Bitcoin’s Fame: A Few Celebrities That Back the Cryptocurrency
The history of cryptocurrency is filled with stories about people who go to bed as regular, every day, working stiffs, and wake up finding that their bitcoin assets have tripled, making them millionaires.
In fact, a study done recently showed that a quarter of all millennial millionaires have invested a huge chunk of their wealth in cryptocurrency.
And it isn’t just the everyday Joes that benefit from bitcoin. Many celebrities have publically, or privately spoken out in support of cryptocurrency, with many of them making hand-over-fist in bitcoin investments.
One such case was Curtis Jackson, more commonly known as 50 Cent, who allowed bitcoin purchases for his 2014 album Animal Ambition. The assets he made selling his album increased to $8 Million by 2018.
Curtis Jackson is not the only celebrity that has spoken publically about his support of bitcoin.
There have in fact been quite a bit of Hollywood stars, singers, tech moguls, or otherwise famous people who have supported Bitcoin, or cryptocurrency in general.
But before we look at a few of them, let’s first discuss how one can make money off of Bitcoin.
How to Trade Bitcoin
The best, and easiest way to start your trading journey, is to register an account on one of the many crypto trading sites like Bitcoin Billionaire.
What makes these sites so great, is their emphasis on supporting new investors. They achieve this through an accessible interface, and many crypto trading tutorials which help new investors find their way in the world of cryptocurrency.
The most appealing thing about these many websites, is their incorporation of artificial intelligence technology, the goal of which is to analyze the fluctuating prices of the market, and
predict the future of said prices, sending the data back to users, and thus making sure users will maximize their profits.
Now that we’ve talked about how crypto trading works, and how one can profit, let us take a look at a number of celebrities who have openly supported the phenomenon.
Gene Simmons is one of the most important figures in rock history. Bassist and frontmen of one of the biggest rock groups of all time, KISS, Gene Simmons is also popular for his acting career, and his stint in the Reality TV business.
Mr. Simmons has, over the years, expressed his support of the cryptocurrency, Cardano. He first expressed his support of Cardano (ADA) on twitter, claiming that it is the best option as it is under a dollar, making it available to anyone.
Since then, Cardano’s price has risen above a dollar, now being worth $1.18, and considering it is a stablecoin, it is expected to remain stable in the future.
Mr. Simmons also has expressed his support of the memecoin, Dogecoin, calling himself the Dogecoin God, and claiming he has bought six figures worth of the meme currency.
Mark Cuban is an American entrepreneur, businessman, and owner of the Basketball team, the Dallas Mavericks. He is also famous for his sudden support of cryptocurrency like bitcoin, and ethereum.
While in the past, Cuban was a detractor of cryptocurrency, as of 2020, Mark Cuban has stated that he believes Bitcoin’s price will keep rising in the future, and adding that he believes Ethereum might even exceed Bitcoin as the most valuable cryptocurrency.
Apart from these two, many others have expressed interest, and trust in digital assets. Logan Paul, a controversial Youtube Entertainer has purchased NFTs and expressed his support for bitcoin and other digital assets.
Twitter CEO Jack Dorsey is a known Bitcoin investor as well, and Snoop Dogg is a die-hard supporter of digital currency in general.
Bitcoin, and cryptocurrency has become quite popular in the boxing world, with many famous boxers, like Mike Tyson, Floyd Mayweather, and Tyson Fury have all expressed support of bitcoin.