Alec Strasmore remembers the exact moment in 2013 that he decided to buy bitcoin for the first time.

“I was sitting in a limousine bus for my cousin’s bachelor party,” he recalled. “I was a 21-year-old kid and I had a choice. Was I going to spend the $1,500 in my own digital currency that might be a bet on the future, or was I going to spend the money on a table in the nightclub?”

Strasmore ultimately opted for the latter, at a time when the cost of bitcoin was roughly $250 per coin. “For me, the answer was very clear. I doubled down and bought five and a half bitcoin.”

An early crypto journey

From there, Strasmore tried to convince everyone around him to follow his example, although he admits that many people…