These Celebrities Earned Millions, All Because They were “Crypto-curious”
Until recently, the general public had no interest in cryptocurrency which, almost exclusively, excited the developers, engineers and entrepreneurs, involved in its conception since a decade. But the bitcoin bubble in 2017 saw cryptocurrencies soaring in value, with millions purchasing crypto-shares and setting up own mining farms. The value of bitcoin has dropped over the past year, but experts predict a new cryptocurrency boom in 2020. With a number of public figures investing fortunes in cryptocurrency, many more are investing in cryptocurrency for business ventures and more. Here are a celebrities who publicly back various cryptocurrencies:
Despite reservations about Bitcoin, Gates is a fervent bitcoin-investor as he believes Bitcoin is very exciting because it shows how cheap it can be. Bitcoin is better than currency as you need not be physically in the same place and for large transactions, currency is rather inconvenient.
Actress Gwyneth Paltrow receives much media-attention, often for dodgy healthcare advice, on her lifestyle website “Goop,” and her involvement in various business ventures. She is a fan of crypto, endorsing the bitcoin wallet, Abra, and is an advisor there since August 2017.
Although not revealed as to how many albums were ultimately sold, Snoop Dog sold each of his albums for 0.3 BTC in 2013. Based on bitcoin value today, he possibly earned about $1,000 per album. The artists also appeared at a XRP Community Night crypto party.
Founding his own investment firm called “A-Grade” in 2010, Kutcher also put his money in UnikoinGold, following Mark Cuban of Shark Tank fame. The e-sports gambling startup which marketed currency, called Unikrn, markets UnikoinGold as the currency to be used for betting on teams. The actor earlier had invested in Uber, Airbnb, and BitPay.
After using his money to invest in Bitcoin, Mike has invested in Bitcoin ATMs, which carry his trademark face tattoos and through Bitcoin Direct, he plugs a Bitcoin Wallet with the same branding as the ATM. In 2015, he launched a Bitcoin ATM system (virtual wallet-operated).
In late 2017, Lionel Messi agreed to become an ambassador for Sirin Labs, an Israeli company which produced the first crypto smartphone in the world, with his backing. The Finney phone is now available with a variety of features assisting crypto-users.
Mel B accepted bitcoin payments for her 2014 Christmas single through a partnership with CloudHashing, a big company offering bitcoin-mining contracts. The artist loves how new technology makes lives easier and exciting, while announcing her acceptance of crypto-payments as Bitcoin united her fans around the world using one common currency.
Madonna and Bill Clinton are among many involved in advocacy about the ease and security of using cryptocurrency as a payment method. Facebook and Ripple teamed up with ‘The Queen of Pop’ for an on-line fundraiser to benefit her Raising Malawi Foundation. Ripple matched each dollar donated for the campaign, with Madonna commending Ripple’s involvement as a generous commitment to her organization.
Johnny Depp has received excessive publicity over the past few years, partly due to some unusual spending habits, but the actor hasn’t been afraid to get involved in crypto. Last autumn, the actor became a partner at blockchain start-up TaTaTu, the platform which rewards users with tokens for interacting with content such games and films.
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