How Bitcoin is Infiltrating Rap Culture

에 게시 됨 by Cryptoslate | 에 게시 됨

Given the average cost of a semester at a four-year college and the declaration that Big Sean can pay it off with just "Three coins," it can be inferred that Big Sean is rapping about Bitcoin.

Currently valued at around $6,200, Big Sean is not the first rapper to express an affinity for Bitcoin.

Although the 2014 album was one of the worst selling albums of his career, Bitcoin's meteoritic rise, from $662 to over $10,000 at the time of the announcement, made the 700 Bitcoin received for the album, beyond profitable for 50 Cent.

Despite posts referring to his Bitcoin riches on social media, they are now deleted from Instagram and Twitter.

In February 2018, he refuted owning any Bitcoin in bankruptcy documents.

Instead, his lawyers claimed that the majority of Bitcoin he earned from the album sales were converted to US dollars by a third party.

While it is unclear whether 50 Cent lied to his social media followers or the bankruptcy court regarding cryptocurrency, his historic move in 2014 still makes him one of the first recording artists to accept Bitcoin for online transactions in the music industry.

It will be interesting to see if other artists follow suit and accept Bitcoin or another cryptocurrency like Ethereum and if they end up holding, instead of selling the currency.

From his statement, it appears that the artist of mega-hit "Bad and Boujee," shares the crypto-world's belief in Bitcoin as valuable and here to stay.

Although the musical visionary talks about buying Bitcoin in an interview with Charlamagne Tha God, Kanye has yet to claim he has personally invested in Bitcoin.

x