Bitcoin

April

Everest

A 23-year-old crypto user plans to show off an orange flag with the Bitcoin (<a href="https://cointelegraph.com/bitcoin-price">BTC</a>) logo at the summit of Mount Everest to raise awareness for global financial literacy.
In a Feb. 28 X post, Dadvan Yousuf <a href="https://twitter.com/Cryptonnis/status/1762744266684514670" target="_blank" rel="noopener nofollow">announced</a> plans to climb the highest mountain in the world sometime between April and May, showing the BTC flag at the summit before taking it back to base camp. He said the trip was intended to highlight the “global disparity in access to financial education.”
Yousuf reportedly <a href="https://www.blick.ch/wirtschaft/frueher-fluechtling-heute-superreich-dadvan-yousuf-ist-der-juengste-selfmade-milliardaer-der-schweiz-id17151361.html" target="_blank" rel="noopener nofollow">purchased</a> roughly $340 worth of Bitcoin in 2011, later investing in Ether (<a href="https://cointelegraph.com/ethereum-price">ETH</a>) and nonfungible tokens (NFTs). Born in Iraq and with a business now based in Dubai, his reported net worth was more than $300 million as of January 2022.
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 <img src="https://s3.cointelegraph.com/uploads/2024-02/d8e755e3-4910-419e-b08d-653f74ff8f01.png" alt="" title="">
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 Dadvan Yousuf (right) being interviewed in November 2022. Source: Instagram
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Overtourism at Everest has become an increasing problem in recent years. With the summit being featured on social media for the first time, many first-timer climbers come unprepared for the harsh conditions. Eighteen people <a href="https://explorersweb.com/everest-final-2023-death-toll-worst-ever/" target="_blank" rel="noopener nofollow">died</a> attempting to reach the top of the world in 2023, many of them in the “death zone,” hiking at altitudes above 8,000 meters.&nbsp;
Trash, in particular, has also <a href="https://education.nationalgeographic.org/resource/trash-and-overcrowding-top-world/" target="_blank" rel="noopener nofollow">become</a> a problem on Everest, with climbers discarding oxygen tanks, food, camping supplies and feces en route to the top. Yousuf said his plan to reach the summit at 8,849 meters included taking everything back down with him.
“I’m committed to leaving no trace, including no flags,” Yousuf told Cointelegraph. “Preserving Everest’s pristine environment is crucial to me. I’ll ensure minimal impact and only leave footprints behind.”
He added:
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 “Bitcoin has fundamentally changed my life since it entered it. As Bitcoin approaches its all-time high, I plan to hoist the Bitcoin flag at the top of the world.”
</blockquote>
Related: <a href="https://cointelegraph.com/news/bitcoin-builder-climbs-kilimanjaro-raise-awareness">Bitcoin builder climbs Africa’s tallest mountain to raise awareness</a>
Other climbers have made attempts to promote cryptocurrency on mountaintops. In 2018, three crypto enthusiasts announced that they planned to <a href="https://cointelegraph.com/news/ukrainian-ico-publicity-stunt-on-mount-everest-results-in-death-of-sherpa">place a Ledger wallet</a> at the Everest summit, but one of the sherpas accompanying the trio died on the descent. In 2023, a climber <a href="https://cointelegraph.com/news/bitcoin-builder-climbs-kilimanjaro-raise-awareness">financed his trip</a> to the top of Mount Kilimanjaro in Tanzania partly with Bitcoin as part of efforts to raise awareness for financial literacy.
At the time of publication, Bitcoin had briefly&nbsp;<a href="https://cointelegraph.com/news/bitcoin-price-hits-64k-as-traders-anticipate-new-all-time-high-before-halving">surged to a 2024 high price</a> of $64,000 before dropping under $61,000.&nbsp;
Magazine: <a href="https://cointelegraph.com/magazine/digital-yuan-adoption-payments-regulation/">How the digital yuan could change the world… for better or worse</a>

Bitcoiner wants to plant the orange flag on top of Everest

Cointelegraph

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