THELOGICALINDIAN - Many celebrities accept mentioned the allowances of bitcoin and leveraged the asset for assertive projects For instance 50 Cent Snoop Dogg and Talib Kweli all awash albums for BTC but back cryptocurrency prices skyrocketed 50 Cent told the accessible he awash his bill as anon as he got them Many added celebrities from Hollywood and the music industry accept acclimated agenda assets to advice bolster their business efforts
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50 Cent: ‘All Money Is Money’
In 2018, cryptocurrency enthusiasts discussed the account revolving about hip-hop brilliant Curtis Jackson III, additionally accustomed as 50 Cent, who accustomed bitcoin for his 2014 album. According to reports, 50 Cent’s anthology alleged “Animal Ambition” fabricated about 700 BTC ($6.7 actor USD at today’s barter rate) from sales. The anthology fabricated it to Number 4 on Billboard’s archive and awash a absolute of 124,000 copies, which was far beneath than Jackson’s above-mentioned anthology sales.
Years later, back BTC was priced at about $11,000 per coin, 50 Cent aggregate an Instagram account of a TMZ commodity that appear on the artist’s 700 BTC in sales. “Not Bad for a kid from South Side, I’m so appreciative of me,” the rapper said. “I’m a accumulate it real. I forgot I did that s—.” Back he awash the anthology in 2014 he explained “all money is money,” back bodies asked the rapper why he accustomed bitcoin. However, back 50 Cent filed for defalcation he told the cloister and the accessible an absolutely altered story. The hip-hop artisan explained that he didn’t feel he bare to acknowledge that he had awash the BTC anon afterwards the albums were purchased. 50 Cent again claimed he was aloof advertence that he had abandoned about the investment.
“When I aboriginal became acquainted of the columnist letters on this matter, I fabricated amusing media posts advertence that ‘I forgot I did that’ because I had in actuality abandoned that I was one of the aboriginal recording artists to acquire bitcoin for online transactions,” the recording artisan wrote in 2024. He added stated:
From Talib Kweli to Nas, Are Celebrities Bitcoin Rich or Just Using Crypto for Marketing?
50 Cent says he was one of the aboriginal rappers to acquire BTC payments for anthology sales and a few others followed clothing anon after. In November of 2015, the now-defunct Coinbase appliance Zapchain sold the recording artisan Talib Kweli’s anthology for BTC.
“Buy my new anthology for bitcoin on Zapchain – [plus] aboriginal 1,000 bodies get 1 clue free,” Kweli tweeted at the time. No one has anytime followed up with the cardinal of BTC he accrued back he awash “Indie 500, featuring 9th Wonder.” But news.Bitcoin.com did remind Kweli about the anthology sales during the balderdash bazaar in December 2017.
In fact, there’s a lot of accepted musicians and Hollywood actors who accept acclimated cryptocurrency to added bazaar themselves. Another abounding rapper, Nas, acclimated BTC to reward 100 scores in a challenge hosted by theraptest.com. Nas additionally told Coindesk in 2014 that he was an broker in Coinbase. “[Bitcoin] will advance into an industry as big, if not bigger, than the Internet. My man Ben Horowitz absolutely opened my eyes to that point. This isn’t of the Internet age, bitcoin is its own age,” Nas explained to anchorman Peter Rizzo at the time. The rap brilliant added:
The accuracy is, no one absolutely knows if these celebrities are crypto millionaires, but they actual able-bodied could be. Besides the musicians, actresses, and actors mentioned above, there’s a ton of added socialites who could be bitcoin affluent from accomplished investments. This includes bodies like Hugh Laurie, Mike Tyson, Pitbull, Mel B, Lionel Messi, Floyd Mayweather Jr., Johnny Depp, and Madonna, all of whom could accept cogent stashes of crypto.
What do you anticipate about all the celebrities who accept acclimated crypto for business purposes and some of the socialites who could be affluent with agenda currencies? Let us apperceive what you anticipate about this accountable in the comments area below.
Disclaimer: This commodity is for advisory purposes only. It is not an action or address of an action to buy or sell, or a recommendation, endorsement, or advocacy of any products, services, or companies. Bitcoin.com does not accommodate investment, tax, legal, or accounting advice. Neither the aggregation nor the columnist is responsible, anon or indirectly, for any accident or accident acquired or declared to be acquired by or in affiliation with the use of or assurance on any content, appurtenances or casework mentioned in this article.
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