Grammy Award winning rapper Eminem It is one of the few musical celebrities to be mentioned Bitcoin BTC/USD in their songs
what happened: In August 2018, the musician released a song titled “It’s Not the Same” from his best-selling album Kamikaze.
In this song, one of the fellow rappers was also present Royce da 5’9′ who sang these songs: “Member, everybody was biting nickels, now everybody’s biting bitcoins.”
To be exact, “Kamikaze” was released on August 31st. The rap was good PR for Bitcoin, which was at $7,037.58 at the time.
So, if an investor were influenced by the rap and parked $1,000 in the cryptocurrency, they would earn 0.14 units.
Now six years later, Bitcoin has risen to $58,956.59, which means that 0.14 units will be worth $8,253.84, representing an increase of 725.38%.
See also: El Salvador’s Vice President Naib Boquele says Bitcoin uptake has not been a “remarkable success” – “We’ve never forced anyone to accept it”
Why does it matter?: Apart from Eminem, other famous musicians have also repeatedly revealed their connection with the leading digital currency.
Grammy Award winning rapper 50 cents Was one of the first to join the bandwagon in 2014 by accepting Bitcoin as payment for the album “Animal Ambition”.
Rap legend Snoop Dogg He spoke publicly about his Bitcoin holdings and was a staunch advocate of the digital currency revolution.
Nasser Jones known as nas, Another dream is Bitcoin, which famously says, “Bitcoin will become an industry as big, if not bigger, than the Internet.”
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