American Rapper Lil Baby On Holding Bitcoin And Ethereum Over Fiat
For years now, some investors have preferred to hold their wealth in cryptocurrencies like bitcoin and ethereum as opposed to cash. As cryptocurrencies become more popular, this school of thought has become more widely shared to the point where even billionaires and celebrities have publicly come out to say that they would rather hold their wealth in digital assets rather than fiat. One of the latest celebrities to profess their support for bitcoin and ethereum is American rapper, Lil Baby. The rapper who rose to prominence in the last couple of years has said that he would rather hold his....
Related News
American rapper Busta Rhymes is looking to get paid in bitcoin. Rhymes made news when he first posted on Twitter about being curious about crypto. The rapper had asked his fans if they knew about crypto. Which resulted in fans shilling the rapper their favorite coins. Busta Rhymes was no doubt overwhelmed with all of […]
Indian rapper Raftaar is reportedly accepting cryptocurrency for his upcoming performance in Canada. “Nevertheless, I’ve finally taken the baby steps in this direction and all the credit goes to my manager, Ankit Khanna for making this dream a reality for me,” Raftaar said. Raftaar, an Indian rapper, lyricist, dancer, TV personality and music composer, made headlines this weekend for being the “first Indian artist to accept performance fee in cryptocurrency.” Raftaar’s real name is Dilin Nair. The performance for which Raftaar will be paid in....
Out of the 1,000 respondents, 21% plan to take on consumer debt for buying cryptocurrency while more than 20% have decided to use either their bank savings or refinancing homes. As the crypto ecosystem continues to mature and go mainstream, a new study of millennials has shown a change in investor sentiment and their spending habits. Surveying 1,000 American crypto investors, GamblersPick found that an average millennial today holds a little more than $1,800 in crypto. The survey reveals that 25% of the respondents bought crypto using credit cards instead of fiat currency, and have....
American rapper Sam Benson, better known for his stage name Blac Youngsta was detained by the police in Atlanta, Georgia, for withdrawing US$200,000 in cash. Over the past few years, an increasing number of cash-related arrests have been reported worldwide. Popular rapper Snoop Dogg for example, was stopped by the Italian Police in August of 2015, for holding US$422,000 in cash. “They come bum rushing me at the car, put me on the ground, putting guns to my head, so I’m like ‘What I’d do,’” Benson said. “A lady was like I’m not supposed to have…$200,000 on me. I’m like, ‘I’m a millionaire.....
Apparently the financial voice for baby boomers (those born post World War II), Neale Godfrey has a poke at describing fiat and bitcoin, and differences via a Forbes article. Neale starts with the explanation that the fiat she is referring to is not the model of car. And to be fair, most people in this generation and the last do not have an understanding of what fiat in the monetary sense is. Fiat is commonly referred to as paper money, centrally controlled and inflatable to infinity. Usually created by a government and defined as the countries legal tender and the means to pay one's....