The American rapper forgot about the seven hundred bitcoins he received for selling the Animal Ambition album in 2014. Then the cue ball cost $660. Today bitcent (as the artist was dubbed by the media after this story) can sell them for $11,145 and earn $7.8 million
50cent was one of the first artists to decide to sell albums for crypto. In 2014, 700 bitcoins cost $462 thousand. The musician did not pay attention to them, because then there was enough money: in 2014, Forbes estimated the fortune of 50cent at $140 million.
What made the artist remember about the bitcoin stash? Perhaps debts?
After all, in the past in 2016, 50cent declared itself bankrupt. The rapper does not answer this question, saying on his Twitter only that he “put everything in his bag.”
Now many musicians have begun selling albums for bitcoins. Björk was the last to be seen doing this. On November 24, 2017, the singer's ninth studio album, Utopia, was released on the One Little Indian label. The album is sold for bitcoins, litecoins, dash and cryptocurrency of the Audiocoin platform, which allows artists to get rid of intermediaries.
According to https://hashtelegraph.com
You May Also Like
The director of Mt.Gox does not admit his guilt
In his closing argument in a Tokyo court, Mark Karpeles, the former CEO of collapsed cryptocurrency exchange Mt.Gox, declared his innocence and non-involvement in the events that caused the firm to lose millions of dollars from its users and ultimately go bankrupt.
Have you heard about scammers pretending to be celebrities? What about the other way around?
Finland rarely makes headlines for bitcoin scams, but today it did happen. A certain Thai actor, Jiratpisit Jaraviyit, defrauded 22-year-old Finnish citizen Aarni Otava Saarimaa of a large amount of bitcoin. Celebrities are often used to perpetrate cryptocurrency scams, and the opposite has never happened before.
