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Author Topic: Celebrities using Bitcoin today?  (Read 1391 times)
meanwords
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January 18, 2020, 05:52:19 AM
 #21

Philippines is one of those countries who largely support cryptocurrency and I heard one of their celebrity (sports) have created his own cryptocurrency which is called PAC Token. I don't know much about it but with him involve in cryptocurrency, there's a high chance that he is using Bitcoin too even though it's not public yet, probably to avoid unnecessary attention.

If you want to know more, there's a news article here pertaining about PAC token here https://cointelegraph.com/news/boxing-legend-manny-pacquiaos-pac-token-set-for-ieo-on-nov-12
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January 18, 2020, 06:20:09 AM
 #22

Philippines is one of those countries who largely support cryptocurrency and I heard one of their celebrity (sports) have created his own cryptocurrency which is called PAC Token. I don't know much about it but with him involve in cryptocurrency, there's a high chance that he is using Bitcoin too even though it's not public yet, probably to avoid unnecessary attention.

If you want to know more, there's a news article here pertaining about PAC token here https://cointelegraph.com/news/boxing-legend-manny-pacquiaos-pac-token-set-for-ieo-on-nov-12
Philippine maybe have legal using bitcoin as digital currency payment and give opportunity for celebrities want to promote bitcoin in television as advertising way, but many country in the world not legal using bitcoin and not available for making bitcoin as advertising with social media television and look hard to get allowed permission from government.
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January 18, 2020, 06:47:17 AM
 #23

I believe a big part of celebrities are using bitcoin from developed countries. But likely most of them don't want to revealed themselves about bitcoin uses. Every celebrity have earning from different sources and they have to pay a huge amount of TAX if they revealed themselves. And most easy way to save TAX is put your money on bitcoin. So even governments won't trace them. I have heard long time ago, some celebrity from India hold big amount of bitcoin but they don't like to say briefly in public.

In my country even most of celebrities don't know about bitcoin since our local government strictly preventing from use bitcoin. That's why most celebrities and rich people don't have ideas about it. But hope some days we can use bitcoin publicly when governments will know about bitcoin and blockchain technology.

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imstillthebest
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January 18, 2020, 07:00:55 AM
 #24

I believe a big part of celebrities are using bitcoin from developed countries. But likely most of them don't want to revealed themselves about bitcoin uses. Every celebrity have earning from different sources and they have to pay a huge amount of TAX if they revealed themselves. And most easy way to save TAX is put your money on bitcoin. So even governments won't trace them. I have heard long time ago, some celebrity from India hold big amount of bitcoin but they don't like to say briefly in public.

In my country even most of celebrities don't know about bitcoin since our local government strictly preventing from use bitcoin. That's why most celebrities and rich people don't have ideas about it. But hope some days we can use bitcoin publicly when governments will know about bitcoin and blockchain technology.

realy  ? thats a genius idea   . they heard that bitcoin is a kind of currency that cant be taxed so they use it to avoid tax but i think tax evasion is a serious crime and there are charges when you are caught that you are guilty  but whats good with bitcoin is that its not traceable so they still in a safe place , not unless if they will transact outside using thier bitcoin and some authorities caught them  .  still if they are popular and have a big income, i think they still pay some taxes as that would be obvious  .
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January 18, 2020, 07:05:27 AM
 #25

Maybe rapper and hip-hop singer has used Bitcoin?
“Remember everybody used to bite nickel, now everybody doing bitcoin.” Eminem
Rapper 50 Cent’s move to accept bitcoin for his 2014.
https://www.coindesk.com/eminems-latest-album-kamikaze-features-a-bitcoin-shout-out
Rebel Wilson have $500K on Bitcoin, but it's just hustle movie https://www.publish0x.com/todayincrypto/next-hollywood-movie-line-getting-crypto-hustle-2019-xrnqdl


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January 18, 2020, 07:09:39 AM
 #26

I know that Ashton Kutcher is interested in Bitcoin. Lily Allen confessed that she blindly declined the opportunity to perform a live gig on the virtual world website Second Life for £6 million paid in bitcoin. Her confession proves that she uses crypto nowadays. Former Spice Girl and X Factor judge Mel B partnered with London-based CloudHashing to become the first musical artist to accept bitcoin to purchase her music.
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January 18, 2020, 07:12:49 AM
 #27

Few days ago I heard in news that the most popular actor in my country, Mr Amitabh Bachchan, he bought some bitcoins worth millions and later it grew and he gave some 20% tax on profit. I was happy that he did it in a country where anti crypto stances are still strong.
Isn’t bitcoin illegal in india? Mr. Amitabh Bachchan bought bitcoin? Did he talked anything about it?because as far I know if bitcoin is illegal and he bought it,then he should face police.I saw few news that peoples were arrested for using bitcoin in India then How Mr. Amitabh bought and didn’t face the law    
celebrities are mostly just a promotional event to introduce crypto to the outside community, and I think only a few artists who understand bitcoin. indeed in India the use of crypto is prohibited, I think if it is still done then it is an illegal activity, especially as an artist, of course, the government's attention to taxation
That's why I am telling.As far I know celebrities don’t wanna reveal there Secret. Maybe they or holding or Mr. Bachchan also holding but he don’t wanna reveal his secret. Because bitcoin is illegal in india and also for tax.           

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January 18, 2020, 07:20:26 AM
 #28

Philippines is one of those countries who largely support cryptocurrency and I heard one of their celebrity (sports) have created his own cryptocurrency which is called PAC Token. I don't know much about it but with him involve in cryptocurrency, there's a high chance that he is using Bitcoin too even though it's not public yet, probably to avoid unnecessary attention.

If you want to know more, there's a news article here pertaining about PAC token here https://cointelegraph.com/news/boxing-legend-manny-pacquiaos-pac-token-set-for-ieo-on-nov-12

Though it's not that popular yet even in our country but this will also influence other celebrities to know and participate in some crypto activities. Especially Manny Pacquio whose popular in the whole world. There might be more celebrity who will follow Manny's step and hope they are promoting a legit projects too.
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January 18, 2020, 07:27:29 AM
 #29

Maybe some of them are already holding or using it, once bitcoin gets extremely popular just like back then when the mainstream media's top story was Bitcoin. It could trigger a hype especially when bitcoin has been branded as the "The Best Investment Of The Decade" and maybe this is why we're seeing some greens and the price is surging in the crypto market because Institutional investors and popular figures joined in, who knows but that's a possibility.

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January 18, 2020, 07:53:19 AM
 #30

Well not many but i think Akon the black American singer might definitely have some bitcoins in his portfolio. I am able to make this assumption because of the recent approval which he had by building his crypto city where they are going to use Akoin his own generated cryptocurrency.

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January 18, 2020, 08:08:30 AM
 #31

We really need more celebrities and any other influential people to promote Bitcoin to the public. It will help a lot to recognize bitcoin. They are a great bridge to connect Bitcoin to the public. I've seen a foreign rapper, I forgot his name but what I've read is that he tweeted that he's also accepting Bitcoin for his products and services, which is actually great because in that situation, Bitcoin can be used for payment transactions. And I've recently heard about Akon having his own city involved with crypto.
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January 18, 2020, 08:15:24 AM
 #32

Well not many but i think Akon the black American singer might definitely have some bitcoins in his portfolio. I am able to make this assumption because of the recent approval which he had by building his crypto city where they are going to use Akoin his own generated cryptocurrency.

Thats almost automatic if someone is engaged into cryptocurrency most probably they haave their own btc in their wallet. You cannot engage into something without possessing the most important thing that is related to the subject. Akoin sounds good to hear and I expect this to become shitcoin anyway like most of the celebrity coins in the market. They are just grabbing the opportunity of their fame.
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January 18, 2020, 08:25:26 AM
 #33

at this time if we see that there are many celebrities in the world who come from various circles both musicians, famous movie stars, or other famous figures who have used bitcoin or there are many who have been associated with the world of bitcoin and cryptocurrency even though some of them are just to promote , and for the future I am sure there will be other famous figures who will adopt bitcoin because they know that bitcoin is used either as a protection of wealth assets or to invest.

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January 18, 2020, 08:27:34 AM
 #34

with the help of celebrities can indeed provide benefits, especially for advertising, but we must also see projects that do advertising using the services of celebrities as their brand ambassadors. because if you use the help of celebrities they only use their fame.
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January 18, 2020, 09:08:13 AM
 #35

I know some popular people like Mike Tyson and 50 Cent who have a great interest in bitcoin, even the last name is actively selling albums with bitcoin as payment in 2014. For now they look calm, but I'm sure they are the same as us who are still waiting momentum. If celebrities compactly promote bitcoin, then it will definitely have an impact on price and adoption simultaneously.

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January 18, 2020, 09:39:51 AM
 #36

I believe a big part of celebrities are using bitcoin from developed countries. But likely most of them don't want to revealed themselves about bitcoin uses. Every celebrity have earning from different sources and they have to pay a huge amount of TAX if they revealed themselves. And most easy way to save TAX is put your money on bitcoin. So even governments won't trace them. I have heard long time ago, some celebrity from India hold big amount of bitcoin but they don't like to say briefly in public.

In my country even most of celebrities don't know about bitcoin since our local government strictly preventing from use bitcoin. That's why most celebrities and rich people don't have ideas about it. But hope some days we can use bitcoin publicly when governments will know about bitcoin and blockchain technology.

Yeah right, I also think that tax is the main reason. Just like in my country, the tax institutions in my country chase celebrities and artists because most of them have luxurious lifestyles, therefore tax activists always oversee celebrity finances. But on the other hand I am very confident that some celebrities in my country secretly use bitcoin to avoid taxes.

Btw, I also found an article discussing world celebrities who use BTC too, maybe this could also be a boost for bitcoin itself in the future. https://usethebitcoin.com/7-celebrities-who-have-invested-in-bitcoin/
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January 18, 2020, 10:03:13 AM
 #37

Every popular person mentioning the word Bitcoin in a positive manner will definitely have an impact to Bitcoin. Every person who has a community of fans and followers talking about Bitcoin will definitely drive Bitcoin into an increase popularity. Notwithstanding whether the person is really using Bitcoin or not. Fans are oftentimes blind.

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January 18, 2020, 10:12:45 AM
 #38

There are many famous people investing in bitcoin and they have a great influence on the cryptocurrency market. However, the majority of such people talk less about bitcoin, they just silently invest and receive profits.
However, the biggest hurdle for bitcoin and the current crypto market is government regulations, we need the government to loosen the rules rather than some famous people talking about bitcoin.


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Shasha80
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January 18, 2020, 11:13:37 AM
 #39

Indeed we need a lot of famous celebrities, especially from Hollywood to popularize bitcoin. I imagined if a celebrity
like Dwayne Johnson, Nicolas Cage, Emma Watson, Chris Evan, etc. They all use bitcoin in their daily lives, even they
uploaded it on their respective social media accounts, you can imagine how awesome bitcoin is growing. But reality says
differently, we must admit that to get to that stage it will take several more decades. Hopefully bitcoin can reach famous
celebrities immediately.

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January 18, 2020, 11:19:33 AM
 #40

I doubt they will reveal themselves.
That just means being questioned by IRS.

If they do then I will congratulate them for having a lot of courage facing a lot of enemies with the United States government.
Yes, it will happen.
Whoever the name would be, they will just not care. They all need to pay every penny of their tax.
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