It’s no surprise that many celebrities with disposable cash have opted to invest in Bitcoin because it’s a thriving sector. There are many different types of celebrities who use cryptocurrencies. Billionaire investors are among the celebrities who hold Bitcoin, while athletes are among the others. A few well-known musicians have even made their music available for cryptocurrency purchase.
With the introduction of several crypto apps and the development of tools, even the most inexperienced citizen can now invest. As a result, many people, including renowned and powerful people around the world, we’re familiar with the world of crypto. Furthermore, celebrities not only have an effect on the world, but they have also had an impact on the creation and evolution of the cryptocurrency sector throughout its brief history.
Let’s take a look at 7 celebrities who have made cryptocurrency investments and publicly support them.
What is Crypto?
At its most basic level, Bitcoin is decentralized digital money that can be used over the internet. Bitcoin was the first cryptocurrency, launching in 2008, and it is still the most popular, influential, and well-known. Since then, Bitcoin and other cryptocurrencies such as Ethereum have gained in popularity as digital alternatives to government-issued money. Click on this go URL and enter the world of cryptocurrency.
1. Elon Musk
Elon Musk, the South African-born creator and CEO of Tesla and SpaceX, is without a doubt the best marketer in the corporate world right now and is well-known for his ability to get away with PR stunts that harken back to the late and great Steve Jobs. Musk may be the biggest influencer in the cryptocurrency world, thanks to his roughly 60 million Twitter followers and pull on mainstream media outlets like Forbes and Bloomberg, after his erratic and enormously influential occasional shilling of Bitcoin and Doge, much of it tongue in cheek.
Musk may be a big fan of Bitcoin, but he also seems to like Dogecoin, a parody cryptocurrency (DOGE). Along with WallStreetBets, Musk is widely regarded as one of the top two drivers of DOGE’s ascent. He has tweeted about the joke coin over a dozen times, which has aided in the coin’s rise to an all-time high of $0.402, an 83x year-to-date increase.
2. Kanye West
Kanye West, one of the top rappers in the world, has indicated an interest in bitcoin. West referenced bitcoin in a 2018 interview with radio star Charlamagne Tha God in response to Harriet Tubman’s appointment as the new face of the $20 bill. “When I saw Harriet Tubman on a $20 bill, that was the moment I knew I wanted to use bitcoin,” he added, adding that everyone needs to look ahead to the future to drive growth.
Following the interview, he posted “decentralize,” igniting a massive debate on Twitter among crypto aficionados. Since then, though, West has stayed largely silent on the subject of cryptocurrencies and bitcoin. His involvement, on the other hand, was yet another fantastic endorsement for cryptocurrencies.
3. Serena Williams
Serena Williams is not only a fantastic tennis player, but she is also a brave bitcoin trader. Serena Ventures, her investing firm, was founded in 2014. Furthermore, this corporation invested in Coinbase, making it another fantastic cryptocurrency supporter. The portfolio’s market cap is above $12 billion, according to Serena Ventures’ official website. The fund’s concentration on early-stage startups, according to the website, stimulates collaboration among portfolio companies and expands partnership prospects.
4. Lionel Messi
Lionel Messi is widely regarded as one of the best players of all time and the greatest. Messi has constantly generated magic on the pitch since his debut for Barcelona in 2003, including goals, dribbles, and abilities. Messi is also knowledgeable about blockchain technology. Sirin Labs, a blockchain-based secure smartphone and all-in-one PC has made the Argentinian Superstar a global brand ambassador.
Messi is a world-famous figure. He is well-liked by a large number of people. Many people look up to him; therefore, he expressed his enthusiasm for blockchain after his Instagram post. After that, a lot of people changed their minds about blockchain technology.
5. 50 Cent
In 2014, rapper 50 Cent released his fifth album, “Animal Ambition,” and opted to take Bitcoin as payment. In June 2014, when one Bitcoin was valued at $662, he earned roughly 700 Bitcoin. This means he made $460,000 in sales at the time and now owns $8 million in Bitcoin, making him one of the first singers to profit from the cryptocurrency explosion. “Not bad for a kid from the South Side, I’m really proud of myself,” the musician wrote on Instagram.
6. Mel B
Mel B, a former member of the Spice Girls, was the first British musician to accept Bitcoin payments in 2013. Mel B has always been ahead of the curve, and she saw cryptocurrency’s potential early on. She collaborated with CloudHashing, a London-based company that sold Bitcoin-mining contracts, to sell her 2014 Christmas single using Bitcoin.
She was delighted to try out the new currency at the moment and expressed her excitement by saying, “I find it fascinating how new technology makes our life easier. Bitcoin links my supporters all around the world by allowing them to exchange money in a single currency.”
7. Logan Paul
Logan Paul, a polarizing YouTuber, content producer, and influencer, was also caught up in the NFT fever and launched his own NFT. According to sources, Paul sold $5 million worth of NFTs in February 2023.
The tokens Paul sold were digital Pokemon cards that were auctioned off on Bondly, a Polkadot-based NFT marketplace with whom Paul has partnered.
In just one hour in Bondly, the internet star sold 2,586 NFTs for nearly $1 million in profit, with each piece costing roughly 1 ETH.
With all of these well-known personalities, as well as major firms and organizations, betting on Bitcoin, the revolution appears to be well begun. Although it is unknown if Bitcoin will be widely acknowledged or if and for how long it will keep its current value, we do know that it has value in the eyes of the world’s most influential people.