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
Finder founder Fred Schebesta creates Australia's first crypto bank
Fred Schebesta, one of Australia's youngest millionaires, recently revealed his new multi-billion dollar cryptocurrency idea. The businessman plans to launch cryptocurrency banking on the basis of a classic credit institution.
SharkPool and Craig Wright threaten to destroy Bitcoin forks
The new project, known as Shark Pool, aims to destroy Bitcoin forks, flood their networks with empty blocks, collect mining rewards, and then convert them into Bitcoin Cash.
