Cryptocurrency bitcoin
The Craigslist of Crypto Is Making Millions Where Bitcoin Is Needed Most
That's how much revenue LocalBitcoins is now generating annually off a business that started back in 2011, all with an investment of just a few thousand dollars.
And reflecting the global tide, 40 percent of those users have signed up in the last six months.
All that is according to Nikolaus Kangas, the CEO of the company, who started the venture with his brother Jeremias at a time when there weren't many options outside meeting up face-to-face to trade bitcoin. But the online portal continues to thrive even as the landscape of polished VC-backed exchanges (and even bleeding-edge decentralized alternatives) matures.
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