50 Cent accepted Bitcoin for his 2014 album Animal Ambition and earned roughly 700 BTC, worth $400,000 then but $7-8.5 million today. The host added a Bitcoin payment option to his business that same year and still holds coins from it. Other celebrities like Snoop Dogg, Nas, and Mike Tyson have also embraced crypto.
Hey you, welcome back to the channel. And guys, today we want to talk about 50 Cent and his Bitcoin fortune. So I found this quite interesting, guys. Uh, the rap mogul 50 Cent here, back in 2014, uh, he decided to accept, uh, Bitcoins as payment, um, for his album Animal Ambition. And, uh, this came in according to TMZ News. Uh, his album was able to sell about 700 bitcoins, or take up— take in 700 payments of bitcoins, which came to a little bit over $400,000. And at the time, Bitcoin was trading at about $662 per Bitcoin. Well, we know now if you fast forward till today, uh, in today's terms, that's about $7 to $8.5 million. So, you know, you know, 50 cents laughing all the way to the bank. So a good investment just shows the power of Bitcoins. And it was kind of interesting they mentioned that date, 2014. I remember I was doing some online businesses, um, and I put up Bitcoin accepted payment button on one of my online businesses. And I do have a few Bitcoins. I had some, some, well, fractions of Bitcoins rather, you know, they're still left back from 2014. And so I don't know, maybe 2014 is the magic number, but a good move on 50 Cent's part. And I don't know if he's gonna hold those Bitcoins or he's gonna sell out now, but You know, if he's bullish on Bitcoins and he decides to hold them, uh, which he probably will. The interesting thing about celebrities, I think, that, uh, invest in Bitcoins, I don't think they're hard-pressed to sell Bitcoins unless maybe they fall on hard times or something. Maybe their careers go down the toilet. But, uh, just some interesting tidbits here. Some other entertainers that got into Bitcoin around that time, or have been holding Bitcoins for a while now. Ashton Kutcher, Mike Tyson, Snoop Dogg, Nas, Childish Gambino, Mel B, and Drew Carey of The Price Is Right, or The Drew Carey Show. And yeah, with these entertainers, some of these entertainers I could see probably holding some Bitcoins. I could see someone like Childish Gambino holding Bitcoins. He often thinks outside the, you know, outside the box. Even like Snoop Dogg and, you know, even Nas. I can definitely see those people holding Bitcoins as well. But again, great move on their parts. 50 Cent's always been a pretty good businessman. He seems to be good with investments. He seems to win quite a bit with investment. So anyway, guys, I just thought that would be an interesting information to let you all know. Guys, if you like content like this, don't forget to like and subscribe. And until next time, take care.
UBI - CIA Agent Explains Why Americans Will Never Get Universal Basic Income?
