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In the short time that it has been around, bitcoin has gained major prominence. Moreover, it is popular not only among regular everyday people, but also among some big names in the world of show business and tech. The reason for bitcoin’s surge in notoriety has to do with its proven history of profit-making. There have been so many cases of people becoming overnight millionaires thanks to their investment in this digital currency.
What’s more, it would seem that interest in bitcoin will only increase in the coming future. Surveys have shown that younger generations, people who are Millennials and Gen-Zers, are far more likely to invest in cryptocurrencies than to trust traditional investment institutions. Not only that, but Millennial millionaires have a quarter of their wealth invested in bitcoin. Many of them own NFTs as well.
One of the reasons bitcoin is so popular and successful has to do with easily accessible crypto trading sites. These sites make buying and selling cryptocurrencies super easy. They often provide investment tutorials for new users as well.
What’s more, they incorporate artificial intelligence that predicts fluctuations in the market. This helps users get the best returns on their investment. For example, one site that provides all these benefits and more is BitIQ review. This site has hundreds of users vouching for its quality.
But as we mentioned earlier, it isn’t just everyday people who have shown interest in bitcoin. Many celebrities have either shown support, expressed interest in, or just outright admit to having invested in bitcoin or other cryptocurrencies. Let’s take a look at just a few of the many celebrities who have expressed their support for the currency of the future.
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Snoop Dogg and Bitcoin
The rapper, music producer, and occasional actor Calvin Cordozar Broadus, Jr., more commonly known as Snoop Dogg, is ahead of the curve when it comes to cryptocurrency. As early as 2012, Snoop made his albums available for purchase using bitcoin, pricing each album at 0.3 BTC. At today’s price 0.3 BTC would be the equivalent of $15,000 dollars.
It isn’t known how many albums Snoop Dogg sold using bitcoin. However, we can only assume that his endeavor was successful. This is especially true if one considers his continued support for cryptocurrencies. He was also spotted living it up at the XRP Community Night crypto party in 2018, where he apparently performed.
This megastar expressed his support for bitcoin during his appearance on the Joe Rogan Podcast. Here he claimed, “Bitcoin is the true liberation of America.”
He also said that cryptocurrency in general creates a new path for young investors and that bitcoin is the next step in humanity’s frontier. Mr. West has not revealed exactly how much he holds in bitcoin. However, based on his public statements, we can assume that he owns a hefty chunk of cryptocurrency investments, including bitcoin.
The star of That 70s Show and Two and a Half Men, Ashton Kutcher, stated in interviews as early as 2013 that he viewed bitcoin as the currency of the future. He went on to say that people were becoming more interested in cryptocurrency even at that time. And he said that “cryptocurrency is obviously becoming more and more relevant.”
Mr. Kutcher’s fans know him as a crypto investor and a fan of blockchain technology. He is also known to have invested in Uber, Airbnb, and Bitpay.
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In 2020, Game of Thrones star Maisie Williams asked fans in a Twitter thread if she should “go long on bitcoin.”
The tweet got overwhelming response and Ms. Williams followed it up with a tweet confirming that she had indeed bought a share of bitcoin. This ultimately proved to be a smart move, as the coin’s price quadrupled in the following months.
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Bitcoin and You
Given its notoriety, perhaps you are considering expanding your portfolio to include bitcoin and other digital currencies, even if you consider yourself to be a conservative investor. If you do, be prepared for a rollercoaster of lows and highs in the digital currency’s price. So gauge your tolerance for risk and dive in for a little or a lot depending on your nerve.
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