RATE Group | Jimmy Song: The making of a Bitcoin maximalist
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Jimmy Song: The making of a Bitcoin maximalist

Jimmy Song: The making of a Bitcoin maximalist

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Bitcoin entrepreneur and educator Jimmy Song is standing on an upturned beer barrel in Riga’s oldest cellar restaurant, surrounded by ravaged hunks of meat, dead birds and androgynous-looking serving staff dressed like characters in the Latvian version of Grimms’ Fairy Tales. An auction is in progress. 

Bids rain down from Song’s fellow Bitcoin enthusiasts—including Francis Pouliot CEO of Canadian exchange Bull Bitcoin, and What Bitcoin Did podcast host Peter McCormack. A tense battle ensues. Finally, 15 million Satoshis ($13,000) secures Song’s trademark cowboy hat for McCormack. 

To McCormack’s mild chagrin, Song later announced that the hat was one of many. But the proceeds of its sale will go to the worthiest of Bitcoin causes: the distribution of his latest venture, “The Little Bitcoin Book,” which he describes as a gentle introduction to Bitcoin, and its potential to change the world from a monetary perspective. 

Song was in Riga for September’s Baltic…

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