In its early stages, cryptocurrency was largely unknown to the public. Due to their nature, many people first found it challenging to understand them, let alone invest in them. However, as their reputation grew over time, cryptocurrencies started to gain speed. In the past, only engineers, developers, and business owners made investments in them. However, cryprocurrencies have penetrated into many sectors including the online casino sector. As a result, casino players can wager using cryptos such as Bitcon. A popular example is Ignition Crypto Poker which allows poker players to wager using Cryptocurrencies. Moreover, cryptos have also become acceptable in several eCommerce platforms.
When Bitcoin was first introduced, few people thought it would grow into what it is today. More programmers became millionaires as it reached 60,000 USD, making it more popular among them. However, other movie stars decided it was worthwhile and invested in it, which was unquestionably smart.
Maisie Williams
Maisie Williams, who plays Daenerys Targaryen in Game of Thrones, jumped on the bitcoin bandwagon in November 2020. This was after soliciting advice from her Twitter followers on how to buy bitcoin. She went ahead and did it even though the majority of the responses told her not to.
Ashton Kutcher
The well-known Hollywood actor Ashton Kutcher is a substantial investor in technology and a proponent of blockchain. Many revered Kutcher as a role model and his involvement with Bitcoin is advantageous to the industry. In a 2013 interview with CNBC, he said, “I think bitcoins are becoming more and more pertinent.”
Steven Seagal
Seagal has been a familiar face in the cryptocurrency industry, even though his precise Bitcoin holdings are unknown at the time of writing. Sadly, he has also been connected to dubious cryptocurrency assets. The US SEC accused Seagal of “unlawfully advertising” a BTC competitor in 2020. The martial arts celebrity consented to pay a fine of $314,000.
Reese Witherspoon
Reese Witherspoon is one of the most recent celebrities to enter the realm of cryptocurrencies. Witherspoon recently sold her media company Hello Sunshine to a Blackstone-backed company for $900 million. According to Hello Magazine, she used that chance to make an investment in the cryptocurrency ETH, also known as Ethereum, through her Twitter account.
Johnny Depp
One of the most well-known actors in the world is Johnny Depp. Many people have great Johnny Depp movies in their film collection. The actor’s spending habits are well known, but he recently added bitcoin. Depp partnered with the startup TaTuTu in October 2018. This blockchain firm pays tokens to users who participate in gaming and movie platforms.
Hugh Laurie
Hugh Laurie, the actor in the popular medical drama House MD, is well-known worldwide for his portrayal of the witty and dry-humored Dr. Gregory House. Before a buddy advised him to buy Bitcoin in 2015, Laurie had no interest in Cryptocurrencies. He invested $5000 in BTC because the value had begun to rise during his investment.
Tom Brady
Tom Brady showed his support for the cryptocurrency market in May 2021 by using Twitter to display his new Twitter avatar with laser eyes. Although the Bitcoin market is unstable, there was a noticeable decline after Brady declared his support for it. He was referred to as the “Bitcoin bull” because his announcement caused a noticeable decrease in investment.
Mike Tyson
Mike Tyson is a well-known boxing champion who has also made a name as an actor. He has also featured in documentaries such as Bruno v Tyson, a documentary that profiles Frank Bruno. According to reports, he was among the first celebrities to appreciate the potential of Bitcoin. He did not hesitate to join the digital revolution as he collaborated with Bitcoin ATM makers by allowing his face to be tattooed on the machines. Moreover, he also partnered with Bitcoin Direct to offer a BTC mobile wallet.
Snoop Dogg
Snoop Dogg began as a rapper before joining the acting industry. He has featured in many top-rated films and joined the crypto world in 2012 including a voice cast in Turbo which hit the cinemas in 2013. Bitcoin was still new to the market at the time, but Snoop took a bold step by allowing his songs to be purchased using BTC. He sold each poster album for around 0.3 Bitcoins which translates to approximately $14000. However, Snoop Dogg has not revealed how many albums he has sold. Furthermore, he has not made public how many BTC he owns.
Conclusion
With so many well-known people betting on Crypto, not to mention significant businesses and institutions, it seems like the revolution is well underway. Cryptocurrency has value in the eyes of the most powerful people on the planet, even though it’s unknown when the digital currencies will actually be widely used or if and how long they can maintain their price.