The Bitcoin phenomenon is getting bigger by the day. Mainstream media are covering more and more of the most important financial invention since the dawn of money. At the same time, Bitcoin is rapidly becoming the talk of the town within the business and celebrity world. The more popular Bitcoin gets, the more the celebrities are endorsing, investing in and joining the Bitcoin revolution.
Imagine this. If you’d have bought $100 worth of bitcoin 7 years ago, you’d be $75 million richer today. With $1,200 spent on some 480,000 Bitcoins, you would have been worth at least $1.1 billion today. Something seriously and truly amazing is happening, as we speak, within the cryptocurrency market. Just look who’s talking about Bitcoin:
Bill Gates: “There will be two types of business in the 21st century, those who are on the internet and those that do not exist,” Microsoft co-founder and the world’s richest man for several years, referred to the digital currency in this way, “It’s interesting because it shows how cheap it can be. It’s better because you do not have to be physically in place, and of course, for large transactions the physical currency can be quite uncomfortable.”
Ashton Kutcher is one of the Hollywood celebrities who has stood out as a Bitcoin enthusiastic: “Why do I get the feeling that the best protection against a Sanders or Trump nomination might be to buy bitcoins?” Kutcher has demonstrated his deep enthusiasm for digital currency by joining the Bitpay company in one of the most productive rounds of investment.
The Apple computers co-founder Steve Wozniak is another well-known individual who discussed Bitcoin on CNBC. Wozniak said he purchased Bitcoin when the price was around $700 but initially noticed the technology when it was $70 per coin.
Richard Branson said in an interview with the economic news channel Bloomberg that he considers that Bitcoin is a currency that is working. “I think it’s working, and if more coins were like that it would be better. But in the meantime, there is a big industry close to this coin, and you know people have made a fortune with Bitcoin.”
Warren Buffett clarifies in an interview for CNBC that he is not the biggest fan of the digital currency, however, he makes clear that this is an “effective way to transmit money.” All you have to do here is read between the lines.
The first celebrity to bring the revolution into to the music world was former Spice Girl and X Factor judge Mel B; she became the first musical artist to let fans buy her music with Bitcoins.
Using Instagram to promote cryptocurrency is increasingly common among influential users. The hashtag #bitcoin now appears in more than 562,102 Instagram posts including posts by Boxer Floyd Mayweather and Paris Hilton.
More famous celebrities that have discussed Bitcoin publicly include Roseanne Barr, Drew Carey, Akon, Gwyneth Paltrow, Joe Rogan, DJ Lethal, and Lily Allen. Due to the increasing popularity of Bitcoin, it’s likely that we’ll see even more key figures throughout the business and entertainment industry jumping on board.
The Future of Bitcoin
Celebrities are taking the talk to Twitter or entertainment TV not by request or due to paid campaigns. Rather, most of them have personally invested in cryptocurrencies and encountered first-hand the limitless benefits attached to the world’s most popular cryptocurrency, motivating them to go publicly about Bitcoin and the cryptocurrency revolution.
As more businesses and governments accept Bitcoin, the future of Bitcoin looks promising than ever and it’s no surprise that even the richest and most famous people in the world are sharing their thoughts and stocking up on Bitcoin.
Where do you think Bitcoin will be in a year’s time? Two years? Five years? Despite some short term ups and downs in price, if we’ve learned anything from the past, it’s that financial assets of legitimate use and value like Bitcoin can be amazingly profitable in the mid to long term. That’s food for thought.
With all the headlines surrounding Bitcoin, Ethereum, and other popular cryptocurrencies, you might be thinking it’s time to invest a few hundred dollars just to get in the game. But where would you start? Crypto exchange? Alpha-numeric codes? Mining software? Wallets? Fortunately, there are much simpler ways.
Certified trading platforms like Zurich Prime allow a simple and secure way to become a Bitcoin investor by trading, not buying, Bitcoin at the fraction of the market cost while still offering investors the same short-term to even higher long-term profits.
Still wondering how to get started with Bitcoin? We’ve gathered the perfect place to start.