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Author Topic: Celebrities using Bitcoin today?  (Read 1335 times)
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January 31, 2020, 04:43:38 PM
 #121

I already heard some celebrities that have bitcoin and some of them also promote new project. In our country, there are some famous people who involve in cryptocurrency and have you heard that Manny Pacquaio is now have it's own crytocurrency. The good thing about the celebrity that promote bitcoin is they can able to attract people that will invest but sometimes, it can also a cause problems because some of the people may use this in some illegal activity. If there will more celebrity that will promote cryptocurrency maybe we can see the increasing of massive adoption and it is a good way to spread the word of cryptocurrencies.
Pacquiao is a notable individual in view of his enthusiasm and generosity, he as of now assemble a decent notoriety on the eye of others that is the reason why he can easily catch their attention and encourage them on investing in bitcoin. In any case, it still relies upon the point of view of others and with the reputation of bitcoin in the Philippines? it's no uncertainty that they are reluctant to invest. It is difficult to change individuals mindset especially nowadays that they usually accept and trust each news in regards to bitcoin, it can give huge impact yet there is no affirmation. It still an incredible method to improve the adoption and acceptance of cryptocurrency.

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January 31, 2020, 05:01:15 PM
 #122

Some celebrities use Bitcoin as an investment asset. This can be assumed with a high degree of probability. Bitcoin is highly profitable, and the rich always strive to become even richer. I am not sure about their use of cryptocurrency in everyday life, because the cryptocurrency exchange rate is very unstable, which makes it difficult to use it for daily purchases.

Yes, I can confirm this information with a link: https://usethebitcoin.com/7-celebrities-who-have-invested-in-bitcoin/ This is a list of 12 celebrities who have invested in bitcoin. Among them we see Björk, Ashton Kutcher, Mike Tyson and others. In fact, of course, there are more such celebrities. Many of them, for various reasons, prefer to remain silent about their investments.

That might be true but I don't think that can help Bitcoin community in some significant way just because they don't announce that in public. However, it's good for promotion of Bitcoin but for that also they should advertise that fact more, maybe not in a way that they are investors but they could emphasize they support crypto community.

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January 31, 2020, 05:25:00 PM
 #123

there are many celebrities:

Kanye West

Ashton Kutcher

William Shatner

Michelle Phan

Tony Hawk

https://www.businessinsider.com/13-celebrities-who-back-cryptocurrency-and-may-own-millions-in-bitcoin-2019-1

https://bitcoinmagazine.com/articles/10-celebrities-didnt-know-bitcoin

https://cryptomaa.com/btc/celebrities-investing-bitcoin-altcoins/

as there are still no clear bitcoin laws, maybe that's why we are not seeing many bitcoin movies


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January 31, 2020, 06:11:22 PM
 #124

I already heard some celebrities that have bitcoin and some of them also promote new project. In our country, there are some famous people who involve in cryptocurrency and have you heard that Manny Pacquaio is now have it's own crytocurrency. The good thing about the celebrity that promote bitcoin is they can able to attract people that will invest but sometimes, it can also a cause problems because some of the people may use this in some illegal activity. If there will more celebrity that will promote cryptocurrency maybe we can see the increasing of massive adoption and it is a good way to spread the word of cryptocurrencies.
Its not some people "may", its some people will use it in illegal activities. This is nothing new. How do you think people used to conduct illegal activities before bitcoin was invented? Obviously, they used cash/fiat currency and still managed to hide their tracks. They even still use Prepaid cards or gift codes to conduct this kind of illegal activities. Does that mean that fiat and prepaid cards are bad and should not be promoted to use?

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January 31, 2020, 07:56:43 PM
 #125

Not only Akon, many other well-known celebrities are adopting cryptocurrency including Serena Williams, Ashton Kutcher, Mike Tyson, William Shatner and Kanye West. Celebrities attraction and entry into crypto will definitely boost the market. They have also firmly participated in the funding for Blockchain cyber Security Company. Their interest in the company can be taken s a major source of attraction for citizens. As people love to follow what their celebrities do.

That's good to know. The more celebrities make use of Bitcoin, the better it'll be for its mainstream adoption. People will quickly resort to Bitcoin once they see popular celebrities patronizing it. This is good for the benefit of not only Bitcoin but the Blockchain industry in general. But without real use cases for the mainstream world, you cannot expect demand to rise for Bitcoin or any other cryptocurrency on the market. At least, Akon has a good initiative for the widespread use of crypto worldwide. But other celebrities can help out too, by giving "free Bitcoin" to people in order to encourage its use all around the world.

There's a difference between celebrities using Bitcoin, and celebrities promoting Bitcoin within the mainstream world. Most celebrities talk positively about Bitcoin, but only a few make use of it. Some celebrities like John McAfee, Elon Musk, and even Mark Zuckerberg have talked positively about Bitcoin, but they don't make use of it (as far as I know). Still though, we need all the help we can get in order to get as much people into Bitcoin as we can. With greater adoption, comes greater success for Bitcoin and the whole Blockchain industry.

Nonetheless, I'm hoping to see more celebrities make use of Bitcoin within the mainstream world. Maybe someday we'll be able to see Hollywood actors using Bitcoin in public? I'd be surprised to see famous figures like Steven Seagal, Arnold Schwarzenegger, Keanu Reeves, and even Dwayne Johnson (aka "The Rock") using Bitcoin in public. That would serve as a massive boost in Bitcoin's adoption in the mainstream world. But above all else, Bitcoin would need to focus on scalability in order to maintain adoption by everyday people. Just my thoughts Grin

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January 31, 2020, 11:18:43 PM
 #126

For sure this celebrities is a big influence to a lot of people for sure they are going to influence a lot of people when it comes to endorsing this bitcoin or cryptocurrency or maybe just using cryptocurrency. If a celebrity is using this bitcoin for sure a lot of his or her fans is surely going to be influence too were not really sure if they invested their money in bitcoin already since they people have a lot of money maybe they invested a little percentage in bitcoin.

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February 01, 2020, 11:00:47 AM
 #127

Some celebrities use Bitcoin as an investment asset. This can be assumed with a high degree of probability. Bitcoin is highly profitable, and the rich always strive to become even richer. I am not sure about their use of cryptocurrency in everyday life, because the cryptocurrency exchange rate is very unstable, which makes it difficult to use it for daily purchases.

Yes, I can confirm this information with a link: https://usethebitcoin.com/7-celebrities-who-have-invested-in-bitcoin/ This is a list of 12 celebrities who have invested in bitcoin. Among them we see Björk, Ashton Kutcher, Mike Tyson and others. In fact, of course, there are more such celebrities. Many of them, for various reasons, prefer to remain silent about their investments.

That might be true but I don't think that can help Bitcoin community in some significant way just because they don't announce that in public. However, it's good for promotion of Bitcoin but for that also they should advertise that fact more, maybe not in a way that they are investors but they could emphasize they support crypto community.

If these celebrities did not tell us that they invested in bitcoin, then how would the yellow press know about it? They do not hide the fact that investing in bitcoin is not only profitable, but still fashionable today. In any case, all statements regarding bitcoin create a positive image for it.

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February 21, 2020, 11:21:35 PM
 #128

I don’t think that celebrities will promote Bitcoin for free. Why should they? Maybe if some famous person is a bitcoin enthusiast, he or she will promote it. I think that many of those who have enough money are investing in btc.

Good point. But I believe that mainstream crypto startups and companies could pay these celebrities for promoting Bitcoin within the mainstream world someday. Some celebrities that are wealthy are investing into BTC right now. But there are others that don't know what Bitcoin is or how it works. People usually follow celebrities as they're famous figures within the mainstream world. If they see someone recognized within the mainstream world using Bitcoin, they'll do the same.

The main issue with Bitcoin's adoption worldwide is the price volatility and slow transaction settlement. If Bitcoin would've improved its blockchain performance in the first place, fees would've been low while transactions would've settled in a short amount of time. Luckily, the Lightning Network is under heavy development with the aim to make Bitcoin more scalable for the masses. In this regard, we should promote Bitcoin's Layer-Two scalable solution (Lightning Network) to mainstream celebrities in order to pave the way for Bitcoin's adoption within the mainstream world. I'm sure that celebrities will find Bitcoin extremely convenient for payments once they get to use the Lightning Network which provides near-instant transactions at a fraction of the cost.

Nonetheless, I'm hoping that Hollywood actors could make use of Bitcoin within the mainstream world. A figure like Robert Downey Jr. or even Will Smith using Bitcoin in public (or in a movie) could bring a lot of attention to the pioneer cryptocurrency like never before. But there needs to be massive promotion/marketing of Bitcoin, otherwise this will be a dream more than anything else. Just my opinion Smiley

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Lakshman15
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February 22, 2020, 12:17:34 AM
 #129

In my opinion not all celebrities investing in Cryptocurrency. But who have good vision they are already invested hear.

For example Famous Indian Bollywood Actor Amitabh Bhachane four years back he invested now it's investments becomes 50 times high, he earn huge. This news are published in Social  Media too.

I think lot of Actors invested in crypto.
Bohxz M4p4gm4h4l25
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February 22, 2020, 02:50:45 AM
 #130


Do you think celebrities in the mainstream world are still using Bitcoin for their own benefit? If so, which famous people are deeply into Bitcoin right now? I'd love to see someone like Keanu Reeves, Microsoft's Satya Nadella, or even Apple's Tim Cook using (and patronizing) Bitcoin someday. At such degree, I think Bitcoin would've reached massive adoption within the mainstream world. Thoughts? Huh

Asolutely right! If those big people start to patronize bitcoin and blockchain it will probably generate a massive adoption. As we can see they are very influential and if they start to mention or talk about it in public a lot of people will be interested too to try using crypto. It will be good for the bitcoin ecosystem if this will happen and it might result to an increase of price of bitcoin.
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