Why didn't he take the $100K and bought more bitcoins instead? Granted that there has to be some tax consideration, but tax rate has to be as high as 40% in order for both of the cash option and the bitcoins option to breakeven. If the tax rate was at 40%, then he could get $60K after tax and would be able to buy 300 bitcoins at the market price ($200 at the time). Moreover, one day when he sells the bitcoins, he can dedect $200 on each of the bitcoins from the capital gain as cost.
Maybe he did... But if he would say he bought more BTCs, many eyes would grow over him and his family, better to keep in secret if he did that. It's never good to flaunt yourself, especially when we talk about money.
Dropping out of highs school is never a good idea. You learn things there that you will need later on in life. He was clever to have made this decision and I am glad he came out on top. This is another story of a wealthy young man who is retired for life living off investments.
If I had made a lot of profit like that guy I would have particular lessons, if the goal is to learn, you could learn faster with a teacher only for you. At school with dozens of students for one teacher in the class it's hard and takes time to learn.
