Rock Legend Gene Simmons Talks Bitcoin: Musician Believes China Is Behind the Ripple Lawsuit, Dollars Are Based on Nothing
featured

Rock Legend Gene Simmons Talks Bitcoin: Musician Believes China Is Behind the Ripple Lawsuit, Dollars Are Based on Nothing

THELOGICALINDIAN - The American artist colead accompanist and bassist for the bedrock bandage Kiss Gene Simmons has been actual articulate about cryptocurrencies during the aftermost two weeks Just afresh Simmons sat bottomward with Bitcoincoms podcast host Dustin Plantholt and the two discussed a array of capacity like the Ripple accusation and why the rockstar thinks cryptocurrencies are account owning

Gene Simmons Talks Crypto In an Upcoming Bitcoin.com Podcast Exclusive

Gene Simmons is able-bodied accepted for his bandage Kiss, the bedrock bandage that was formed in 1973 by Simmons, Paul Stanley, Peter Criss, and Ace Frehley. Simmons is additionally accepted for actuality an administrator over the years and aloof recently, news.Bitcoin.com reported on Simmon’s cogent his Twitter followers about which cryptocurrencies he owned. Last week, the bass amateur told his admirers he purchased BTC, ETH, LTC, DOGE, XRP, and added agenda assets.

This Saturday, Simmons joined Tesla architect Elon Musk and the hip hop artisan Snoop Dogg, and started tweeting about dogecoin (DOGE). Additionally, this anniversary the rockstar from Kiss got calm with Bitcoin.com’s podcast host, Dustin Plantholt, for a podcast sponsored by exchange.Bitcoin.com. During the conversation, Simmons told Plantholt that clashing best of his peers, he was a abecedarian and he apprehend about economics at an aboriginal age.

“When I was a kid I started account stuff, the affectionate of being that the added kids did not read,” the Kiss bassist said during the podcast. “So as you apperceive account is axiological and the added advice I got, the added questions I had. I abstruse about commercialism and how it works, how the government prints money. That it was already based on gold, and there lies the value, and again at some point in the accomplished afore best of you were born, the dollar was no best based on gold,” Simmons added. The artist added added:

“That’s ok if aggregate works,” Simmons insisted to Plantholt during the conversation. “Then the apple continues to somehow abject amount on dollars. Even the terrorists appetite to get paid in dollars and not by bounded beatnik coinage— I’m not the able and I’m not administering [you] or suggesting that anyone get into cryptocurrency, I’m aloof cogent you what I am doing. The added governments and that includes the United States government, abide to accumulate press money which is based on nothing, at some point, you gotta pay the piper.”

‘Crypto Has Roots With the People’

Simmons said that he jumped into the crypto arena three months ago and that he advised Satoshi Nakamoto and the agenda asset economy. When asked why it took him so long, Simmons explained that it takes some time for the earlier ancestors to get it sometimes, and oftentimes they never absolutely understand.

For instance, he recalled how earlier ancestors associates never accepted how he fabricated money, afterwards she formed a 9 to 5 job day in and day out. Simmons explained that money is changing, analogously to how influencers like the Kardashians accept afflicted the ball business.

“I did a little analysis about Satoshi and area he came from and what it was,” the Kiss frontman said. “It seems to me that the amount of things is bent by people. The amount of absolute acreage is alone based on what bodies say it is. The amount of gold is alone what bodies accede on what it is, and alike Wall Street and stocks based [on people’s valuation], you can accomplish your own valuation, but unless bodies buy the stock, it agency nothing,” Simmons stressed.

The Kiss bassist said that “crypto seems to be a affable acquaintance to that, which is that it has abundant added roots in people.” Simmons additionally acclaimed that a cardinal of able-bodied accepted individuals accept been absorbed in the crypto amplitude as well. Simmons brand cryptocurrencies because of this allure and abscess appeal.

“You accept your algid wallets, ad infinitum, all this cryptocurrency accent nonsense, that the blow of us don’t understand,” he explained during the interview. “But there’s a simple idea, and the simple abstraction is you’ve got a accouter of cards, and cryptocurrency is one of those things. You can aces litecoin, bitcoin… whatever. How it started and what the absorbed was is not the affair for me. The affair for me and the address for me is that bodies like it. [Notable people] whether it’s Elon, or whether it’s Camron and Tyler, there’s lots of absorbing people.”

‘The Buffet People Are Going to Change’

Moreover, Simmons said he had a chat about bitcoin with Mark Cuban and that crypto deniers are alteration or will change anon enough. “I had a altercation with Mark Cuban the added day and he commented on article about bitcoin,” Simmons detailed. “He is alteration too, the Buffet bodies are activity to change. You cannot abstain it, I apperceive that Goldman [Sachs] association are attractive at this, institutional money, and Scaramucci is attractive at it,” the artist added. Simmons added said:

That was alone a few account of the altercation with Bitcoin.com’s podcast host Dustin Plantholt and Kiss’s Gene Simmons. The chat delves added for addition 25 account and during one point of the discussion, Simmons said he believes China is abaft the contempo Ripple lawsuit. The artist additionally discussed music piracy and what he thinks about that trend that has developed decidedly during the aftermost decade. At the end of the interview, he told bodies not to accord up on money and that he was still into adored metals like gold and argent to this day.

The absolute Bitcoin.com podcast with host Dustin Plantholt and appropriate bedfellow Gene Simmons will air on Thursday, February 11, 2021. The adventure with the Kiss frontman is sponsored by the arch cryptocurrency trading belvedere Bitcoin.com Exchange. The belvedere offers a world-class trading engine, a ample array of crypto assets, and first-rate aegis that meets the needs of both crypto veterans and newcomers every day.

What do you anticipate about the accessible podcast with the rockstar fable Gene Simmons? Let us apperceive what you anticipate about this accountable in the comments area below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Twitter, Dustin Plantholt, Bitcoin.com Exchange, Bitcoin.com Podcast,