Erik Voorhees: Bitcoin’s Point Is ‘To Change the Whole Financial System of the Planet.’
Few figures in the bitcoin community are as controversial and visionary as Erik Voorhees, founder and CEO of the cryptocurrency exchange ShapeShift.
Back when cryptocurrency was in its infancy and its conferences included lectures delivered to empty rooms, Voorhees was helping to popularize bitcoin’s unique attributes with an unregulated online casino called SatoshiDice.
After he sold SatoshiDice, Voorhees was investigated by the Securities and Exchange Commission (SEC) and was fined $50,000, observing that the investigators didn’t seem to understand bitcoin. “As much as I hated government before,” he recalled, “then I was like, ‘man, this is what these people do, go around ruining innocent people’s lives.'”
The son of libertarian businessman and writer Jacques Voorhees, he discovered bitcoin in 2011 while living in New Hampshire as a member of the Free State Project. Voorhees was employee number three at BitInstant, an early exchange backed by Cameron and Tyler Winklevoss and whose founder, C
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