak of Everest, however, the wallet was not visible in the videos.

On March 14, the price of the cryptocurrency reached a new all-time high of $73,738.

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