Ohio’s Bitcoin Pioneer Falls Victim to Market Volatility
Crypto Lifestyle
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Mandel made history in 2018 by launching OhioCrypto.com, the first U.S. government platform allowing businesses to pay taxes in Bitcoin — a bold step that made Ohio an early blockchain leader.
The program was later suspended in 2019, but Mandel remained a vocal Bitcoin advocate. His recent trading loss shows that even crypto pioneers can misjudge market timing in the high-volatility world of Bitcoin derivatives.
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Even veterans get caught in the swings — volatility spares no one.
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A painful reminder that conviction without hedging is just hope. 🧠