Bitcoin advertising by celebrities.

[Captain-Cryptory]

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[hugeblack]

I suppose it is more propaganda for Cashapp more than for Bitcoin.
I do not know that actress, but this promotion will be bad because it means that more people who do not know about Bitcoin will enter anything at an absolutely inconvenient time to enter it, and it may lead to many people losing their money.

The best is to have people explain to people what Bitcoin is while knowing all the risks and leaving the choice for users to invest.

[Question123]

If the celebrities advertise and support bitcoin it is good for the community because it will spread the bitcoin to their supporters who is possible to become future investors of the bitcoin.

The more celebrity will expose bitcoin to the public the more chances to grow the value and it is what really want to happen. Hoping that not only the celebrities endorse the bitcoin but also the government will advertise this coin and Im sure that many people will invest and the price will grow more.

[AniviaBtc]

It is very obvious that they are just using bitcoin to lure people to use this app "Cashapp" just like a propaganda.

Don't just trust those celebrities when they are promoting something such as an app, crypto, giveaways, and etc. This is just mainly using bitcoin so that they can increase their users and advertise their platform. In addition, so that you are also aware, there are a lot of scams which are used in twitter and this people are using popular personalities to lure their victims.

Never trust easily on what you are seeing in a social media platforms.

[Yaunfitda]

I suppose it is more propaganda for Cashapp more than for Bitcoin.
I do not know that actress, but this promotion will be bad because it means that more people who do not know about Bitcoin will enter anything at an absolutely inconvenient time to enter it, and it may lead to many people losing their money.

Yup, this is more on Cashapp though and not bitcoin. But as the saying goes, any publicity is good for bitcoin. And this is not the first time that we have seen this, 2017 was also the time when we see a lot of celebrities jumping on bitcoin and other crypto, specially those ICO's that turns out to be a scam.

The best is to have people explain to people what Bitcoin is while knowing all the risks and leaving the choice for users to invest.

This is the financial side of bitcoin, I do hope though that this time, newbie investors will do their due diligence and not be irrational like 2017.

[rijaljun]

I don't think they were advertising Bitcoin directly for what I see that celebrity is advertising a wallet (Not quite sure if its a wallet) rather than the Bitcoin itself I thought it was something like a personal tweet but it looks like its an advertisement.

[DdmrDdmr]

They seem to be handing out 50 000 Satoshis a pop (11$ roughly), which is not a bad publicity stunt on behalf of Cash App, who I guess has studied the target audience of the rapper’s followers to determine the potential impact of the campaign. There’s also the lateral publicity being generated by the Twitter trail, to the point that the hastag is now amongst today’s top worldwide trending topics (see https://trends24.in/ -> It was number 1 around 11 – 15 hours ago -> search for BITCOINMEG).

[mk4]

Celebrities posting about Bitcoin/crypto isn't really anything new. As far as I remember, Katy Perry was one of the most notable ones in the 2017 bull run(though it was posted in January of 2018) with her "crypto nails" thingy.

In the end, it ended up being damn good indicator that the top was reached in the short-mid term lol.

https://www.instagram.com/p/BeXchJzFkhJ/?hl=en

[meanwords]

It is very obvious that they are just using bitcoin to lure people to use this app "Cashapp" just like a propaganda.

Don't just trust those celebrities when they are promoting something such as an app, crypto, giveaways, and etc. This is just mainly using bitcoin so that they can increase their users and advertise their platform. In addition, so that you are also aware, there are a lot of scams which are used in twitter and this people are using popular personalities to lure their victims.

Never trust easily on what you are seeing in a social media platforms.

The account looks legit and it seems that they are giving money to people. Though this some might see this as negative, It's actually not that bad. Bitcoin is getting free advertisement from a celebrity although it's obvious that its for cashapp. It's not like she is advising something negative.

[hannahB4]

Not celebrities though I have seen a lot of advertisement for bitcoin in my country not really a giveaway trend but advertising what they are really into through fliers, billboard and random post. If this trend continue bitcoin is going to gain more ground and publicity too though I think the post in just paving way for cashapp

[bassbity]

I suppose it is more propaganda for Cashapp more than for Bitcoin.
I do not know that actress, but this promotion will be bad because it means that more people who do not know about Bitcoin will enter anything at an absolutely inconvenient time to enter it, and it may lead to many people losing their money.

The best is to have people explain to people what Bitcoin is while knowing all the risks and leaving the choice for users to invest.

The tweet is of course intended to promote Cashapp so that more members can enter there. there is no harm even though I don't know who the artist is. but it is used as an event, where clearly fans will follow what the artist says. On the other hand, this certainly has a big impact on adoption again, but on the other hand, of course, bitcoin is owned by those who don't understand bitcoin as a whole, because all they know is to follow the instructions of the idol.
well like the propaganda in the era of bitcoin ATH, will get the attention of many top artists.

[eaLiTy]

Whenever the market is rallying you always hear the positive aspects of the market and you will hear from celebrities showing off their investment ideas and we have seen that during the ICO days when some of the celebrities even started promoting scam projects. This celebrity is promoting an application and this is the first time i am hearing about her yet she is not promoting BTCitcoin but an application .

[dothebeats]

Yeah right, these people always follow the money, and not necessarily the innovations and reasons behind it. Also it’s more of a promotion on Cash app based on the wordings and not much about bitcoin. There are huge differences in those. It would be best of an advertisement if they were to stick through with their opinion all throughout, and actually demonstrate their affinity on bitcoin not because they are paid but because they genuinely wanted to do so.

[Akiko]

I don't think they were advertising Bitcoin directly for what I see that celebrity is advertising a wallet (Not quite sure if its a wallet) rather than the Bitcoin itself I thought it was something like a personal tweet but it looks like its an advertisement.

True this is what I am thinking when  I read the thread. That person's is promoting the app with giveaway over all it still good for Bitcoin since it may attract new investors to use the wallet and buy Bitcoin using their wallet it's a most likely a paid advertisement for that celebrity This is a way to promote to more people using the popularity of this celebrity and at the same time social media .

[Nhor1011]

I think it was a promotional tool for the Cash App and they used bitcoin because bitcoin is now on fire. This will attract a lot of people to just get free money and consequently the bitcoin and Cash app will be known.

The problem is, what if people enter the world of bitcoin today without any knowledge and they are going to invest now in bitcoin because they are attracted to the promotion of these celebrities?

This will have a positive and negative impact on people who want to enter the world of bitcoin.
They need to learn first.

[acroman08]

It is very obvious that they are just using bitcoin to lure people to use this app "Cashapp" just like a propaganda.

Don't just trust those celebrities when they are promoting something such as an app, crypto, giveaways, and etc. This is just mainly using bitcoin so that they can increase their users and advertise their platform. In addition, so that you are also aware, there are a lot of scams which are used in twitter and this people are using popular personalities to lure their victims.

Never trust easily on what you are seeing in a social media platforms.

The account looks legit and it seems that they are giving money to people. Though this some might see this as negative, It's actually not that bad. Bitcoin is getting free advertisement from a celebrity although it's obvious that its for cashapp. It's not like she is advising something negative.

yeah, it's not bad, but this could lead people to blindly get into bitcoin(which is a very big no-no) just to get the chance of getting that give away and that could lead to people having a bad experience because they don't really know anything about bitcoin or its surroundings. I just hope they could provide information regarding bitcoin and to use it when they are going to do the giveaway to give the people who'll get it an Idea on what they should do.

[acener]

I think it was a promotional tool for the Cash App and they used bitcoin because bitcoin is now on fire. This will attract a lot of people to just get free money and consequently the bitcoin and Cash app will be known.

The problem is, what if people enter the world of bitcoin today without any knowledge and they are going to invest now in bitcoin because they are attracted to the promotion of these celebrities?

This will have a positive and negative impact on people who want to enter the world of bitcoin.
They need to learn first.

It was clear that it isn't really Bitcoin that she is promoting it was the App they only use Bitcoin for attention since it is being pump right now.
But it is still a publicity for Bitcoin so I think it is both good for the App and BTC.
But I don't really trust celebrities when it comes to this kind of promotions because we all know that they got paid to advertise it and most of the time they don't even know what they are advertising.

[Renampun]

...

The best is to have people explain to people what Bitcoin is while knowing all the risks and leaving the choice for users to invest.

true, there are still a lot of people out there who don't know what Bitcoin is...
*I was very surprised when a friend said that the current price of Bitcoin is around $10, I can only be silent to hear her say that. There are lots of people out there who don't understand what Bitcoin is, the risks and benefits, so education is important before invest.

[kryptqnick]

I suppose it is more propaganda for Cashapp more than for Bitcoin.
I do not know that actress, but this promotion will be bad because it means that more people who do not know about Bitcoin will enter anything at an absolutely inconvenient time to enter it, and it may lead to many people losing their money.

The best is to have people explain to people what Bitcoin is while knowing all the risks and leaving the choice for users to invest.

I would agree if it were a no-name product by random people with money, but Bitcoin should be adopted in various ways for people to find what's more comfortable to them. The announcement sounds like a message from someone who was hacked (at least it's my first thought because of lots of scammy fake Twitter giveaways), but if it's the real deal, it is a good thing. Cash App is Square and Square is Jack Dorsey, and this guy is pretty good, reputable and promotes Bitcoin, so I think that it's fine. At least Cash App is not a scam, and getting into BTC the hardcore way is not for everyone, so this makes it more accessible.

[Fesatmas]

Celebrity rapper Megan Jovon Ruth Pete aka Megan Thee Stallion tweeted about giving away of one million bucks worth of bitcoins to celebrate her successes. I'm not a fan of the rep, but I like the trend. If celebrities get involved into bitcoin's advertisement, then those who up to now stood on the sidelines watching developments or haven't heard about bitcoin at all would also be able to build our ranks.


I must admit that I didn't follow the celebrities up to now, I know that there are big holders among them, but I never heard of free giveaway from them. Is this  the first action of that kind or there were others?

Usually artists who do this kind of thing are paid by Cashapp for spending time and followers on twitter. so we all know, there are many kinds of promotions being held. not only under the pretext of bitcoin prizes. This is very common, considering that because bitcoin is currently a topic of conversation for many people, of course Cashapp doesn't want to be left behind in promoting prizes using bitcoin, artist followers will definitely be interested.

does anyone know where the artist is from?