Damien, 29, values real economy after crypto fortune

At 29, Damien turned his speculative crypto gains into an entrepreneurial career, realizing the importance of the real economy and concrete work. A finance student in 2017 in southern France, he became fascinated by blockchain, seeing it as a revolution akin to the internet in the 2000s.

Damien, 29 years old, shares his journey in a series on those who bet on cryptocurrencies. In 2017, as a finance student in southern France, he shared a flat with two friends from the same business school. Fascinated by these virtual assets born in 2008 from Satoshi Nakamoto's invention, they delved into blockchain technology.

"I saw in blockchain a break comparable to that of the internet in the 2000s. It was exciting," recalls Damien. This excitement led him to attempt a risky investment that proved very profitable, allowing him to shift from abstract speculation to concrete entrepreneurship.

Today, he appreciates the importance of the real economy and the value of work, after experiencing the highs and lows of cryptocurrencies, with their spectacular gains but also significant loss risks. His story highlights the discipline and convictions needed to turn a bold bet into lasting success.

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French police arresting suspects, including a minor, in a cryptocurrency-linked magistrate kidnapping case.
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French magistrate and mother escape crypto-ransom kidnapping; six suspects arrested

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A 35-year-old magistrate and her 67-year-old mother escaped after 30 hours captive in southern France, aided by a neighbor, in a kidnapping tied to cryptocurrency demands sent to the magistrate's partner at a crypto startup. No ransom was paid, and six suspects—including a minor—were arrested days later amid a wave of similar crypto-linked abductions.

Vietnam's vibrant cryptocurrency market, once a leader in adoption, is now reeling from a sharp downturn in digital asset prices. With bitcoin's value nearly halved since its October peak, many investors and startups face significant losses amid regulatory uncertainties. The sector, which attracted 17 million owners, highlights the risks of speculation in a legally gray area.

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Severo De La Riva, a Class of 2026 graduate from Cal State Fullerton, has started the Titan Blockchain club to delve into cryptocurrency. The initiative stems from his prior investments in the sector and his roles in student investment groups. It partners with prominent firms to offer students hands-on exploration of blockchain and crypto finance.

Recent cryptocurrency news from Latin America highlights diverse approaches, with Argentina facing a fintech setback, Brazil considering a Bitcoin reserve, and El Salvador planning tokenized investments for SMEs. These moves reflect ongoing experimentation in regional crypto policy and finance. Lawmakers in Argentina revoked a proposal for digital wallet salary deposits, while Brazil eyes tax exemptions and reserves.

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A CoinDesk opinion column argues that cryptocurrencies have failed to deliver practical utility after over a decade of promises. Author VerifiedX’s Pollak highlights poor user experiences, speculative focus, and technical barriers as key reasons for limited real-world use. Global ownership remains below 10%, with even less actual usage for payments.

Despite market volatility erasing most yearly gains, 2025 marked cryptocurrency's deeper integration into traditional finance through regulatory clarity and stablecoin adoption. Banks and fintech firms expanded offerings, viewing crypto as infrastructure rather than speculation. This evolution highlighted a move from hype to practical execution.

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Ethereum co-founder Vitalik Buterin has voiced concerns over the European Union's Digital Services Act, warning it could eliminate space for controversial digital ideas. In a recent social media post, he advocated for greater user empowerment instead. This comes amid a surge in privacy-focused cryptocurrencies in 2025.

 

 

 

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