During its earliest years, cryptocurrency didn’t capture the interest of the masses. It was sought after almost solely by developers, entrepreneurs, and engineers who were involved in its conception. This was due to the fact that most people didn’t understand cryptocurrency due to its perceived complexity, and therefore didn’t buy any coins.
However, since the 2017 Bitcoin bubble, different cryptocurrencies began to soar, and their reputations grew. The emergence of various crypto apps and tools has made it possible for millions to purchase crypto and even set up mining agencies.
Despite the constant fluctuation of Bitcoin prices over the past years, more people continue to join the crypto bandwagon. One more thing that has helped this trend is the considerable number of celebrities who have publicly declared their interest in cryptocurrency. The following public figures have helped push cryptocurrencies to the mainstream by publicly endorsing different digital coins and getting involved in various crypto ventures.
The actress and owner of “Goop” – a lifestyle website – is one of the public figures who has openly declared her interest in crypto. Gwyneth Paltrow was the face of Bitcoin wallet Abra, and even became their advisor in August 2017.
In November of 2018, Gwyneth shared an article through her Twitter account entitled, “The Basics of Bitcoin and Cryptocurrency—and How to Invest.”
Snoop Dogg expressed his interest in crypto when he made his record available for purchase in Bitcoin. This was back in 2013 when the currency had not caught the public’s appeal yet. Although it is not clear how many albums he ended up selling, Snoop sold each album at 0.3 BTC.
Based on the Bitcoin price today, he could have possibly made well over $6000 per album. The artist was also spotted at an XRP Community Night cryptocurrency party.
Mike Tyson is among the people who saw the potential of cryptocurrency before it started making headlines. Other than buying Bitcoin, Mike Tyson has designed Bitcoin ATMs, with his face tattoo inscribed on them. He also partnered with Bitcoin Direct to create a Bitcoin ATM with similar branding.
Singer Pitbull claims to have started buying Bitcoins back in 2012. In April 2018, the singer announced that, in partnership with eMerge Americas, he was launching Smackathon—crypto meant to revolutionize payment services in the music industry. This is according to a report by CNBC.
Mel B was the very first British artist to start accepting Bitcoin as a form of payment when she agreed to be paid in Bitcoin for her 2014 Christmas single through a collaboration with CloudHashing. This is according to a report by Kryptomoney.
In case you didn’t know, CloudHashing is one of the biggest companies in the crypto industry, offering Bitcoin-mining contracts to make it painless for anyone who wants to get involved in Bitcoin mining.
Other than founding his own investment agency “A-Grade” in 2010, renowned Hollywood actor Ashton Kutcher is a blockchain technology fan and has invested in UnikoinGold together with billionaire Mark Cuban.
Unikrn (the esports gambling company responsible for UnikoinGold) marketed the currency to be utilized for betting on sites such as Counter-Strike, League of Legends, and Dota 2. Kutcher has also invested in BitPay, Airbnb, and Uber.
Along with Bill Clinton, Madonna is among the many public figures who have been involved in explaining how cryptocurrency is an easy and secure payment method.
In 2018, the Queen of Pop joined hands with Facebook and Ripple for a virtual fundraiser that benefited her Raising Malawi Foundation. This is according to an Ethereum World News report.
Serena Williams is not just a renowned tennis player but a daring crypto investor as well. In 2014, Serena also launched an investment company named Serena Ventures.
The best part is that this startup invested in Coinbase, becoming one of the greatest cryptocurrency backers. According to the Serena Ventures website, the portfolio has a market cap of over $12 billion.
Floyd Mayweather has always been a champion when it comes to boxing. That’s likely why he had the boldness to invest in cryptocurrency. In 2017, the boxing champion posted a tweet saying how he was spending cryptocurrencies, including Bitcoin and Ether, in Beverly Hills. He also made a joke, telling people to call him Floyd Crypt Mayweather.
With just a single post on Facebook, Instagram, Twitter, or any other social media platform, these celebrities have helped promote cryptocurrency and therefore helped it grow by making it known to millions of their fans. The widening mass adoption of crypto will help boost all digital coins, such as META 1 Coin, by building demand for a fixed supply of coins.